Re: Cybercrime as destructive as credit crisis

[Valdis.Kletnieks () vt edu]

On Thu, 20 Nov 2008 05:26:22 MST, Bruce Ediger said:
> On Thu, 20 Nov 2008, Juha-Matti Laurio wrote:
>
> > Damage caused by cybercrime is estimated at $100 billion annually, said
> > Kilian Strauss, of the Organization for Security and Cooperation in Europe
> > (OSCE).
>
> Just the other day, I read that something like 60% of all "cybercrime"
> investigations was for child pornography. How on earth can $60 billion
> annually be devoted to child pornography?

60% of the *investigations* doesn't mean 60% of the *crime*.

All it takes is for the LE agency to pursue several child porn rings that
made $10K each, and ignore several male enhancement scams that make $10M each...

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