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Advantages And Disadvantages Of Cybercrime

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Introduction
Cybercrime refer to illegal activities conducted through computer. It is a growing area of crime. More criminals are utilizing the speed and anonymity of the internet to commit various crimes. Cybercrime can be broken down into two main types of internet related crimes which are advanced cybercrime and cyber enabled crime. Advanced cybercrime are sophisticated attacks against computer hardware and software. Cyber enabled crime are increasing crimes that exploit advances of internet such as financial crimes etc. Financial crime covers generally an international range of criminal offences. They are mostly committed through the internet and impact banking and financial institutes. They affect people, companies, organizations, nations, and have a negative impact on the economic and social systems through loss of money sustained. Organised criminal networks are usually behind financial crime due to the prospect of profits to be made. Preventing cybercrimes is difficult due to differences between countries in terms of national jurisdictions, implementation of conventions, level of expertise on investigations in order to secure evidence or prevent illegal activities over the internet.
The essay will discuss the following
 Types of cyber crime
 The impact cybercrime has …show more content…

These criminals may gain access to the switchboard by mimicking a technician, by dishonestly obtaining an employee's access code, or by using software available on the internet. It is also possible through looping between PBX systems to evade detection. Additional forms of service theft include capturing "calling card" details and on-selling calls charged to the calling card account, and counterfeiting or illicit reprogramming of stored value telephone

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