Wednesday, 7 January 2004
Cybercrime underreported in Australia
From the "understandable but regrettable" department. A study [pdf] by the Victorian Parliamentary Drugs and Crime Prevention Committee found that individuals and companies were reluctant to report cybercrimes and fraud. Being taken advantage of can be embarrassing, and businesses fear losing revenue after being perceived by the public as insecure or incompetent. These reasons are understandable (and occasionally rational); but, from a social-welfare perspective, I would like to see this trend reverse.