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Cyber Cost the Saudis U$ 694 Million – JCCI News

News Source  : jeg.org.sa

The financial losses victims of electronic crimes in Saudi Arabia sustained amounted to U$ 694 million in 2011 and U$ 110 billion internationally, while the loss sustained by each victim during the same time was U$ 195 locally and U$ 197 across the world, according to a regional study.

The study added that internet users were subjected to piracy and identity theft reached %8 in the Saudi market and %10 internationally, including were %49 adult Saudis victims compared to %46 internationally. %40 of the Saudi users of social networking websites living in the Kingdom were victims compare to %39 in the world, while %52 of them aren’t aware of the damage malware can inflict on their computers compare to %40 worldwide.

Also %45 of Saudis don’t use passwords that are strong enough and rarely change their passwords compared to% 40 worldwide, while %29 of them received text messages from an unknown number and opened links or called numbers mentioned in those messages compare to %31 of worldwide Internet users. Saudis who were victims to electronic crimes via social networking website or mobile phones reached %20 compared to %21 worldwide

The study stated that world have to accept that today information technology is at the heart of any society and the range of possible motivation is much broader than crime focused on earning money or espionage.

News Source  : jeg.org.sa

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