The Wire

We all know how bad cyber crime is, hacking, internet scams, identity thefts. But now criminals are taking advantage of our obsession with our phones. It’s estimated  more than  4.5 million people fell victim to cyber crime in Australia last year, suffering $1.8 billion in direct financial losses and an additional $2.8 billion in time spent resolving the crime, that’s more than burglary and assault. Photo from TitanasA new study by Symantec reports not only are cyber crimes on the rise, but cyber criminals are tapping into the vulnerabilities of smartphones at an alarming rate.Expert’s say we need to start treating our phones with the same caution we do our computers.