Symantec says cybercrime cost consumers $110 billion last year

By Shawn Knight
Sep 6, 2012
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  1. New research shows more than 71 million Americans became victims of cybercrime over the past 12 months. Symantec's 2012 Cybercrime Report further highlights the fact that US consumers lost nearly $21 billion as a result of malware, viruses, hacking, scams,...

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  2. Raswan

    Raswan TS Enthusiast Posts: 279

    Let's play a game where we list the top ten reasons a company would fund a study that ended up returning massive losses to US consumers because of cyber crime...
  3. LinkedKube

    LinkedKube TechSpot Project Baby Posts: 3,481   +44

    I think that number is extremely conservative. Press announcement for a company that's struggling. GG symantec, GG.....
  4. DanUK

    DanUK TS Booster Posts: 211   +9

    We all know this is a big problem but some of those numbers seem REALLY high. I guess it depends what you consider a "victim".
  5. avoidz

    avoidz TS Guru Posts: 456   +54

    Hmm, sounds like a compelling reason to bring in more warrantless survelliance and give up even more of our freedoms and privacy to me...
  6. Zoltan Head

    Zoltan Head TS Booster Posts: 247   +27

    Good idea, I'll second that! ;)
  7. Mark Fuller

    Mark Fuller TS Booster Posts: 126

    Just goes to show you that newer technology needs to be developed to combat cybercrime.
  8. Tygerstrike

    Tygerstrike TS Enthusiast Posts: 827   +93

    How much of that crime that is reported is actual crimes and not user errors? I.E. Grandma and Grampa not being as internet savvy as others clicks a link in a email. Or Mom and Dad try and buy something online and end up with identity theft. How much of that reported is actual active criminal activity.

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