Pirated computer software cost Cambodia $50m

Pirated computer software accounted for about $50 million in losses to the Cambodian economy every year, an industry expert said yesterday. According to Pily Wong, president of the ICT Business Association, about 95 per cent of the computer software used in Cambodia is counterfeit, crippling the local software industry and incurring additional expenses for private companies protecting their data. On a broader level, it resulted in a loss of tax revenue, he said. “It’s not [only a] loss for the software editors, but also for IT retailers, private companies and [represents a] loss in tax revenue for the government,” Wong said. …

http://www.phnompenhpost.com/2013020161114/Business/pirated-computer-software-cost-cambodia-50-million.html