Internet Crimes Affect 1 in 3 Online Users in China

Internet Crimes Affect 1 in 3 Online Users in China

One in three online users in China have been affected by some type of Internet crime, according to a new report released this week by the People's Public Security University of China.

An average of 700,000 online users fall victim to Internet crimes every day in China. The Global Times reported that this will cost the Chinese economy over $46 billion dollars in 2012. Many of these victims involve relatively small amounts of money and are therefore not reported.

The most common Internet threats are fraud, pyramid selling, prostitution and theft of personal information. Phishing is also a problem in China.

The government estimates that 564 million people in China now use the Internet, a 10 percent increase over year-ago figures.

Capital One® Platinum Prestige Credit Card
View Offer

Capital One® Platinum Prestige Credit Card

Top Features: 0% Intro on Purchases and Balance Transfers until February 2016

Editor Rating:

Chase Slate®
View Offer

Chase Slate®

Top Features: 0% intro APR for 15 months plus no balance transfer fees within the first 60 days

Editor Rating:

Capital One® Quicksilver® Cash Rewards Credit Card
View Offer

Capital One® Quicksilver® Cash Rewards Credit Card

Top Features: 1.5% cash back on all purchases, 0% intro on purchases and balance transfers until August 2015

Editor Rating:

Barclaycard® Ring MasterCard®
View Offer

Barclaycard® Ring MasterCard®

Top Features: Low 8% (V) APR on purchases and balance transfers

Editor Rating:

Capital One® Venture® Rewards Credit Card
View Offer

Capital One® Venture® Rewards Credit Card

Top Features: Unlimited 2x miles on every purchase, every day

Editor Rating: