Image courtesy of Digital Transactions
A new Arkose Labs report reveals that experienced 'master' fraudsters can earn up to $7.2 million annually, while even rookie cybercriminals can generate $20,000 per month with as little as $5 to $10 invested in a fraud tutorial. By comparison, the median annual salary for a U.S. chief executive is roughly $790,000, according to Salary.com. Arkose Labs argues the high ROI of fraud drives persistent, escalating attacks and that raising the cost of attack is the most effective deterrent.
