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The Economy Fuels Cyber Crime ECommerce Articles | May 14, 2009

According to the Internet Crime Complaint Center (IC3), cyber crime was up in 2008 Cheap College Baseball Jerseys , and if the first few months of 2009 is anything to go by, this trend is not only continuing, it is accelerating. As the country slides into recession, early indicators for 2009?February to March 2009?shows an additional 50% increase in reported Internet fraud complaints.



According to the Internet Crime Complaint Center (IC3), cyber crime was up in 2008 Cheap College Basketball Jerseys , and if the first few months of 2009 is anything to go by, this trend is not only continuing, it is accelerating.


As the country slides into recession, early indicators for 2009?February to March 2009?shows an additional 50% increase in reported Internet fraud complaints.


?These numbers are shocking, but given that the vast majority of incidents go unreported Cheap College Football Jerseys , the threat of identification theft is actually much more serious than even these figures would lead us to believe,? says Justin Yurek, President of ID Watchdog, Inc.? Common wisdom says that only one cyber crime in seven?or about fifteen percent?is actually reported.


Internet fraud includes everything from bogus sales on auction sites such as eBay and classified sites like craigslist, to smaller scale version of the Ponzi scheme perpetrated by disgraced New York financier Bernard Madoff.


As an example Cheap College Jerseys , a scam recently surfaced via e-mails that masquerade as originating from the FBI and other federal agencies seeking the recipient?s bank account information in order to ?help with illegal wire transfer investigations.? Sweet.


Many observers put the continued surge in cyber crime down to the recession, and for several reasons.


A Law Enforcement Perspective


Lt. Rocky Costa, who until recently headed up the Southern California High Technology Task Force agrees. ?In fact, law enforcement has always seen a rise in all sorts of theft crimes when the economy goes south. The crooks look to fraud as the best way to separate folks from their money. People are most vulnerable when money is tight and they are looking to save their homes, savings Cheap Jerseys From China , retirements, and often, their families.


?They become easy prey to the con-artist who has no sense of right and wrong, but knows how to capitalize on human weaknesses. You see the con artist makes a living studying people and their behaviors. They know their success rate will increase as the economy tumbles andor the recession climbs. Since a vast number of folks use technology daily, it is only natural to expect technology to be another weakness and another method for exploitation.
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?Historically Cheap Jerseys China , the number of street robberies goes up, along with shoplifting, and burglaries as the money becomes scarcer. Although we have not yet seen these increases at the lab, we fully expect them. However, with the current economy Cheap Jerseys , even government must begin to cut back. When they do, technology based. Dallas Goedert Jersey Bradley Chubb Jersey Amari Cooper Jersey Authentic Alex Smith Jersey Adam Thielen Youth Jersey Aaron Rodgers Youth Jersey Von Miller Youth Jersey Tom Brady Kids Jersey Todd Gurley II Rams Jersey T. J. Watt Steelers Jersey