Interpol President: "80% of Internet Crime Is Organized International Gangs."



Fresh from Yahoo News by Steve Weizman: "Interpol president Khoo Boon Hui said on Tuesday that organised international gangs are behind most internet scams and that cyber crime's estimated cost is more than that of cocaine, heroin and marijuana trafficking put together.



"Speaking to delegates at the opening of the France-based international police agency's European Regional Conference in Tel Aviv, Khoo quoted a study by London's Metropolitan University indicating that "80 percent of crime committed online is now connected to organised gangs operating across borders."



"Criminal gangs now find that transnational and cyber crime are far more rewarding and profitable than other, riskier forms of making money," he said. Full Article here:



Of course I have been saying this in my book Cyberheist that came out last year, explaining about the criminal ecosystem and supply chain. Learn more here:






Topics: Cybercrime



Subscribe to Our Blog


Comprehensive Anti-Phishing Guide




Get the latest about social engineering

Subscribe to CyberheistNews