January 4th, 2006
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.
Good is discussion on these factoids on Bruce Schneier’s blog…
Dan Farber, editor-in-chief of CNET News.com, has more than 20 years of experience as an editor and journalist covering technology. See his full profile and disclosure of his industry affiliations.
