Cyber crime on the rise

Lisa Napoli Aug 8, 2006
HTML EMBED:
COPY

Cyber crime on the rise

Lisa Napoli Aug 8, 2006
HTML EMBED:
COPY

TEXT OF STORY

SCOTT JAGOW: Your chances of getting conned in cyberspace might be a lot higher than you think. A new study says online scam artists are getting smarter, and they’re getting more of people’s money. More now from Marketplace’s Lisa Napoli.


LISA NAPOLI: Consumer Reports third annual State of the Net survey found Web surfing can be expensive and dangerous

Technology editor Jeff Fox says cyber criminals have poached $8 billion from Americans over the past two years-in a variety of ways.

JEFF FOX: Viruses, spyware and phishing scams. Your odds of becoming a cyber victim are about 1 in 3.

Fox found so-called phishing scams are one of the most serious problems.

That’s where thieves trap you into giving out your online passwords and use them to take your money.

Median cost of the take? $850. That’s five times what it was just last year.

In Los Angeles, I’m Lisa Napoli for Marketplace.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.