Cybercrime revenues exceeding drug trafficking?

Now this is quite a statement. I wonder when the cybercrime enforcement agencies are going to get the same budget as the DEA?

Testimony from AT&T's Chief Security Officer Edward Amoroso, in which he told a US Senate Commerce Committee that revenues from cybercrime - at $1 trillion annually - are now exceeding those of drug crime, have been confirmed by Finjan, the business Internet security expert.

"Our latest research suggests that, whilst the economic downturn is reducing the income of drug traffickers, cybercriminals are becoming ever more innovative in the ways they extract money from companies and individual," said Yuval Ben Itzhak, Finjan's Chief Technology Officer. more...