Cyberfraud Trends

Cyberfraud and cybertheft tend to be underdetected and underpunished in most countries, including Australia, but it is estimated the amount being stolen from corporations worldwide at present totals approximately $4.9 trillion a year – or close to five percent of global gross domestic product (GDP). Australia’s GDP in 2015 was $1.62 trillion. Most fraud and financial crime today is conducted over the Internet, which … [Read more...]