Cybercrime costs rival those of illegal drug trafficking

07.09.2011

Tracking in all 24 countries, the company found that 1 million people per day became victims of cybercrime. The more time individuals spend online, the more likely they were to be hit. Of those spending 49 hours online per week, 79% were victims, while the number was 64% for those who spent 24 hours or less online.

Millennials (75%) are more likely than Baby Boomers (61%) to be victims, and adults in emerging markets (80%) are hit at a higher rate than those in mature markets (64%), the study says.

Those numbers are three times higher than the number of victims of physical crimes. Nevertheless, Norton notes that 70% of those surveyed thought they would be safer online than in the real world over the next 12 months.

Some of the problem is preventable, Norton says, noting that 41% of adults don't have updated suites on their computers.

in Network World's Wide Area Network section.