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Intellectual property (IP) theft continues to significantly impact corporations globally, leading to substantial financial losses and security concerns. Here are some notable statistics.
Financial Impact on U.S. Corporations:
IP theft costs the U.S. economy between $225 billion and $600 billion annually.
https://crigroup.com/intellectual-property-what-do-the-statistics-indicate/
Data Breaches:
The average cost of a data breach in the U.S. is $8.64 million, with many breaches involving the theft of trade secrets and proprietary information. https://crigroup.com/intellectual-property-what-do-the-statistics-indicate/
Employee-Related IP Theft:
A study found that up to 12% of employees take sensitive information with them upon leaving a company, posing significant risks to corporate IP security. https://www.scworld.com/perspective/the-rise-of-employee-ip-theft-and-what-to-do-about-it
Financial Impact on U.S. Corporations:
IP theft costs the U.S. economy between $225 billion and $600 billion annually.
https://crigroup.com/intellectual-property-what-do-the-statistics-indicate/
Data Breaches:
The average cost of a data breach in the U.S. is $8.64 million, with many breaches involving the theft of trade secrets and proprietary information. https://crigroup.com/intellectual-property-what-do-the-statistics-indicate/
Employee-Related IP Theft:
A study found that up to 12% of employees take sensitive information with them upon leaving a company, posing significant risks to corporate IP security. https://www.scworld.com/perspective/the-rise-of-employee-ip-theft-and-what-to-do-about-it
International Cybercrime Impact:
In Germany, cybercrime and sabotage cost companies approximately €267 billion ($298 billion) over a recent year, with 81% of affected firms reporting data theft involving customer data, passwords, and intellectual property. https://www.reuters.com/technology/cybersecurity/cybercrime-sabotage-cost-german-firms-300-bln-past-year-2024-08-28/
Global Software Piracy:
The commercial value of pirated software globally was estimated at $63.4 billion in 2011, with emerging markets accounting for over half of this amount. https://en.wikipedia.org/wiki/Copyright_infringement
International Cybercrime Impact:
In Germany, cybercrime and sabotage cost companies approximately €267 billion ($298 billion) over a recent year, with 81% of affected firms reporting data theft involving customer data, passwords, and intellectual property. https://www.reuters.com/technology/cybersecurity/cybercrime-sabotage-cost-german-firms-300-bln-past-year-2024-08-28/
Global Software Piracy:
The commercial value of pirated software globally was estimated at $63.4 billion in 2011, with emerging markets accounting for over half of this amount. https://en.wikipedia.org/wiki/Copyright_infringement