In 2005, piracy cost the software industry $35 billion USD in lost revenue. Microsoft, which bets heavily on its Windows and Office software, is most often the target of pirates. Microsoft senior attorney Bonnie MacNaughton estimates that more than 33% of all Microsoft software is pirated.
This comes as no surprise to Romanian President Traian Basescu. It is estimated that 70% of the software used in Romania is pirated, and President Basescu is proud of it.
In a recent joint news conference with Microsoft chairman and founder Bill Gates, Basescu had this to say about piracy; "Piracy helped the young generation discover computers. It set off the development of the IT industry in Romania."
He continued, "It helped Romanians improve their creative capacity in the IT industry, which has become famous around the world ... Ten years ago, it was an investment in Romania's friendship with Microsoft and with Bill Gates."
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