Cybercrime Now Generates More Revenues Than Illegal Drug Trafficking

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Cybercrime Now Generates More Revenues Than Illegal Drug Trafficking

11-29-2005, 11:33 AM,

Post: #1

mandy Offline

Administrator

Posts: 9,932
Likes Given: 0
Likes Received: 6 in 5 posts
Joined: Feb 2011
Reputation: 0

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

« Next Oldest | Next Newest »

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	The year of computing dangerously: experts expect cybercrime to be worse in 2007	mandy	0	2,692	12-24-2006, 09:03 AM Last Post: mandy
	The Root Causes of Cybercrime	mandy	0	5,558	11-11-2006, 11:18 AM Last Post: mandy
	Symantec Internet Security Threat Report Shows Cybercrime is on the Rise	Kristijntje	0	2,565	03-08-2006, 11:17 AM Last Post: Kristijntje
	FBI: Cybercrime Causes Financial Pain for Many Businesses	Kristijntje	1	2,793	01-21-2006, 10:52 PM Last Post: bargainbloodhound
	Hackers are all B'stards now	mandy	1	3,211	09-16-2005, 09:38 PM Last Post: rose

Forum Jump:

Users browsing this thread: 1 Guest(s)