Impact of Cybercrime in Ireland

According to a report by Grant Thornton, cybercrime activities costs the economy of Ireland up to $822 Million (€600 Million) per year. The number of security data breaches reported in 2012 increased by 32 percent when compared to the previous year. Officials with the Data Protection Commissioner state that the number of data breaches reported… Continue reading Impact of Cybercrime in Ireland

White Collar Crime in Canada

36 percent of organizations in Canada reported in a survey that they were victims of white collar crime between 2012-2013. The percentage of companies reporting white collar crime was slightly up from the 32 percent rate in 2011, but was down from the 50 percent range in the mid-2000s. The survey, conducted by PwC, found… Continue reading White Collar Crime in Canada

Usernames and Passwords Posted on Pastebin

In 2013, over 300,000 usernames, passwords and online credentials were posted to the website Pastebin.com, according to Swiss security firm High-Tech Bridge. 311,095 pairs of username and passwords were posted on Pastebin in 2013. Based on the number of data leaks that were posted on the site, each leak had about 1,000 user credentials on… Continue reading Usernames and Passwords Posted on Pastebin

The Economy and Profit of Russian Hackers

In a report by NBC News, the annual turnover of cyber crime in Russia was estimated to be $2 Billion. The hackers based in Russia who contribute to this black market sell a wide range of computer viruses, malware, hacking tools and stolen credit card information on underground forums. An example of this market was… Continue reading The Economy and Profit of Russian Hackers

Industry with the Most Cyber Attacks and Data Breaches

In a study of all cyber attacks and data breaches that was officially reported in 2013, the Identity Theft Resource Center found that the health-care sector had the most attacks. Health care companies and organizations had 267 data breaches in 2013. These data breaches consists of patients identities being stolen or accessed by hackers. The… Continue reading Industry with the Most Cyber Attacks and Data Breaches

Number of Credit Cards Stolen Worldwide in 2013

According to the the Online Trust Alliance. over 740 million credit cards and similar accounts were exposed by hackers or other security breaches in 2013.  Cyber security experts believe that the number is on the low estimates, and that more credit cards could have been hacked yet not identified or publicly released. Included in this… Continue reading Number of Credit Cards Stolen Worldwide in 2013

Cyber Crime in the United Arab Emirates

According to data from computer security firm Symantec, the actual amount of money lost in the United Arab Emirates to cyber crimes and hacking was $209 Million (770 Million UAE Dirham). If the total costs of expenses, time lost and lost of productivity were included, then the total loss to cyber crime in the UAE… Continue reading Cyber Crime in the United Arab Emirates

Online Dating Scams Revenue in Ivory Coast

In an interview with the BBC, a cyber criminal based in the Ivory Coast stated that he can make up to $6767 to $16,237 (€5,000 to €12,000) on a good month targeting victims with online dating scams. (Illegal jobs and the money they earn.) The most profitable scams for the “brouters” (as cyber criminals are… Continue reading Online Dating Scams Revenue in Ivory Coast

Websites Selling Fake Goods who Advertised on Google

In 2013, over 350 million ads were taken down and removed by Google for promoting websites that sells counterfeit goods or were offering suspect downloads or other malicious activities. The number of ads taken down by Google in 2013 was an increase from the 220 million ads taken down in 2012. Back in 2012, the… Continue reading Websites Selling Fake Goods who Advertised on Google

Cyber Crime in Romania

The United States Embassy in Romania estimates that hackers in Romania steal $1 Billion a year by targeting computers located in the United States. Security investigators in the country state that 80 percent of all cyber attacks that originate in Romania target US citizens and businesses. One common scam that targets American users is the… Continue reading Cyber Crime in Romania