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Cybercrime more Profitable than Illicit Drug Sales? |
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Written by TParker
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Wednesday, 30 November 2005 |
 According to a cybercrime advisor for the U.S. Treasury Department (there is one?), the profits for global "cybercrime" exceeded the profits made from illegal drug sales last year. 
This is in dispute, of course, and sounds like a way for the feds to justify harsher penalties for cyber-criminals. (Can you say "illegal music downloads"?) While the advisor claims that the global sales of illegal drugs exceeds $105 billion, the U.N. stats put the figure at more like $322 billion. Waaay more than the Treasury Department esitimate.
Looks like the feds will say anything to justify sending hackers and downloaders to jail for a long stretch... what surpises me, though, is that they are trying to compare "cybercrime" with the rats who sell illegal drugs.
 Click here to read the article at arstechnica.com.
{moscomment}
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