Cyber crimes cover the gamut of data theft, data leakage and the creation of targeted, malicious code to steal confidential information for financial gain.

Not only is cyber crime becoming all pervasive, stolen personal data is available at fairly low prices, ranging from $1-6 for credit cards with a card verification number while an identity, including a US bank account, credit card, date of birth and government issued identification number, being available for between $14-18.

There is another trend emerging, of cyber criminals joining hands to form cooperative networks. The report notes, “Cyber criminals continue to refine their attack methods in an attempt to remain undetected and to create global, cooperative networks to support the ongoing growth
of criminal activity.”

Symantec’s six monthly report, from July 1, 2006 to December 31, 2006 is based on data collected from more than 40,000 sensors deployed in over 180 countries. The multi-billion dollar security products and data storage company also reviews more than two million decoy accounts that attract e-mail messages from 20 countries, which allows it to gauge global spam and phishing activity.

Read full article on ECONOMICTIMES

TIMES NEWS NETWORK

[ FRIDAY, MAY 25, 2007 11:51:08 AM]

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Last update : 15-06-2007 07:30