(WEB HOST INDUSTRY REVIEW) -- Internet security software provider Finjan (www.finjan.com) announced on Friday that it has just published the 2008 cybercrime figures from Japan which reveals a 15.5 percent year-on-year annual growth.
"Anecdotal evidence suggests that the volume and value of cybercrime has soared again in 2008 and, with the current economic recession, we fully expect the number of Internet scams, hacks and malware-driven infections to increase even faster in 2009," says Ben-Itzhak, Finjan Chief Technology Officer.
Ben-Itzhak says this prediction was recently proved when the Japlog.jp website, which is ranked the 41th most popular site in Japan, was comprehensively hacked.
The attackers used a combination of obfuscated and ActiveX code to infect visitors with malware.
Ben-Itzhak is warning companies and consumers to take extra precaution to protect their staff, customer lists and financial data against cybercriminals.
Within days of Japlog.jp being attacked, the Livedoor.jp website, which is rated the sixth most popular site in Japan, was also compromised.
The number of cybercrime incidents has now tripled between 2004 and 2008, according to Ben-Itzhak.
And while cases of threats and illegal access increased by 90 percent and 20 percent, respectively, between 2007 and 2008, Ben-Itzhak says that fraud decreased by 0.3 percent.
Although there is no direct correlation to the Japan figures and that of European and North American markets, Ben-Itzhak says that the significant increase in cybercrime in the Japanese market does not fair well for Western e-crime.
The most recent FBI Internet Crime Complaint Center statistics bares the closest equivalent to the Japanese figures.
The FBI received 207,000 complaints relating to almost $240 million of e-crimes conducted online in 2007.
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