Cybercrime refers to all forms of crime conducted through a computer or a mobile device using computer networks. It is thus the use of a computer with the aim of intercepting and manipulating content, disrupting communication, stealing or generally destroying others’ information or hardware through a network. Although cybercrime is a worldwide problem and affects both small and big companies, small companies are affected more from the dangers of cybercrime. The rapid advancement in technology is causing tremendous problems to businesses in terms of more sophisticated cyber-attacks. This project is interesting and beneficial because it enlightens one on the dangers of cybercrime, thus preparing individuals to know how to prevent attacks while online, how to reduce the effects of a cyber-attack and how to prevent future
As per an exploration by Das and Nayak (2016), in 2015, independent ventures endured money related misfortunes averaging $93,000-$388,000 to cybercrime. Cybercrime is in this way viewed as one of the main sources to conclusion of independent companies because of the misfortunes brought about. Aside from that, organizations lose their benefits, for the most part hardware and frameworks, which are here and there focuses of digital assaults. The best case of this is the assault on mechanical control frameworks, which renders organizations and organizations out of operation. Das and Nayak (2016) shows that assaults on modern control frameworks are expanding and went up by 110% of every 2016, a sign that a risk is approaching. It is likewise disturbing when Das and Nayak (2016) report that in 2015, seventy five percent of private ventures detailed having encountered arrange security breaks. This is an expansion from the cases experienced in 2013 and 2014, a sign that cybercrime is turning into the most risky test to
Computer crime has been an issue since the beginning of computers. Wherever there is something good, there is always someone who takes advantage of it. This can be seen in cyber crime, which has been on the rise in recent years. According to the Los Angeles Times, the median cost of computer crime to a company per year has risen from $3.8 million dollars in 2010 to $5.9 million. (Rodriguez, 2011) This suggests that computer crime is becoming an even bigger hazard to companies. A recent example of this was the data breach committed against Target in 2013.
In today’s world, we are all in some way connected to or involved with the Internet, it is really hard not to be. We all use different services that we feel either augment our daily lives or make them more pleasurable every day. We all take a sort of deceitful comfort in the basic inconspicuousness of the Internet. When we think about it, could it end up being the single biggest risk to our own safety? Most people don’t take the threat of cybercrimes as seriously because unfortunately they don’t realize just how life altering these threats are, until it’s too late. There are many types of cybercrime being committed daily that everybody needs to protect themselves from such as identity theft and fraud.
As electronic commerce, online business-to-business operations, and global connectivity have become vital components of a successful business strategy, enterprises have adopted security processes and practices to protect information assets. But if you look at today's computing environments, system security is a horrible game of numbers: there are currently over 9,223 publicly released vulnerabilities covering known security holes in a massive range of applications from popular Operating Systems through to obscure and relatively unknown web applications. [01] Over 300 new vulnerabilities are being discovered and released each month. Most companies work diligently to maintain an efficient, effective security policy, implementing the latest products and services to prevent fraud, vandalism, sabotage, and denial of service attacks. But the fact is you have to patch every hole of your system, but an attacker need find only one to get into your environment. Whilst many organisations subscribe to major vendor's security alerts, these are just the tip of the security iceberg and even these are often ignored. For example, the patch for the Code Red worm was available some weeks before the worm was released. [02]
The ability to conduct warfare through technological methods has increased information security awareness and the need to protect an entities infrastructure. Subsequently, cyber warfare produces increased risk to security practitioners that employ technology and other methods to mitigate risks to information and the various systems that hold or transmit data. A significant risk to information lies in the conduct of electronic commerce, hereinafter called e-commerce. E-commerce is the purchasing or selling of goods and/or services through the internet or other electronic means (Liu, Chen, Huang, & Yang, 2013). In this article, the researcher will discuss cyber warfare risks, present an evaluation on established security measures, identify potential victims of identity theft, and present an examina...
In today’s society technology is used for everything. With the invention of computers and the internet this open doors to the cyber world. Today you can do almost anything without having to leave your home. The internet gives us the opportunity of shopping online, ordering food online, working from home and video chatting with friends and family across the world. Everyone has a computer and internet access in their homes. While the internet is really convenient it also opens doors for cybercrimes, loss of privacy and the need for computer security.
The 90's internet boom gave rise to new ways of writing in through access to cyberspace. What used to be printed or handwritten on physical surfaces such as paper, cardboard, or bulletin boards has changed to 0's and 1's, bits and bytes of digitized information that can be displayed thru the projections of computer screens. Moreover, the internet has made the process of publishing one's works, writing letters, or chatting with one another much easier and convenient for everyone around the globe. The internet became a universal tool, giving much freedom and flexibility to the users; it gave them opportunity to deliver their thoughts with little or no restrictions. Since it's impossible to regulate all cyber-activities, internet users are often unrestricted by the normal laws or authorities that would set boundaries around the various online transactions. More importantly, the fact that a net user can take on different identities in cyberspace brings about several ethical and social issues. These anonymous and unrestrictive characteristics of cyberspace often permite abusive users to easily involve themselves in serious cybercrimes such as cyberstalking, cyber-rape, and cyber-harassment through chatting services, emails, cyber communities, and other online communication.
Kharpal, A 2013, Cyber-crime is ‘greatest threat’ to companies survival: EY, CNBC, accessed 12 November 2013, http://www.cnbc.com/id/101155856
Every day millions in some cases billions of dollars are made by businesses from income brought in by online sale of products and services. As businesses continually develop and expand their client base with online products and services so does the desire by criminals to exploit vulnerabilities in their e-commerce setup. The mass worldwide internet usage growth within the last 20 years has been “an approximate 16 million users in 1995 to an estimated 2,937 million in March of 2014” As the importance of e-commerce increases so does the need to protect the technological infrastructure that will carry out online transactions for each business regardless of its size. I will attempt to highlight and review the history of a few cyber crimes to show the progression of the crimes within the last 30-40 years. I also plan to review how the economy and consumers are impacted by cyber crimes. Finally I will make an effort to contribute with information gathering on how to lower the risk of a cyber attack from and individual user to a large scale business.
Today in present, with the improvements in technology and science new concepts are integrated in our lives. Cyber crime is among those concepts that did not exist 15 to 20 years ago. In the old days only conventional crime was discussed, which refers to those traditional, illegal behaviors that most people think of as crime. In today one has to be careful not only against conventional crime but also cybercrime also known as “faceless crime” it’s the latest and the most complicated problem in the new century. Cybercrime consists of all criminal actions against communication devices in a network such as Internet, telephone lines or mobile network. Cyber crime can be observed among people at various age groups as it is easier to commit compared to other types of crime like murder, kidnapping or human trafficking.
In today's society, many aspects of crime committed on a regular basis. Civilians take advantage of people all the time using online resources such as a fraudulent website requiring credit card information to get a free monthly trial. Other examples of cyber crimes are online chatting website, full of predators or websites needing a downloadable program that contains a hacking virus. Sadly, there are many cases of cyber crime all over the internet. The acts of cyber crimes are considered violent acts like any other. Every day citizens are constantly losing money and being victimized due to these fraudulent activities. Cyber crime, including fraud, identity theft, stalking, and hacking, is a growing problem which can be prevented by taking the proper precautions.
Wee, H. (2014). How The Threat of Cyber Crime is Heightened for Mainstreet . CNBC .
Cyber security is the protection of networks, computers, programs and data from attack, damage or unauthorized access. This is important because a great number of our confidential information is on computers and transmit that data across networks to other computers. As of now cyber-attack is one of the transnational issues that we are concern about in the United States. If these private networks were hack our national security infrastructure will be in distress.
With the development in technology cyber bullying and cyber crimes became a serious issue. Cyber bullying is terms as the use of electronic means of communication so as to bully an individual and most typically it occurs when one sends messages that are threatening or of an intimidating nature (Florence, 2014). Cyber crime on the other hand refers to crime that involves a network and a computer and in regard to this the computer or network may be the target (Study.com, n.d). Cyber bullying and cyber crimes are well known problem in the world but they aren’t noticed like bullying and crimes but they can be harmful and serious.
...ng to many individuals who have suffered from hacking, phishing, scams, identity theft, fraud etc. Computer crime describes a very broad category of offenses, which include anything that requires an electronic device or the Internet. Cybercrime is now a global issue and it has a major impact on every individual or business that interacts with technology and the World Wide Web. When important information is stolen, not only are individuals at risk of becoming part of greater crimes but it can also affect an entire country when its national secrets are stolen. In the end I may conclude that computer crime is a dangerous crime that all individuals should be aware of due to the many devastating results it can cause. Cybercrime cannot be stopped due to the high levels it has reached, but immunity can be used to keep safe from it or at least keep individuals less at risk.
There are different groups, from law enforcement agencies to the U.S. Secret Service, that are attempting to combat the problem through cooperation and preemptive efforts. If these groups combined with the public to protect themselves and the country from criminals that commit cybercrime, the nation’s network and technology servers would be much safer for technology users. Clearly, cybercrime is a problem because it puts internet users at risk of being taken advantage of or harmed. The advantages of technology and the internet have led more criminals to use cyberspace to commit crimes. The threat of cybercrime is increasing as globalization continues to spread across the world.