23
Dec
08

FBI: Cybercrime Reaping in more than $1 Trillion

Several have asked me where these numbers come from.  Over the past three years growth has been exponential – numbers vary, but as long as sound references exist, we can use these numbers to substantiate business opportunities that lead to greater data security.  Here is a quick summary:

$67.2 Billion – The money section of USA Today, Thursday October 12, 2006 – according to FBI projections

$105 Billion – McAfee CEO, David DeWalt – September 17, 2007 iTnews report

$1 Trillion – “Now, the FBI reports that, for the first time ever, revenues from Cybercrime have exceeded drug trafficking as the most lucrative illegal global business, estimated at reaping in more than 1 Trillion annually in illegal profits.” – CRN 10/13/08… in an article entitled, The New Face of Cybercrime.  Read the entire article at http://www.crn.com/security/210800781

Advertisement

2 Responses to “FBI: Cybercrime Reaping in more than $1 Trillion”


  1. April 16, 2011 at 4:47 am

    $1 trillion? That is some real big money. I wonder how can a cyber crime cause this much loss globally!


Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s


Subscribe by Feeder

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 232 other followers

My Twitter Profile

Twitter Updates

Order Now!


Follow

Get every new post delivered to your Inbox.

Join 232 other followers