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Boom time for cybercrime: the economy and online social networks are the latest fodder for scams.(COVER STORY)

Consumer Reports

| June 01, 2009 | COPYRIGHT 2009 Consumers Union of the United States, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ONE IN FIVE online consumers were victims of a cybercrime in the past two years, according to the latest CONSUMER REPORTS State of the Net survey. That means there's a strong possibility that your money will be added to the $8 billion we estimate cybercrime cost consumers or that your computer will join the 1.2 million others that we figure were replaced because of software infections during that time.

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The overall rate of cybercrime hasn't declined much over the five years we've tracked it. Crooks continue to take advantage of new technologies. And consumers, corporations, and the government haven't done all they could for ...

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