samzenpus from the online-boogeyman dept.
retroworks writes "Dinei Florencio and Cormac Herley write that cybercrime depleted gullible and unprotected users, producing diminishing returns (over-phishing). They argue that the statistics on the extent of losses from cybercrime are flawed because there is never an under-estimation reported. Do they underestimate the number of suckers gaining internet access born every minute? Or has cybercrime become the 'shark attack' that gets reported more often than it occurs?"
The perversity of nature is nowhere better demonstrated by the fact that, when
exposed to the same atmosphere, bread becomes hard while crackers become soft.