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DNS Firewalls Could Prevent Billions in Losses to Cybercrime
DNS protection could prevent approximately one-third of the total losses due to cybercrime – which translates into billions of dollars potentially saved.
According to "The Economic Value of DNS Security," a new report published by the Global Cyber Alliance (GCA), DNS firewalls could annually prevent between $19 billion and $37 billion in losses in the US and between $150 billion and $200 billion in losses globally. GCA used data about cybercrime losses from the Council of Economic Advisors and the Center for Strategic and Internation Studies as the basis for its GCA's estimates of how much DNS protection, such as a DNS firewall, could save the economy.