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Cybercrime Surpasses Global Illegal Drug Trade | | |  |
|  | Cybercrime Surpasses Global Illegal Drug Trade Unbelievable, but true. It’s a sign of the times when you make more money isolated behind a PC than out in public wheeling and dealing. More convenient, no doubt, but definitely more risky. Illegal activities can now take place at the push of a button. People become victims of phishing and data loss within minutes. McAfee’s new CEO, David DeWalt, has estimated that cybercrime is now a US$105 billion business. Poor law enforcement does little to deter the activity. As DeWalt puts it, “If you rob a 7-11 you'll get a much harsher punishment than if you stole millions online.” It remains to be seen who is going to step up to the plate and take control of that increasingly serious situation. Get informed here. | Posted on Friday, September 21, 2007. Posted by fiona.
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