A lot's been said about "cyber crime" in the corporate landscape over the past few years, including a recently released report suggesting that online criminal activities cost the U.S. economy $100 billion per year. But nothing speaks louder than the government's most recent announcement, which details how more than 160 million consumers were affected in what The Wall Street Journal is calling "the biggest hacking scheme ever prosecuted" on U.S. soil. Watch as Motley Fool analyst Lyons George discusses how companies such as J.C. Penney (JCP +0.00%) and 7-Eleven fell victim to a $300 million super-hack.
Cyber-Crime Alert: 160 Million Affected in 8-Year Super-Hack
By Lyons George – Jul 27, 2013 at 11:30AM
OTC: JCPN.Q
J.C. Penney

A new report suggests that online criminal activities cost the U.S. economy $100 billion per year, affecting companies from J.C. Penney to 7-Eleven.