Phishing losses not so large

By

The dollar value of phishing-related fraud losses are far less than commonly cited, according research firm the TowerGroup. The firm estimated the losses attributable to phishing to total $137 million in 2004. Others have pegged the U.S. consumer loss at around $500 million.


www.towergroup.com

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:

Most Read Articles

Qantas facing 'significant' data theft after cyber attack

Qantas facing 'significant' data theft after cyber attack

Home Affairs officer accessed data on "friends and associates"

Home Affairs officer accessed data on "friends and associates"

International Criminal Court hit by cyber attack

International Criminal Court hit by cyber attack

Ex-student charged over Western Sydney University cyberattacks

Ex-student charged over Western Sydney University cyberattacks

Log In

  |  Forgot your password?