Cybercrime Essay

Cyber security threats change quickly as Internet increases, and also the related dangers are getting to be progressively international. Being covered against cyber security threats requires almost all end users, actually the most complex versions, to know the particular threats in addition to enhance their particular safety measures with a continuing foundation. On April 28, 2014 President Obama has declared that the “cyber threat is one of the most serious economic and national security challenges we face as a nation” and that “America 's economic prosperity in the 21st century will depend on cyber security.” The internet enables and also helps people in a many ways and a example is collect, store, process huge amounts of data, which includes vulnerable data of small business, transactional and personal. Everything in this world is based on internet now a days.

The proficiency and efficacy of the cyberspace in its application in accounting, finance, system designs, manufacturing etc., cannot be denied nor neglected. The reality of the twenty-first century is simple; no organization can survive without the adoption and implementation of the mechanism of information technology to their area of business. On the contrary perspective, there are several challenges that are associated with the cyberspace, among which is majorly cyber security. Recently the hackers’ activity has really skyrocketed and has become a major concern for organizations, states and federal governments and even international organizations. Several regulatory schemes are put in place to mitigate the activities of hackers across the globe.

Every time we connect to the Internet at home, at school, at work, or on our mobile devices we make decisions that affect not only ourselves, but our neighbors, or colleagues, and our nation. Cybersecurity is a shared responsibility, and each of us has a role to play (Homeland Security 2015). The intended audiences that are most interested, receptive and motivated, in reading this research paper: business owners, teenagers, college students, military, people in IT, computer science, employees and government. Cyber space has become a critical area of national security with the ever increasing amount of information transferred through and contained within digital environments. Attacks over the last couple of years reveal the severity of the threat regarding both the target and the number of the attacks (Braman, Susmann & Vaseashta 2014). If your business is like most in America, Internet is an indispensable modern tool for daily transactions. Online browsing allows connectivity to new customers and business growth. If you do not have a Web site, Instagram, Facebook page or Twitter account, you probably rely on Internet to perform your day-to-day business, as banking, payroll or orders for supplies. Using the internet should be safe. Small businesses may think they are not targeted; but cybercriminals are

Cybercrimes are one of the significant types of crimes that make various individuals vulnerable to victimization. Numerous types of cybercrimes exist throughout the world, including identity theft, spam, phishing, and online consumer fraud that relies on computer-based technology to facilitate criminal activities. The risk of cybercrime victimization influences individuals who differ in age, gender, ethnicity, and social class. This conveys that certain individuals are more likely to face cybercrime victimization than others. It’s also important to understand that certain countries are at a higher risk of cybercrime victimization due to the level of access towards technology and the effectiveness of different approaches to target these crimes. In this paper, I will discuss demographics such as age, gender, and level of education to predict the risk of cybercrime victimization and emphasize on different approaches that reduce the likelihood of cybercrime victimization.

As organizations utilize software and the internet together to make transactions and complete accounting functions, the threat of cybercrime comes into play. “Cyber crime against private business is growing, and consuming a larger share of Federal Bureau of Investigation resources than ever before…” (Kelly, M., & 42 staff, 2011)

Moreover, many organizations within the public and private sector heavily relies on technology to carry out their day to day operations. Those cyber technologies help make many difficult or tedious tasks easier to do and technology can also carry out many of those tasks more effectively and efficiently than humans can. However, cyber technologies are at risk of espionage, cyber attacks, or other crimes such as theft and fraud (Ammori & Poellet, 2010).

Times have changed what was known as organized crime has been replaced by Cybercrimes (Heists: Cybercrimes with Ben Hammersley). Cybercrimes have risen dramatically in recent years and have become a major issue the United States and company’s face today jeopardizing as well as threatening the critical infrastructure of America (Cyberwar Threat, 2005). Sadly, the status quo of cyber security is very unstable with the advancements and growth which has put most individuals and businesses into an enormous threat (Agustina, 2015).

Over the past twenty years, the Internet’s role in our lives has grown to an everyday necessity. We rely on the Internet to communicate within the scope of our employment and social lives, to conduct our banking and bill paying, we even use it to track our personal property. There is hardly one area of our lives that we can not conduct over the Internet. While the Internet is a convenience that has made our lives easier, it has also opened the door in our lives to a vulnerability that is rapidly being exploited by cyber criminals. Cyber crimes are growing at an exponential rate in the United States and we, the consumers/end users are unaware of the liabilities a simple click on the wrong button can cause. This paper will

When considering the technological advances over the past 50 years, the Internet has undoubtedly had the greatest impact on everyday life of developed economies and its citizens. The world has become smaller, societies interconnected, and the pace of global integration dramatically increased since the introduction of the Internet. As people and information become increasingly integrated around the world, physical borders between nations are no longer sufficient to restrict access to information and sensitive data. This integrated world allows for malicious cyber actors to advance strategic

The use of information technology in business presents major security challenges, poses serious ethical question, and affects society in significant ways. Especially, the computer crime is a growing threat to society and is caused by the criminal or irresponsible actions of individuals who are taking advantage of the widespread use and vulnerability of computers and the Internet and other networks. It presents a major challenge to the integrity, safety, and survival of most business systems.

There are many countries where terrorist activities are simply a part of life and where criminal activities are commonplace. Even in well-developed countries there can be problems. One of the most insidious of these activities, however, is cybercrime. It may seem less dangerous because it is not physically damaging to the person who is being targeted, but gaining access toa person's private information can cause serious damage to that person's good name and reputation, along with his or her credit, ability to obtain employment, and other parts of life. Something has to be done, but by the time issues are corrected there are new issues appearing. It can feel like a losing battle. Because of constant technological change, new challenges are arising regarding information access and privacy.

Virtually every business today uses at least one form of computer information technology. Business firms use computers to automate and assist in managing everything from operations, sales, finance, and logistics. Internal databases and intranets are used for internal controls and organizations are connected via the internet to conduct sales, marketing and many other communications and transactions. Electronic business, or e-business, is dominating modern markets and the business world. This new world of technological innovation has exponentially increased efficiency and globalized the world’s economies. Unfortunately criminals still exist and continue to exploit businesses, committing acts of theft, vandalism, and terror.

According to NIPP "Cyber infrastructure enables all sectors' functions and services, resulting in a highly interconnected and interdependent global network of CIKR." (National Infrastructure Protection Plan, 2009) Cyber attacks can be conducted in another country, be relatively anonymous, spread quickly through out CIKR, and have the greatest effect for the lowest cost. With the fast pace of technology advancement, it is difficult for CIKR to keep pace to update systems and equipment as well as the cost associated with it. While it is relatively inexpensive for terrorist to conduct cyber attacks, it is quite expensive to develop and maintain a secure cyber infrastructure. When CIKR are crumbling from age without operators reinvesting to repair or replace, the main source of the operators income, how much is that operator willing to invest in cyber infrastructure and

Prevalent to the current trend now is the dependency of the society on Information technology and communication systems. Every aspect of human life is one way or the other linked and controlled by information technology tools. The importance of information technology cannot be over emphasized as its unavailability could lead to a form of disaster or the other. Pivotal infrastructures like finance, healthcare, education and security are driven by information technology. However, information technology and its benefits are accompanied by vulnerabilities and risks that can be exploited by people with the necessary technical skills. Individuals like ‘Hackers’ and ‘Cyber Terrorist’ can cause disruption to information systems, commit financial fraud and also attack computers and networks. These attacks and disruptions could result to violence against people and properties. In some cases, death, serious injuries and severe economic loss could occur as a result of these attacks.

Cybercrime has become a fast growing concern for the 21st century as businesses, institutions and individuals grow into an interconnected web of computer networks. Online business transactions, along with the sharing of personal information, are vulnerable to a host of disasters that can reap economic and social havoc. Some sources say that today, cybercrime costs more than $1.0 trillion to society--Global Industry Analysts, Inc. forecasted the world cyber security market to reach $80 billion by 2017 (Gale, 2011).