Tuesday, November 29, 2005

Cybercrime more lucrative than drugs

I thought that the international drug trade was more than 105 billion.

Identity theft and the subsequent credit card fraud are way too easy to commit. Technology facilitated these sorts of crimes. Can new technology prevent these sorts of crimes? Is there are a market for this prevention? Or do credit card companies make enough money from commission and interest to subsidize a certain amount of fraud?

Which produces more trade: drugs or sex-related industries (porn, prostitution)?


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