TheNewsRoom | Symantec's cybercrime snapshot

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Symantec's cybercrime snapshot

November 24, 2008

Computer security software firm Symantec claims cybercrime is on the rise and is proving recession-proof. The company has been conducting a year-long study into what it calls the 'underground economy' and estimates the cost of online credit card fraud at 4.5 billion dollars (USD) per annum.