$265 mln lost to Internet fraud in 2008
The Internet Crime Complaint Center said that it received more than 275,000 complaints in 2008, up from about 207,000 in 2007. The total reported dollar loss from such scams was $265 mln, or about $25 mln more than in 2007. Among those who filed complaints, men reported losing $1.69 for every dollar that women lost.
7.5% of Americans victims of financial fraud in 2008
Approximately 7.5% of US adults lost money as a result of some sort of financial fraud in 2008, in large part because of data breaches, according to Gartner. Payment card fraud (credit, debit and ATM card fraud) was the method most actively used by crooks to steal money, claiming 36% more victims in 2008 than […]
UK cybercrime up 9% in 2007
UK cybercrime rose by more than 9% in 2007, according to Garlick. 3.5 mln online crimes were committed in the UK in 2007. There was an 8% drop in online identity theft and sexual offences fell 2%.
29% of Internet users buy from spam emails
29% of Internet users have purchased goods from spam emails, according to Marshal. The most commonly purchased items include sexual enhancement pills, software, adult material and luxury items such as watches, jewellery and clothing. Botnets are networks comprised of thousands of infected personal computers, controlled remotely by criminals. They have enabled spammers to push down […]
74% of all e-mail in Q2 2008 was spam
In Q2 2008, 74% of all mail received was spam. In Q2 2008, Turkey became the country with most zombie computers (11% of the global total), followed by Brazil (8.4%) and Russia (7.4%). The USA, which in the Q1 2008 accounted for 5% of all zombies, is now in ninth place with just 4.3% of […]
$8.5 bln lost to viruses and spyware in 2006-2007
US consumers lost almost $8.5 bln over the last two years to viruses, spyware, and phishing schemes. Consumer Reports estimates that American consumers have replaced about 2.1 mln computers over the past two years because of online threats. Consumers have 1 in 6 chance of becoming a cybervictim, down from 1 in 4 in 2007. […]
32% of North American SMBs have been hit by cybercrime numerous times
32% of small and medium businesses in the United States and Canada have been attacked more than four times by cybercriminals in the last three years, MCAfee said. 26% of those attacked took at least a week to recover, a devastating length of time to be offline for small businesses who conduct business and sales […]
51% of Americans write down their online passwords
88% of people interviewed in the US and the UK by Accenture said personal irresponsibility is the key cause of identity theft and fraud. 70% of respondents in the UK said they don’t write down their passwords, versus 49% in the US.
66% of cellphone users worry about sharing personal data
Anxiety about sharing personal data is the biggest barrier to consumer acceptance of mobile banking and commerce (66%), according to Harris Interactive. Additional barriers to adoption: more exposure to fraud and financial scams (63% expressed concern); worry about losing a device containing valuable information (61%); concern about costs (58%); usability (43%), reliability (37%), and speed […]
800k identity theft cases in 2007, 23% of them involve credit cards
FTC logged about 800,000 consumer complaints about identity theft during 2007, of which 32% involved identity theft and 68% covered other types of fraud. Of the identity theft cases, only 23% involved a credit card account, and cases of unauthorized new accounts outnumbered misuse of existing accounts by two to one. Other categories involved using […]
1.4% of online revenues lost to fraud in 2007
The share of online revenue lost to fraud in 2007 held steady with 2006 at 1.4%, but as e-commerce grows, the total dollar loss from online payment fraud is growing at the rate of about 20% a year and is estimated at $3.6 bln in 2007, up from $3.1 bln in 2006, according to CyberSource.
Top malware countries: Russia, China, US, Brazil, UK
Russia now occupies number one spot on Sophos malware ranking list with 27.4% of malware, slightly ahead of China on 27%. Both leave the US trailing in third with 10.1%, Brazil on 6.6%, and the UK with 5.32%.
Identity theft down 12% in 2007
Overall identity fraud is declining in the United States: down by an estimated 12% over 2006, which represents a total fraud reduction of $6 bln. Fraudsters are turning to lower-tech methods by utilizing telephone theft more than ever before, Javelin Research says. Access through mail and telephone transactions grew from 3% of ID theft in […]
5.49 mln unique samples of malicious software in 2007
AV Test reported that it saw 5.49 mln unique samples of malicious software in 2007, 5x more than the 972,606 it saw in 2006.
57% of Americans still very concerned with credit card safety online
61% of adult Americans said they were very or extremely concerned about the privacy of personal information when buying online, an increase from 47% in 2006, University of Southern California’s Center for the Digital Future says. Concerns about credit card security have largely stabilized, with 57% very or extremely concerned in 2007. It was 53% […]
66% of Americans believe their identity can be stolen while shopping online
57% of U.S. adults are concerned about being a victim of identity theft during the holiday season, and 66% believe they are more at risk when making purchases online, according to National Association of Insurance Commissioners. 32% of consumers were victims or knew someone who had been a victim of identity theft in the past […]
$3.2 bln lost to phishing in 2007
Phishing attacks in the United States soared in 2007 as $3.2 bln was lost to these attacks, according to Gartner. 3.6 mln adults lost money in phishing attacks in the 12 months ending in August 2007, as compared with the 2.3 mln who did so the year before. Of consumers who received phishing e-mails in […]
$3 bln lost to phishing in 2007
More than $3 bln was lost due to phishing attacks in 2007, according to Gartner. Between August 2006 and August 2007, 3.6 mln adults lost $3.2 bln due to phishing attacks. About 2.3 mln people were hit with phishing attacks in 2006.
8.3 mln Americans had their identities stolen
4% of American adults were victims of identity theft in 2005, but half of them did not incur any out-of-pocket expenses, FTC said. Identity information was stolen from 8.3 mln US adults and most commonly used to access or open accounts for credit cards, bank checking, telephone service, e-mail, and medical insurance.
63% of malware is distributed through US sites
US-based Web surfers are more at risk to malware attacks and online identity theft schemes than citizens from other countries, with more than 63% of malware distributed on US-based Web sites. In addition more than 2 mln URLs world-wide distributed malicious downloads to site visitors. Cyveillance also determined that despite the rate of traditional phishing […]
77% of consumers will not shop at stores with data breaches
77% of consumers intend to stop shopping at merchants that suffer from data breaches, Javelin Strategy & Research says. Retailers and merchants are viewed by 63% of consumers as the least secure when protecting consumer?s data, compared with processors (16%), card networks like Visa or MasterCard (5%) and issuers (5%). When little is known about […]
3.7% of Americans were victims of identity fraud in 2006
Approximately 500,000 fewer adults in the United States fell victim to identity fraud in 2006 than in 2005. Of America’s overall adult population, 3.7% were victims, as compared to 4.0% in 2005. This demonstrates a continued year-over-year decrease since data was first collected in 2003 when 4.7% of the adult population was victimized. In terms […]
Top consumer complaints to FTC in 2006: identity theft, shop-at-home catalogues, lottery winnings
For the seventh year in a row, identity theft tops the list, accounting for 36 percent of the 674,354 complaints received between January 1 and December 31, 2006. Top complaints to FTC in 2006 Top Categories Complaints % Identity Theft 246,035 36% Shop-at-HomeCatalog Sales 46,995 7% Prizes/Sweepstakes and Lotteries 45,587 7% Internet Services and Computer […]
$49.3 bln lost to identity fraud in 2006, 11.5% decline
Americans lost about $49.3 bln in 2006 to criminals who stole their identities, an 11.5% decline from $55.7 bln in 2005, Javelin Strategy & Research reported. The average identity theft fraud fell 9% to $5,720 from $6,278.
3.5 mln Americans to disclose information to phishers in 2006
The average loss per phishing attack was $1,244 in 2006, up from $256 in 2005. Gartner estimates that the total financial losses attributable to phishing will total $2.8 bln in 2006. In 2005, 80% of victims got their money back. In 2006 that number dropped to 54%. Gartner estimates that 3.5 mln Americans will give […]
157k phishing messages sent out in the first half of 2006
Over 157,000 unique phishing messages were sent out around the world in the first half of 2006, an increase of 81% compared to the second half of 2005, Symantec said.
30% of US consumers were victims of data breach
30% of consumers were victims of a data breach during the last 12 months. Less than 1% of those whose data was lost were actually victims of identity fraud. Data breaches were responsible for only 6% of all known cases of identity fraud in both new and existing accounts, Javelyn Research says.
154 brands hijacked by phishers in July 2006
The Anti-Phishing Working Group (APWG) reported that the number of brands hijacked by phishers in July 2006 leapt to a record high of 154, up 20% from June 2006 and more than 12% from the previous high. The APWG’s July report showed a drop in the number of reported phishing campaigns from 28,571 to 23,670, […]
1,802 cybercrimes in Japan in January-June 2006
Japan reported 1,802 cyber crime cases in the first half of 2006, an 11.8% jump compared to the first half of 2005, the National Police Agency said.
40% Americans think that identity theft is most likely to happen to Internet users
Identity Theft Resource Center and Fellowes, Inc. found that 81% of Americans are aware that identity theft can happen at any time and 65% are using tools to protect themselves. Consistent misperceptions about identity theft crimes and victims cause 50% of Americans to feel vulnerable. The biggest misperception is that Americans believe technology makes them […]
9% of students respond to e-mails asking for information
In CompUSA TechInsights survey of college students nationwide, nearly 88% of respondents said they keep personal files on their computers. 41%% of the students surveyed weren’t sure or didn’t know what phishing was. 9% admitted they had responded to e-mails asking for information, such as bank account numbers and passwords. 21% of respondents confessed they […]
4% of US college graduates click on suspicious links within emails
Harris Interactive and Wall Street Journal asked Americans regarding their actions when they receive a suspicious e-mail from their bank or financial institution. What do you do when you receive a suspicious email from a financial institution? Education Total High School Some College College Grad Delete it 52 47 48 60 Report it or confirm […]
Amount lost to identity theft is usually $1,089
Mean amount lost to identity theft is $1,089, Harris Interactive reports. Money lost to identity theft Amount lost % $1 – $100 17 $101 – $250 9 $251 – $500 15 $501 – $1,000 9 $1,001 – $2,000 5 $2,001+ 6 Mean amount $1,089 Source: Harris Interactive
16% of Americans have seen their credit card used without their permission
Harris Interactive asked Americans about facing identity theft in their past. How Americans suffered from identity theft Income Total <$35K <$49.9K <$74.9K $75K+ My credit card or debit card was used by someone I don’t know without my permission. 16% 12% 17% 14% 22% My identity was used to open a phone, […]
72% of Americans shred any mail that has account numbers
Harris Interactive and Wall Street Journal surveyed Americans on which steps they have taken to prevent identity theft. Steps taken to prevent identity theft Income Total <$35K <$49.9K <$74.9K $75K+ Watch for suspicious activity on accounts 73 64 79 80 78 Shred mail that has my account numbers 72 62 74 77 […]
Top credit card issuers by fraud prevention capabilities: Citibank, Amex, BofA
Javelin ranked leading credit card issuers on their online, identity fraud prevention, detection and resolution capabilities. Citibank American Express Bank of America Discover Bank FNB of Omaha HSBC JP Morgan Chase Wells Fargo Bank
Identity theft is a $6.4 bln problem
According to US Department of Justice, identity theft is costing an estimated $6.4 bln per year. About 3% of all households in the US, totaling an estimated 3.6 mln families, were hit by some sort of ID theft during the first six months of 2004.
46.5% of Americans suffered from white collar crime in 2005
46.5% of Americans surveyed by National White Collar Crime Center experienced white collar crime victimization within 2005, and 62.5% reported having personally experienced these crimes at some point during their lifetime. 130 mln Americans, aged 18 and over, have been victimized.
57% of US businesses are losing money to cybercrime
57% of the US businesses said they are losing more money through cybercrime by way of lost income, the loss of current and potential customers, and decreased employee productivity than from conventional crime. 75% of US IT executives surveyed said some of the threat to their corporate security came from inside their own organisations, while […]
7.92 mln phishing e-mails sent daily
In the second half of 2005, phishing attempts made up one in every 119 processed e-mail messages, according to Symantec. This translates into an average 7.92 mln phishing attempts per day, up from 5.70 mln in the first half of 2005.
Cybercrime up 52% in Japan in 2005
The number of people in Japan arrested for fraud and other crimes linked to the Internet jumped almost 52% in 2005 to a record 3,161, National Police Agency says.
Number of phishing Web sites up 65% in December 2005
The number of phishing Web sites grew by about 65% in December 2005. The Anti-Phishing Working Group reported that although the number of phishing emails fell between November 2005 and December 2005, the number of fraudulent Web sites increased from 4,630 to 7,197, which is a new record.
41% of consumers are purchasing less online due to identity theft issues
According to Conference Board survey, 41% are purchasing less online than in 2004, since in 2005 identity theft cost consumers $680 bln.
Data on roughly 53 mln Americans was compromised in 2005
In 2005, there were 130 major data breeches that exposed the identities of about 53 mln Americans to possible theft, Dow Jones reports.
30% of US identity fraud is new account fraud
Javelin data indicates that 87% of consumers monitor their credit reports only once a year or less. Although new account fraud represents only 30% of the $52.6 bln in US annual identity fraud, it remains a primary concern since it is more difficult for consumers to detect and results in higher average per case losses. […]
Average identity fraud cost $6,383 in 2005
Identity theft cost US consumers 4% more in 2005 than the $54.4 bln it cost in 2004. The average fraud rose to $6,383 from $5,885. The number of adult Americans who learned that criminals had stolen personal data and used it to commit fraud fell to 8.9 mln, or 4%, from 9.3 mln in 2004 […]
43% of Internet users change their online behavior due to identity theft fears
75% of respondents to Opinion Research survey are taking measures to protect their data and personal information when they are online because they are afraid of identity theft (43%), loss of money (24%) and harm to how well they score with US credit agencies (13%). 70% of respondents will only use Internet shopping sites that […]
685K identity theft complaints filed in 2005
Some 685,000 consumer complaints on identity theft were filed with FTC in 2005, with victims reporting losses of $680 mln. In 2005, 49 consumers reported losing $1 mln or more during 2005, the FTC said, compared with 42 in 2004. Nearly 14,000 victims said they’d lost over $5,000 to a con artist, a steep jump […]
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