rohitm918 - Slashdot User

Comment Re:outliers? (Score 1) 69

by rohitm918 on Thursday June 09, 2011 @04:41PM (#36393302) Attached to: What Cybercrime Stats Have In Common With Sexual Braggadocio

Secondly: The over-reporters aren't outliers.

You don't know that. The fact that soemone says he lost $1000 doesn't mean that he did. The paper actually opens with several examples of over-reporters who's data was shown to be incorrect.

Submission + - Phishing is a minimum wage job

Submitted by

rohitm918

on Tuesday January 06, 2009 @01:19PM

rohitm918 writes: "Study by Microsoft concludes that phishers make very little: "low-skill jobs pay like low-skill jobs, whether the activity is legal or not."
They also find that the Gartner numbers that everyone quotes ($3.2bn/year etc) are rubbish.

"Even though it harvests 'free money,' phishing generates total revenue equal
to the total costs incurred by the actors. Each participant earns, on average, only as much as
he would have made in the opportunities he gave up elsewhere. As the total phishing effort increases the
total phishing revenue declines: the harder individual phishers try the worse their collective situation gets.
As a consequence, increasing effort is a sign of failure rather than success."

http://research.microsoft.com/en-us/um/people/cormac/Papers/PhishingAsTragedy.pdf"

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