Credit crunch increases cybercrime

The credit crunch has a lot to answer for, what with property prices, the collapse of the banking industry and the increased possibility of job losses, but it is the latter that would seem to be fuelling an increase in cybercrime.

Now it looks as if the cybercriminals are looking to cash in on the bad luck that some people are having, by offering jobs that seem too good to be true and other get rich quick schemes that are designed to gather information in order to steal identities.

The cybercriminals are mainly based in China and Russia, which makes it hard to stop and even harder to catch them.

The data comes from McAfee, who believe that it is time that governments did something about this matter, as this too could be a threat to the global economy.