With New Social and Mobile Avenues, Cybercrime Runs Up a US$110 Billion Global Tab

Cybercrime’s got a pretty hefty price tag. According to the 2012 Norton Cybercrime Report, it runs up a cost of US$110 billion globally each year.

The report is based on a study performed in 24 countries – three in Latin America – and including 13,000 adults ages 18-64. It delves into the scale of cybercrime today, consumers’ understanding of the issue, and the ways new social and mobile avenues have changed the game.