The cost of cybercrime must be taken with a grain of salt but certainly not ignored. In 2009, McAfee stated that they estimated the total global cost of cybercrime to be $1 trillion. This number is now used by public officials in citing the monetary impact of global cybercrime. The Center for Strategic International Studies (CSIS) released information this month stating that this number could be half or three times as high (CSIS, TheEconomic Impact of Cybercrime and Cyber Espionage, July 2013). McAfee, responded by stating that they are releasing a new study that will add more rigor to their numbers (Joseph Menn, Obama'strillion-dollar hacking costs claim exaggerated, McAfee-funded study says, July 22, 2013).