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Security

Submission + - Cybercrime Victims Number One Million Each Day (wsj.com)

pbahra writes: "Over one million adults around the world are the victim of cybercrime every day, according to figures published Wednesday. The Norton Cybercrime Report 2011 paints a gloomy picture. The company estimates that cybercrime cost online consumers over the 24 countries surveyed a total of $388 billion in just one year. By contrast, according to Adam Palmer, Lead Advisor at Norton Cybersecurity Institute and a former U.S. Navy prosecutor, the entire global trade in cocaine, heroin and marijuana is worth $288 billion. All told, Symantec estimates that there are 431 million victims a year. Your chances of being a victim of cybercrime (44% of people reported being a victim) are substantially greater that being a victim of a physical crime (15%)."

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