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Exploring the science and magic of Identity and Access Management
Monday, October 7, 2024
 

Cyber crime has outgrown illegal drug sales

Identity
Author: Mark Dixon
Friday, December 30, 2005
2:15 am

According to a CNN news clip yesterday, “2005 saw the most computer security breaches ever, subjecting millions of Americans to potential identity fraud … The Treasury Department says that cyber crime has now outgrown illegal drug sales in annual proceeds, netting an estimated $105 billion in 2004.”

This underscores the need for strong, effective, Identity Management as part of the overall battle against cyber crime..

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