China Loses $46.44 Billion To Cyber Crime In 2012

By  |  January 29, 2013
 | 

The People’s Public Security University of China has released a study reporting that China lost $46.44 billion to cyber crime in 2012, with an average of 700,000 people falling victims to attacks each day.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Security departments have supposedly looked into 118,000 2012 internet crime cases, many of which involve multiple victims, pyramid schemes, personal identity theft and defrauding, reports The Paypers.

    Read the full story here.

    Recommended

    Global Regulatory Changes Slow Apple’s Services Growth

    CFOs, enterprise AI, ROI

    Finance Teams Are Done Flying Blind on AI Costs

    Chime Financial

    Chime Cuts 10% of Workforce in AI Pivot

    OpenAI, Amazon, partnerships

    Amazon Completes $50 Billion Investment in OpenAI

    See More In: