Friday, June 24, 2016

Chinese netizens report US$14 billion losses in Internet fraud


China’s online population suffered a total loss of 91.5 billion yuan (13.8 billion US dollars) in the past year due to spam messages, cyber fraud and leakage of personal information, according to a recent report.

The Internet Society of China on Thursday released its annual "Survey Report on Protecting Netizens' Rights and Interests," which showed that on average, a Chinese online user lost about 133 yuan (20 US dollars) in the period ending in June 2016. 

Nine percent of netizens incurred over 1,000 yuan (151 US dollars) of losses.

The calculation is based on data from the China Internet Network Information Center which says China had an online population of 688 million as of the end of 2015, about half of the country’s entire population.

Two major media for online trickery are spam emails and text messages.

In the first half of 2016, people on average received 18.9 junk emails and 20.6 junk messages on weekly basis. 

The report indicates that people were most annoyed by spam telephone calls, followed by advertisements pop-ups on their computers and phone applications. 

(For more insight on how people were exposed to fraudulent acts, see the infographics below.) 

Amid rampant cyber scams and theft cases in recent years, China has stepped up efforts to better safeguard individuals’ information security.  

In 2015, China concluded 6,221 criminal cases using the Internet for fraud-related crimes, crimes of provoking troubles or other unlawful offences, according to a work report by the Supreme People's Court.





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