WA PI# 2194                                                          Licensed & Insured                                                        CA PI# 18116

"International estimates indicate that cybercrime costs approximately $50 billion annually. More specifically, cybercrime costs the United States more than $5 billion per year. In England, cybercrime is estimated to cost approximately 250 million pounds or $417.7 million annually..."

"In fact, only about 10% of all cybercrimes committed are actually reported and fewer than 2% result in a conviction. This is primarily due to two reasons. First, businesses and financial institutions feel that they have more to lose by reporting computer security breaches. They argue that customers will lose confidence in the company if business and financial transactions are know to be insecure. Second, a majority of cybercrime victims do not report crimes against them, assuming that law enforcement will provide little or no assistance...." *

Newstrom & Associates can assist our clients in both Network Security and Computer Forensics.

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*"Cybercrime: Facts & Figures Concerning the Global Dilemma", an article by Chirs Hale appearing in Crime & Justice International, Vol. 18, no. 65, September 2002, pp. 5-6, 24-26.