New York's criminals are turning to the internet as a safer way of lifting cash.
Manhattan district attorney Cyrus Vance, during a cybercrime symposium at Pace University said that prosecutions for cybercrime and identity theft in Manhattan have increased by 50 percent in the last five years.
According to the Epoch Times, he suggested that rather than robbing banks it is easier for criminals to rig ATM machines and scan credit cards.
Vance said that cybercrime is the fastest growing crime trend in New York. Manhattan coppers now record cybercrime and identity theft as their most frequently reported complaints.
He added that the problem has reached a point where nearly every crime in the city involves a computer somewhere.
Homicides, financial crimes, even gang cases all have some IT components.
He said that it was not just small-time crooks acting on their own,. Many local criminals are working with international hackers and Russian organised crim, the latter realising that cybercrime is less risky, yet more lucrative than the drug trade.