The increase was partly down to better detection, the firm says.

ECONOMIST: Oil theft in Mexico

Since Virut code was complex and could embed itself in other infections, detection and take-down was difficult over a five year run.

FORBES: Why Cybercrime Remains Big Business - And How To Stop It

Northern Constabulary has one of the highest crime detection rates in the UK and the force puts this down to its community-style policing.

BBC: Local policing 'will continue' in new single Scots force

The report breaks down frauds by category, duration based on scheme type, the size of the organization and initial detection methods.

FORBES: Certified Fraud Examiners Release 2012 Report

Motorbike collision detection systems developed by Mira warn a rider about an imminent impact and let them take action by slowing down sharply or, in the case of a vehicle travelling in the same direction as the bike, following it while slowing.

BBC: Motorbikes 'to get safe driving aids'