Computer crime more profitable than drug trafficking

A Europol report shows that cybercrime generates more money globally than the trade in cannabis, cocaine and heroin combined.

Cybercrime has overtaken drug trafficking in terms of profitability.
Cybercrime has overtaken drug trafficking in terms of profitability.

The European organization Europol reports in its report "Serious & Organized Threat Assessment 2013" that the global impact of cybercrime has reached a value of US$ 3 trillion. That is, it is now more profitable than the global trade in cannabis, cocaine and heroin combined.

The US company Tripwire has investigated how many companies around the world inform the public when they discover an incident. While companies in the USA are obliged to do so, in Europe it is still voluntary.

The startling result: 37% of the companies surveyed said they weren't even sure they would notice a data loss.

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