crime does pay, but only in bulk

admin — Mon, 17 May 2010 19:23:52 +0000

I looked over the FBI’s Internet Crime Complaint Center’s annual report covering 2009. There wasn’t a whole lot that was interesting (electronic crime is on the rise), but one thing caught my eye. One page 6 there is a chart showing the number of cases divided up by the monetary loss associated with it. Only 7.5% of the cases involved damages of more than $10,000 and only 1% involved damages of over $100,000. Gone I suppose are the days of the million dollar heists, replaced instead by the facilitation of many smaller crimes. The scammers are only making money because they steal in bulk.

cybercrime on the way up

admin — Thu, 19 Nov 2009 21:32:34 +0000

According to Symantec, Cybercrime is now the number 1 crime in terms of profit, having recently passed Illegal drug trafficking.

Angels of security » cybercrime

crime does pay, but only in bulk

cybercrime on the way up