Internet fraud in South Africa has decreased, says security specialists Symantec

By bne IntelliNews April 28, 2010
Internet fraud in South Africa has decreasedaccording to the recent Internet Security Threat Report for 2010 released bysecurity specialists Symantec. Credit card information is still the number onething traded in the so-called "underground economy" described as themarketplace for stolen information on the internet. This is followed by bankaccount information and email accounts. They are able to sell email accountinformation at between USD 1 and USD 20 per account but trade in credit cardinformation has dropped from 32% to 19% of what's on offer. Criminals are alsogetting paid slightly less for credit card information now, according to areport on Fin24.

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