Using dubious sources, which they might bought off in the first place, and fantasy fiction posing as White paper, Mcafee managed to convince ignorant world leaders and lazy reporters that Cybercrime costs $1 Trillion (The whole US economy is only $14 Trillion). Symantec failed to outdo Mcafee in fearmongering, but its reports said that Cybercrime cost American companies $250 billion a year. Both companies have no solid proff of their claims. The figure couldn't be proved anywhere. So, how did they do it? Simple - they used dubious fogures from an informal survey of business executives and then 'extrapolated' the figures.
Propublica explains how hard it is to gauge the extent of damage from Cybercrime (basically, solid data is hard to get):
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