One in five victims of cybercrime
New research has found that one in five online consumers in the US have been victims of cybercrime in the last two years.
RSA, the security division of EMC have released their Quarterly Security Statistics Review concerning identity theft online, phishing and malware, data breaches and data loss.
The review found that 23 percent of people worldwide will fall for spear phishing attacks, while web pages are infected on average every 4.5 seconds.
In Australia, cybercrime costs businesses more than $600 million a year, while in the US, one in five online consumers have been victims of cybercrime in the last two years, equating to $8 billion.
The review also found that consumers are increasingly concerned about their safety online. The Identity Theft Resource Centre, 2009 Consumer Awareness Survey in the US found that 85 percent of respondents expressed concern about the safety of sending information over the Internet, while 59 percent expressed a need for improvement in the protection of the data they submit over websites.
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In my recent article, I talk about the fact that online credit card theft often results in 600 hours of work on the victim’s part to fix the damage. Amazing isn’t it? What could you have done in those 600 hours?
AM interested in this paper