CAPB Says, Cyber Crime Growing Rapidly in Canada

CAPB (Canadian Association of Police Boards) has discovered in its survey that cyber crime will become number one crime in Canada.

According to CAPB commissioned study findings, around 95% of surveyed felt that they were targeted by cyber criminals. Around 49% of respondents were reported to be victims of computer crimes including viruses, ID theft, and companies being hacked and held for ransom.

The reports also claimed that since 2001, the Internet based crimes has multiplied dramatically. According to the report, the hackers employ methods like phishing e-mails and other methods of social engineering, which, in turn, can be used to deceive financial institutions and retailers.

The reports also mentioned that hackers are of the view that it is easier to entice users into divulging their details rather than to steal it from them. For instance, phishing cheats the users into giving their sensitive data by appearing as mail come from a bank or credit card issuing organization.

Shockingly, the report also pointed out that several cases of hacking, phishing ID theft against leading enterprises and banks are not reported which is an indictment on the cyber security of the country.

In reply of these findings, The Canadian Bankers Association said that its members never feel hesitant about reporting phishing, hacking, ID theft and cyber related crimes to the police.

Maura Drew-Lytle, Spokeswoman of The Canadian Bankers Association said that unity is the only remedial to fight this menace. She added that banks and police have to cooperate with each other across the country, as reported by THE CANADIAN PRESS on May 29, 2008.

lan Wilms, Chairman, CAPB, claimed that one of the major problems is the shortage of skilled cyber crime investigators. Wilms said that there are just 200 trained officers working against cyber crime and that are not sufficient for 32 Million people, as reported by Business Edge on May 30, 2008.

Further, CAPB thinks that the issue of not reporting cyber crime is a serious enough that it has contacted the bankers association about making an anonymous reporting body.

Related article: Cop Accused of Using spyware to Stalk His Ex

» SPAMfighter News - 09-06-2008

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