2003 breaks digital risk records
Global criminal syndicates and extremism rising

news alert

London, UK - 1 January 2004, 21:00 GMT - 2003 has concluded with the breach of several major digital risk records according to the mi2g Intelligence Unit, the world leader in digital risk. The year gone has seen a meteoric rise in electronic crime: business interruption, financial fraud, "phishing" scams, extortion demands post distributed denial of service attacks, espionage and mass spam campaigns. Both global criminal syndicate and extremist group activity has risen by several hundred percent, often in new spheres. The most frequent victims of electronic crime in 2003 have been the vulnerable home users and small to medium size businesses as the 'always on' broadband connections have proliferated across the world. However, large household names including many high-street banks have not been spared by elaborate scams involving the set up of pseudo look-alike sites that dupe unsuspecting customers into surrendering their log-in details.


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