X
Business

Cybercrime outgrows drug trade?

From CNN/Money:The Treasury Department says that cyber crime has now outgrown illegal drug sales in annual proceeds, netting an estimated $105 billion in 2004, the report said. At the same time, the Department of Homeland Security's 2005 research budget for cybersecurity programs was cut 7% to $16 million.
Written by Dan Farber, Inactive

From CNN/Money:

The Treasury Department says that cyber crime has now outgrown illegal drug sales in annual proceeds, netting an estimated $105 billion in 2004, the report said.

At the same time, the Department of Homeland Security's 2005 research budget for cybersecurity programs was cut 7% to $16 million. 

Good is discussion on these factoids on Bruce Schneier's blog...

Editorial standards