Which industry made $114 billion in the past 12 months? Cybercrime did.
According to Norton’s Cybercrime 2011 report, criminals stole US$114b worth of money using the internet. This is a serious problem. Think about where all that money came from? Who do you know that had stolen from their bank account, credit card, or other cases of fraud?
Here’s a breakdown the US$114b:
- USA: $32b (74 million victims)
- China: $25b
- Brazil: $15b
- India: $4b
These figures are calculated from survey results, so they’re not completely accurate but they do give a very good indication of the problem. The report also estimated that more than 1 million people lose money to cybercrime every day. That’s a lot of people!