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January 27, 2003

NY Times: Crime Is Soaring in Cyberspace

My spin: FYI...read it and cry, then gird up yourself so you won't be a victim!

YBERCRIME, long a painful side effect of the innovations of Internet technology, is reaching new dimensions, security experts say. Spurred by a tightening economy, the increasing riches flowing through cyberspace and the relative ease of such crimes, technically skilled thieves and rank-and-file employees are stealing millions if not billions of dollars a year from businesses in the United States and abroad, according to consultants who track cybercrime.(full story)

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