Transnational Crime Groups Involvement in Cybercrime

A study by the London Metropolitan University found that transnational organized crime groups are responsible for 80 percent of all crime committed online.

In addition, the President of INTERPOL stated that Europe loses up to $977 Billion (750 Billion Euros) a year to cybercrime, and that the country of Israel deals with over 1,000 cyber attacks every minute.

Source:  Associated Press, “Global police network Interpol to make war on cyber criminals a priority,” Washington Post, May 8, 2012.