AT&T s chief security officer, Edward Amoroso, warned that the cost of cyber crime is running into trillions of dollars [vnunet.com] Revenues from cyber crime now exceed those of drugs crime, and are worth some $1tn (..700bn) annually. The report [PDF from senate.gov] also warned that techniques are rapidly evolving. Earlier this month a panel of security experts told a US Senate Commerce Committee that revenues from cyber. crime now exceeds those of. drugs crime.
Source: https://threatpost.com/cybercrime-profits-running-trillions-dollars-033009/72452/