14 Sep '11, 4am

Cybercrime cost Singapore $1.1 billion in 2010, with more than 1.2 million people falling prey to it: Survey

Cybercrime cost Singapore $1.1 billion in 2010, with more than 1.2 million people falling prey to it: Survey

More than 1.2 million people fell prey to cybercrime in 2010, a recent survey has revealed. -- ST PHOTO: MULIGAN RAJASEGERAN By Irene Tham More than 1.2 million people in Singapore fell prey to cybercrime in 2010, a recent survey has revealed. They were tricked into losing $247.6 million. In addition, some $855.6 million was lost due to the time spent in resolving such crimes, said security firm Symantec, citing a survey it conducted from February to March this year. Symantec polled 19,600 people in 24 countries, including Singapore. The total damage last year works out to $1.1 billion. Globally, losses due to cybercrime amounted to US$388 billion (S$484.6 billion), more than the global black market trading marijuana, cocaine and heroin. Most of the cybercrimes in Singapore last year were caused by computer viruses, which made users' computers vulnerable to remote spying. ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

Tweets

1 in 5 people fell victim to cybercrime last ye...

todayonline.com 14 Sep '11, 3am

SINGAPORE - In Singapore, a whopping one-fifth of the population fell prey to cyber crime, last year, an inaugural study b...

PetroChina to boost biofuel production by 1.1 m...

green.autoblog.com 13 Sep '11, 1pm

world's third most valuable company as of the second quarter of 2011, says it will add 1.1 million tons of biofuel product...

World population to hit 7 billion

World population to hit 7 billion

channelnewsasia.com 14 Sep '11, 1am

WASHINGTON: The world's population will surge to seven billion next month and the challenge is not a lack of living space ...

Believe it or not ... drivers in Singapore are ...

todayonline.com 14 Sep '11, 4am

The cause of these driving habits is caused by the government squeezing 5 million people into 600km2. Everywhere is crowde...

UBS discovers $2 billion loss in unauthorized t...

(CNN) -- Swiss banking giant UBS discovered that unauthorized trading has cost it an estimated $2 billion, it announced Th...

As the world's population reaches 7 billion, the biggest challenge is not living space but how to empower women: UN

As the world's population reaches 7 billion, th...

straitstimes.com 14 Sep '11, 4am

The world's population will surge to seven billion next month and the challenge is not a lack of living space but how to e...

Survey shows drivers in Singapore are irrespons...

channelnewsasia.com 14 Sep '11, 3am

SINGAPORE: A road safety survey released on Wednesday by insurance company, AXA, pins this irresponsible driving behaviour...

Making every mum’s baby her business

Making every mum’s baby her business

sgentrepreneurs.com 13 Sep '11, 3am

Making every mum’s baby her business September 13, 2011 by Terence LEE Having a baby can be a major strain on parents both...