Symantec claims losses from cybercrime exceed $100 billion
h-Online: According to Symantec’s 2012 Norton Cybercrime Report, worldwide, private individuals have suffered approximately $100 billion (more than £69 billion at the current exchange rate) in financial losses as a result of cybercrime. In the period from July 2011 to July 2012, losses averaged $197 (£124) per victim. A total of 556 million adults are reported to have fallen victim to malware, phishing or similar virtual crimes. The report claims that there are 1.5 million victims of cybercrime each day, or about 18 per second. The security specialist’s report also states that two-thirds of internet users have been caught out by cybercriminals at some point in their lives, and almost half (46%) were victims during the period covered by the report. The results reveal that many of those affected are victims of their own carelessness. Around 40% of people don’t use complex passwords or don’t change their passwords regularly. ...