Technology news and Jobs arrow Listed Techs arrow Global financial crisis pushing software developers into a life of cybercrime
Global financial crisis pushing software developers into a life of cybercrime E-mail
by Ian Grayson   
Monday, 08 December 2008
The growing cost and extent of cybercrime was highlighted in a global report recently released by security company Symantec.

The Report on the Underground Economy painted a picture of a worldwide market for stolen goods and fraud-related services that is rapidly growing in both size and sophistication.

My Articles Ian Grayson
According to the report, which is based on data derived from Symantec’s Security Technology and Response organisation, credit card and financial account details were the most popular for-sale items.

The report found credit card details were being offered for between 10 cents and $25 per card while stolen bank account details went for between $10 and $1000 each.

“As these individuals and groups continue to devise new tools and techniques to defraud legitimate users around the globe, protection and mitigation against such attacks must become an international priority,” says Symantec vice president Stephen Trilling.

 

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