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What’s in your wallet…

Posted by: | October 20, 2014 | No Comment |

A morning glory, hold up, armed robbery and a passing of the note are all common ways that criminals rob people. Moreover it was the “traditional way” that criminals robbed people. That is until technology exploded and transactions as we know it of purchasing in brick-and-mortar are gearing more towards online shopping and even online banking.

Which brings us to our modern day crime… Cyber Crime

A recent study that came out has proved with statistical analysis that the new form of robbery is through the internet. “Cyber crooks leave traditional bank robbers in the dust.

According to the study cyber criminals have stollen more than $25 million in the 3rd quarter of 2009 alone. Whereas traditional stick-up artists hauled in slightly more than $9.4 million.

And costs of cyber crime for corporations have doubled in only 4 years. Beginning at $6 million and skyrocketing to $13 million.

The toughest pill to swallow about all this is that cyber criminals treat what they do as a business and a job. They work together to create strategic strategies and tools in order to coordinate attacks. 

It is very difficult to prevent cyber crooks from infiltrating what we do. On an everyday basis we are constantly laying out all our information on the web for our personal pleasures not knowing who is waiting and watching.

My advice…. ALWAYS know what’s in your wallet.

 

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under: Comm 455
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