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Revenues from cybercrime now exceed those of drug crime
(30/03/2009)

Revenues from cybercrime at $1 trillion annually are now exceeding those of drug crime. This was the testimony from AT&T's Chief Security Officer Edward Amoroso, which he gave to a US Senate Commerce Committee. These findings have been confirmed by Finjan. "Our latest research suggests that, whilst the economic downturn is reducing the income of drug traffickers, cybercriminals are becoming ever more innovative in the ways they extract money from companies and individual," said Yuval Ben Itzh... [more]

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