BRANDING CyberCrimeScene2

Published on September 27th, 2011 | by drkkr




It was bound to happen. Why should we be spared?

We are one of the most powerful software players in the world. Our retail activity (including buying) is said to be the third highest in the world.

And now, India’s cybercrime numbers? US$4 billion annually! That is Rs 18,000 crores.

Cyber crime leads to annual losses to the tune of around $ 4 billion or Rs 18,000 crore in direct financial losses. The toll goes further: an additional $3.6 billion or Rs 16,200 crore in resolving the crime. More than 30 million people are affected. Four in five Indian adults online have been a victim of cyber crime. Males between 18 and 31 years old are most likely to become victims of a cyber-attack on cell phones.

These stats come from Symantec Corp, the maker of Norton computer security software. Your friendly neighbourhood software chap can give you a fully functioning Norton antivirus pack for free, totall pirated. Just ask. But I am getting away from the point.

We’re not that high up, though. China, which has 450 million people directly connected to the net has clocked up around $25 billion. Brazil is at $15 billion.

The survey was conducted in 24 countries found that globally more than 430 million users have been affected during the past one year with cybercrime causing loss of $ 114 billion, surpassing global black market in marijuana, cocaine and heroin.

Adults beware. More than two third of online adults have been a victim of cybercrime in their lifetime. Every second 14 adults become a victim of cybercrime, resulting in more than one million cybercrime victims every day.

Gaurav Kanwal, Country Sales Manager for India and SAARC, Consumer Business Unit, Symantec points out:  “Over the past 12 months, three times as many adults surveyed have suffered from online crime versus offline crime, yet less than a third of respondents think they are more likely to become a victim of cybercrime than physical world crime in the next year.”

So you are breathing a sigh of relief? It may be a matter of time before you are part of this gruesome statistic. The study points out that even as 74 per cent Indian users are always aware of cybercrime, many are not taking the necessary precautions. As much as 41 per cent indicate that they don’t have an up to date security software suite to protect their personal information online and just about half of the respondents review credit card statements regularly for fraud and 61 per cent don’t use complex passwords or change them regularly. Globally, the most common – and most preventable – type of cyber crime is computer viruses and malware with 54 percent of respondents saying they have experienced it in their lifetime. Online scams and phishing messages are the second- and third-most-common online attacks (11 and 10 percent, respectively).

It is time we get to look at it lot more tactfully  !!!!!!!!!!!!

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3 Responses to ROBBED IN INDIA

  1. Varun says:

    To what extent being completely aware of these crime rates and adapting a cautious approach towards the cyber world, would help us to not to be victims any more???

    I’m asking because we’re already dependent over the cyber world and hackings & hackers are becoming stronger and stronger….

  2. Caitlin says:

    Wow! Those numbers are staggering. I wonder what the statistics for the US are. I know that I have dealt with malware and what not on my own computer. In fact, other than Mac users, I don’t know if I know anyone who hasn’t. As much as having some sort of antivirus software does definitely help, it seems that people have found a way to surpass the protective walls.

  3. Komal Davey says:

    I was aware of cyber crime but never tot in this huge numbers…

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