Cause And Effect Of Cybercrime
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Cybercrime is one of the fastest growing type of crime in our society today and have also been a serious problem since it causes a lot of damages and also affect us in different ways. But before I go further let me start by telling you the meaning of cybercrime, Cybercrime is different and more heinous than normal crime that we know. This crime is committed in an electronic medium and here means read is not a requirement and is done in secret Feldman(2013). Cyber war takes place largely in secret, unknown to the general public of crimes include pornography, cyber fraud, defamation, cyber stalking, harassment, IPR theft, data hostage, money laundering, phishing, e-mail bombing, cyber war, illegal monitoring. Secondly let me talk about the effect of cybercrime in our society today. Becoming the victim of cybercrime can have long-lasting effects on your life. One common technique scammers employ is phishing, sending false emails purporting to come from a bank or other financial institution requesting personal information. If you hand over this information, it can allow the criminal to access your bank and credit accounts, as well as open new accounts and destroy your credit rating. According to EWeek (2012) a survey of large companies found an average expenditure of $8.9 million per year on cyber security, with 100 percent of firms surveyed reporting at least one malware incident in the preceding 12 months and 71 percent reporting the hijacking of company computers
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In order to prosecute a case of cybercrime there has to be four components that must follow. First, the crime has to be committed by using an electronic device. Second, the offender must have the intention to harm an individual or an organization. Third, the perpetrated or intended harm encompasses conduct amounting to interference or damage to either tangible or intangible property owned by a person or organization. Lastly, the conduct concerned is criminalized within either the jurisdiction of the victim or the jurisdiction of the accused.
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Now focusing on cyber security and communication security which are the following parts that make up the national security. Each one of these parts are responsible for a specific function. Cybercrime is attacking the information systems, sometimes identity theft, but in some cases fraud. By providing insight into causes of cybercrime, its participants their motivations, then we identify some of the major issues dealing with these crimes. With cybercrime being nondiscriminatory, also dramatically increase.
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The insights it provides into the motivations and methods of cybercriminals, as well as the potential consequences of falling victim to their attacks, make it a must-read for anyone interested in cybersecurity. Most of the activities in the book happened a few years ago. While "Spam Nation" details events from a few years ago, it still holds relevance today. The basic premise of phishing - tricking recipients into revealing personal information - remains the same.
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The loss of intellectual property due to the phishing attacks is the obvious damage. However, there are additional damages that are incurred; damage to the company’s reputation, opportunity costs, cost of increasing cybersecurity, financial loss, employment losses, and risk to national security (McAfee, 2013). In the case of U.S. Steel, there was a loss of business caused by cheaper competition and a reported 30% decrease in sales (Miller, 2016). “Losses to the U.S. may reach $100 billion annually.” (McAfee, 2013)
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Retrieved November 17, 2015, http://eds.b.ebscohost.com/eds/detail/detail?vid=1&sid=decc1413-5fb9-45c8-8ff1- 4ec6f7f15baf@sessionmgr113&hid=119&bdata=JkF1dGhUeXBlPXVybCxjb29raWUsa XAsdWlkJnNpdGU9ZWRzLWxpdmU=#AN=266258&db= nlebk The article explains in great detail about prevention and security in relation to all topics associated with identity theft. Biegelman provides emphasis on the manner in which technology is progressing and the coming age of the internet has raised new concerns when connecting to the internet. He provides information on a description of identity theft and fraud, the most common ways identity theft or fraud is committed, steps to avoid becoming a victim, and what to do if you become a victim.
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With than in mind, it’s sensible to assume that the online internet economy is a growing destination for many Australians for buying and selling. As a nation we need to embrace the new ways of business and be open to the growth that will occur as more business spreads online. This new market, is opening up many opportunities for Australia’s economy (Cyber Security Strategy, 2015), and the government need to engage with buyers and sellers to advance the once vulnerable aspects of our cyber-e-commerce environment. Due to the fact that intrusion, disruption and damage are on the threat radar to businesses. In regard to cyberterrorists, some businesses of Australia are threatened, because the attacks are motivated to cause destruction, and essentially that puts finance, health care and energy in the crossfire (Martin & Kracher, 2008; Goch, 2002).
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“Traditional crimes, such as fraud, counterfeiting, embezzlement, telecommunications theft, prostitution, gambling, money laundering, child pornography, fencing operations, narcotics sales, and even stalking, all could be computer related. ”(Goodman Marc, Pg 10) Many modern crimes are committed on the web because it provides access to data that could destroy someone’s life if used the wrong way so it’s a police detective’s job to handle cyber crime. “When compared to murder, rape, or violent assaults, computer crime may seem trivial. But, a person who asks an executive who loses his life savings due to the theft of intellectual property from his computer hard drive will get a different answer.
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Strain Theory In accordance to experiencing strain or stress, people may become upset and sometimes engage in crime as a result to either cease or reduce the stress they are experiencing. For example they may steal to reduce financial stress or violence as revenge to those that have wronged them. There are two major types of strain that contribute to crime
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The Theories behind Digital Piracy Introduction The topic of Digital Piracy has been widely debated for the past decade as there has been a surge in copyright infringements. The phenomenon of digital piracy has been prevalent since the days of dial-up modems and online bulletin boards, and it continues to be relevant to industry and society today. People have been gathering software and illegally “cracking” the copyright protections placed on the software to make it available to everyone else for free. When people use the word "piracy" for copyright infringement, it usually means "selling of many copies without permission”.
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Identity Theft Victimization Overview Chris Thompson Kennesaw State University Identity theft and fraud criminals have been around targeting victims and trying to take any personal information they can get their hands on that would bring a profit from the victim’s pockets. Over the past several years though, identity theft has risen to an all-time high and victimizes millions of people each year, specifically around tax season. This paper is to show the increase in identity theft victims and which groups of people tend to be victimized the most. With the growing world economy and the technology increase twofold, identity theft is much more prevalent and widespread. Andrew Karmen, of Crime Victims, states that identity theft is
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Throughout the twenty first century technology has had substantial advancements, resulting in improvements and enhancements of one 's everyday life. With these advancements, come positive and negative effects. Paying bills, shopping online, and doing taxes are all painless tasks anyone can perform thanks to the power of top of the line computers and internet services. In contrast to the beneficial uses of advanced technology, there are also cynical uses one with a destructive intention could carry out. Hacking personal information, cyber bullying, and plagiarism have all resulted in the upgrading of technology that was not originally intended.
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The rapid proliferation of information technology has led to a significant rise in the number of people who use the internet in one way or another. With the growth in the number of persons who have an internet connection; certain individuals have begun to exploit this resource through the unethical practice of Identity theft. As more and more individuals are posting their personal information online, cybercriminals are stealing this information with the aim of assuming the victim's identity so as to either obtain financial advantage or benefits that are associated with the victim (Jewkes, 2013). The act of stealing other people's identity cannot be considered as ethical because it violates the victim's right to privacy.
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Stolen information can be from companies or restaurants or government agencies (Soudijn and Zegers, 2012). Phishing is also a method in which financial information can be lost. Social security number is a very crucial information along with personal information like name, date of birth, email address, bank account information. A hacker can open a bank account with that identity or file a tax return or can take the government benefits.
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Cyber threats continue to plague governments and businesses around the world. Cyberwarfare is Internet-based conflict involving politically motivated attacks on information and information systems. Normally there are two purposes of Cyberwarfare, espionage or sabotage. Cyberwarfare attacks can disable official websites and networks, disrupt or disable essential services, steal or alter classified data, and cripple financial systems. Cyber operations can also aide military operations, such as intelligence gathering and information warfare.
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INTRODUCTION The Internet has become an important part of the daily life of many people. More and more people are making use of services that are present on the Internet. The Internet has evolved from a basic communication network to an interconnected set of information sources enabling, among other things, new forms of interactions and market places for the sale of services and products. Online banking or advertising are common examples of the commercial aspects of the Internet.
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