By Tom Gibb

Brazil has become the global capital for computer hacking and internet fraud, according to experts meeting in the country's capital, Brasilia.

Some 500 experts from around the world are attending the first international conference to combat electronic crime.

Brazil is home to eight out of 10 of the world's hackers, according to federal police at the conference.

Within Brazil, the amount of money lost in internet financial fraud outstrips that lost through bank robberies.

Roughly two-thirds of the internet's child pornography pages are also said to originate in the country.

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