Cybercrime Now Generates More Revenues Than Illegal Drug Trafficking

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Cybercrime Now Generates More Revenues Than Illegal Drug Trafficking

11-29-2005, 11:33 AM,

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mandy Offline

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Cybercrime Now Generates More Revenues Than Illegal Drug Trafficking

Quote:Global cybercrime generated a higher turnover than drug trafficking in 2004 and is set to grow even further with the wider use of technology in developing countries, a top expert said on Monday.

No country is immune from cybercrime, which includes corporate espionage, child pornography, stock manipulation, extortion and piracy

Last year was the first year that proceeds from cybercrime were greater than proceeds from the sale of illegal drugs, and that was, I believe, over $105 billion...

full article: http://labs.news.yahoo.com/s/nm/20051128...ercrime_dc

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