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Cybercrime yields more cash than drug trafficking!


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Cybercrime yields more cash than drugs: expert

RIYADH (Reuters) - Global cybercrime generated a higher turnover than drug trafficking in 2004 and is set to grow even further with the wider use of technology in developing countries, a top expert said on Monday.

No country is immune from cybercrime, which includes corporate espionage, child pornography, stock manipulation, extortion and piracy, said Valerie McNiven, who advises the U.S. Treasury on cybercrime.

"Last year was the first year that proceeds from cybercrime were greater than proceeds from the sale of illegal drugs, and that was, I believe, over $105 billion," McNiven told Reuters.

"Cybercrime is moving at such a high speed that law enforcement cannot catch up with it."

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OH GOD now we will have a war on cyber crime..the goverment make billions a year on drugs...court cost, lawyer fees probation fees,jail bonds,and to top everything off. you have to pay them to stay in jail these days.! has anyone noticed? that a town revolves around a court house? the lawyer,judges,police, are the damn crooks..

oh ps..they will never win the war on drugs...!

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