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Spam, DDoS & Phishing rocket as organised crime takes hold

news alert

London, UK - 30 July 2004, 16:00 GMT - The total amount of spam distributed across the globe has touched nearly three trillion messages in 2004 as it sits at 2,981 billion worldwide to date according to the latest data available from the mi2g Intelligence Unit, the world leader in digital risk. The global economic damage from spam in 2004 to date is estimated to lie between $107bn and $131bn. The economic damage from spam is projected to cross $200bn worldwide for the whole year. The total amount of spam in 2003 was around 1.6 trillion messages. The high rise in the volume of spam in 2004 is attributed to malware proliferation and the use of hijacked computers as file servers, proxies for criminal activities and mail relays.

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