Explosion in Global Cyber Crime
Some might be surprised to hear that Brazil is home to the greatest number of cyber criminals. Like many other developing countries, Brazil is home to thousands of poor hackers looking to make a profit by skimming small transactions from bank accounts and sending phishing emails requesting credit card information. While billions of dollars are lost through cyber crime each year, some perpetrators argue that they steal from those who can afford it, and only in tiny amounts. One young Brazilian hacker named Fabio justifies his career, stating:
“I’m not trying to rob anyone who wakes up early in the morning and takes the bus, and has to get home and feed his kids, and doesn’t have money.”
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