An effort to consolidate various fraud related news from newspapers/websites across the world. News on Phishing, News on Skimming, News on Hacking, , News on Banking Frauds, News on Identity theft, Fraud news
Wednesday, September 28, 2011
Cybercrime: A billion-dollar industry - bellinghamherald.com - 26 Sep 2011
Are you protecting yourself from getting hacked? Think you're not at risk? According to a recent Norton cybercrime report, 431 million adults in 24 countries experienced some type of cybercrime over the past year, which is up 3 percent from the 2010 study. (The top three cybercrimes, according to the study, are viruses or malware, online credit card fraud, and phishing - or e-mail scams.) In the United States, that comes to 141 victims per minute.
"Our study found over 41 percent of us don't have software security," said Helen Malani, Norton's consumer cybercrime expert. "There's a general apathy about it - a disconnect. Three times as many people have been the victim of online crimes, but yet they are more afraid that they will be robbed on the street."
According to the study, over the past year the United States' total bill for cybercrime topped $139 billion.