http://www.cnbc.com/id/100959481
By: Holly Ellyatt
Assistant Producer
CNBC.com
13 Aug 2013
Combating cyber-crime will become an uphill struggle, with the tools
needed to commit technological crimes readily available to anyone armed
with a computer and a few dollars, experts told CNBC.
According to numbers collated by the Center for Strategic and
International Studies, the United Nations Office on Drugs and Crime and
antivirus firm Norton, cyber-crime is worth around $400 billion annually.
Cyber-crime can range from data mining and individual fraud, to industrial
and state-sponsored espionage. Worryingly, "cyber-crime as-a-service" is
also a growing phenomenon, where anyone can buy hacking or malware
software online.
"Now, everybody can be a hacker," Troels Oerting, head of the European
Cybercrime Centre, told CNBC on Tuesday. "You don't need to be tech-savvy
or to have a special education, you can simply just download a
program…With the increasing number of people on the internet – which is
set to reach 4 billion in a short amount of time – we will see much, much
more crime and it will be facilitated by these cybercrime-as-a-service
producers."
The cyber security market is worth around $60 billion a year and is
growing around 8 percent a year as more people try to combat cyber-crime.
However, Raj Samani, the chief technology officer of McAfee EMEA, agreed
with Oerting that the rapid evolution and commodification of cybercrime
meant that it still posed a great threat.
[...]
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