Cybercrime Victims Blame Themselves

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By Douglas A. McIntyre Published
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Seventy-three percent of American have been victims of cybercrime which includes computer viruses, online credit card fraud and identity theft. Oddly enough, 54% of those victimized believe that they should have been more careful–a sign that they blame themselves more than predators. The psychology of that is hard to understand. Perhaps it is a form of survivor’s guilt. Some people who get viruses on their computers must junk them altogether. Others can get the problems fixed at some cost and effort, but at least they can keep their machines to run another day.

“The Norton Cybercrime Report: The Human Impact” commissioned by Symantec (NASDAQ: SYMC) showed that “victims’ strongest reactions are feeling angry (58 percent), annoyed (51 percent) and cheated (40 percent).” More than 7,000 people were surveyed, which means that many people don’t care if they have been victimized.

“Despite the emotional burden, the universal threat, and incidents of cybercrime, people still aren’t changing their behaviors – with only half (51 percent) of adults saying they would change their behavior if they became a victim,” the poll reports. That shows that many  people who have been harmed do not care enough to alter the way that they use the internet.

The report also says that “Solving cybercrime can be highly frustrating: According to the report, it takes an average of 28 days to resolve a cybercrime, and the average cost to resolve that crime is $334. Twenty-eight percent of respondents said the biggest hassle they faced when dealing with cybercrime was the time it took to solve.”

The data is nearly impossible to believe. It concludes that many people are simply willing to let the matter go when they have been the target of an attack  while online. Perhaps these people believe that security problems go with the territory of working and playing online. If that is true, Norton’s business, which is to sell virus prevention and security software, does not have much growth potential.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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