Cybercrime robs $67.2 billion a year
Date: October 12, 2006Source: USA Today
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Criminals covet your identity data like never before. What's more, they've perfected more ways to access your bank accounts, grab your Social Security number and manipulate your identity than you can imagine.
Want proof? Just visit any of a dozen or so thriving cybercrime forums, websites that mirror the services of Amazon.com and the efficiencies of eBay. Criminal buyers and sellers convene at these virtual emporiums to wheel and deal in all things related to cyberattacks — and in the fruit of cyberintrusions: pilfered credit and debit card numbers, hijacked bank accounts and stolen personal data.
The cybercrime forums gird a criminal economy that robs U.S. businesses of $67.2 billion a year, according to an FBI projection. Over the past two years, U.S. consumers lost more than $8 billion to viruses, spyware and online fraud schemes, Consumer Reports says.
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