Cybercrime Revenue in Mexico

in Business Risk, Transnational Crime

According to security agents in Mexico, hackers, extortionists and other cyber criminals generated $3 Billion in revenue from various forms of cybercrimes in Mexico in 2013.

Criminal justice programs in the country handled 23,543 cases of cybercrime in 2013.

The director of the Scientific Police Division in Mexico stated that when hackers take over a computer system, they force the computer owner to pay an extortion fee in order to relinquish control of the computer. On average, the extortion fee ranges between $2,000 to $3,000 and is paid through electronic means to a bank account.

(More internet crimes and hacking services online.)

Source:  “Mexico: Computer hacking becoming form of extortion,” Infosurhoy, April 11, 2014.

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