1.0 Introduction
What is cybercrime? Cybercrime are criminal acts performed over the internet or any network. Cybercrime has rapidly increased over the past few years as a result it has now become a common threat to all users on a network and especially the internet. The internet carries various threats that can cause harm on a user’s computer. That is why it is necessarily to take precautions to prevent any cybercrime. Seneca, the roman philosopher once said “He who does not prevent a crime when he can, encourages it” (Gragido.W, Pirc John, 2011).The diagram below shows the Cybercrime incidents in recent years. Figure 1.0.Cybercrime Incidents in Recent Years. (Gragido.W, Pirc John, 2011)
2.0Definition of CaaS
Crime as a service is just like Software as a Service (SaaS), but instead of offering legal and helpful services through the internet, criminal syndicates are offering illegal and detrimental services, such as DDos- Distributed denial of service attacks, sending of spam and even services to infect large quantities of computers.
Cybercrime has become more globalized and professionalized in recent years. And now there is a networking of cybercriminals who acquire knowledge and tools to perform various cyber crimes and are now starting to make products and services for use by other criminals.
People and industries can acquire the services of cybercriminals to help them engage in a criminal activity of any sort. Underground forums and criminal marketplaces have become
Cyber crimes, as defined by dictionary.com, are criminal activity or a crime that involves the internet, a computer system, or computer technology. Cyber Crimes may occur all over the globe, but the scene of the crime shares one common location, the internet. Law Enforcement has been tasked with bringing an end to this digital dilemma and they have started by going to war. The war on Cyber crimes is a term used to designate the efforts of Law Enforcement to go against these sly criminals. There are many different forms of these crimes, such as some come in forms of scams and others are ushered in by hackers. The shocking part is the statistics that come along with these crimes and the amount of money that
Times have changed what was known as organized crime has been replaced by Cybercrimes (Heists: Cybercrimes with Ben Hammersley).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).
With the constant changes in society and advances in technology, it is no surprise that new types of crime have started to emerge. Such as terrorism, white-collar crime, green crime, cyber-crime, and organized crime. Often times these crimes tend to overlap because technology is such a huge factor
All over the world today, the crime rate has increased and so has its methods. Criminals are becoming more sophisticated when acting out crime. Furthermore, crimes do not just take place at a certain location anymore but from anywhere in the world. For example, cyber crime was unheard of even as far back as the early eighties because access to computer and the worldwide web was limited to only a few people who used it for research or to interact with a particular group now we hear of cases where people are being defrauded via the internet and this is becoming so rampant such that conducting business transaction over the internet can be scary, the
The rapid growth of the internet has made it easier to commit traditional crimes by providing criminals an alternate method for launching attacks with relative anonymity. Effects of such technology has been great but , with the
The controlling servers were located principally in the United States, followed by China, Korea, Germany and the Netherlands. Here, we can see the powerful countries have higher cybercriminal rate. Therefore, cybercrime rate will increase by scientific and technology progress. They also agree most of cybercriminals are overseas and they are same with drugs that have major traffickers but also street dealers. “Wherever there is criminality there are criminal hierarchies, there will also be local pockets of criminality.
Next, if we look at the past 10 years, technology has made rapid advancements and continues to grow and improve till this day. Though advancements in technology have improved our daily lives, it has also increased the likelihood of transnational crime. Sadly, since technology is up-to-date or as some would argue ahead of its time, criminals are able to communicate easier without a hitch because modern system that allows legitimate business to run, also creates a window of opportunity for criminal transaction such as making an arrangement online, gives them the opportunity to coordinate smuggling and illicit trade acts, and a chance for them to cover their tracks lessening the chances of them being caught. For instance, global scamming of Nigeria
Cyber Crime is described as criminal activity committed via use of electronic communications with respect to cyber fraud or identity theft through phishing and spoofing. There are many other forms of cyber-crime also such as harassment, pornography etc. via use of information technology.
The dependency over internet has led to increase in cyber crime. Some criminals use the internet for spreading computer viruses and also fraud. Cyber crime is a new type of crime that occurs in this Science and Technology years. There are a lot of definitions for cyber crime. According to Wikipedia.com cyber crime is known as computer crime that refers to any crime that involves a computer and a network. Besides that, cyber crime is also defined as crimes committed on the internet using the computer as either a tool or a targeted victim. One of the cyber crime is the internet fraud. The most severe form of internet fraud involves identity theft, which is illegally getting a hold of someone’s personal information in some way that uses fraud or deception and is used for financial gain. One method of getting people’s bank account details is the money transfer email scam. People receive emails requesting help with transferring funds from another
Technology is forever changing and evolving. Just when one thinks that they have the latest and greatest in the world of technology something better comes along. This phenomenon does not just affect whether one has the newest phone, laptop, or gaming device, but, rather, has a much broader impact than that. I am talking about the relatively new concept of cybercrime. Crime as we know it has existed forever, but has always continued to evolve. One of the newest aspects of crime is taking what we traditionally think of as crime and flipping it upside down. Unlike in decades past, one can commit a crime anywhere and
Cyber criminals take full advantage of the anonymity and secrecy provided by The Onion Router (TOR) networks through the Internet; therefore, attacking the very foundations of our modern information society is very easy. Cyber crime can involve credit card theft, computer viruses, cyberstalking, cyberterrorism, cyber-pornography, Denial of Service attacks, Distributive-Denial of Service Attacks, hacktivism (hacking activism), identity theft, malware, and spam. Law enforcement officials have struggled to keep pace with cyber criminals, who cost the global economy billions annually. Police are attempting to use the same tools cyber criminals use to perpetrate crimes in an effort to prevent those crimes and bring the guilty parties to justice. Cyber fraud refers to any type of deliberate deception for unfair or unlawful gain that occurs online. Due to the complexity of Cyber Fraud today, typically many people will refer to themselves as hacktivists; Anonymous, Blue Tic, and Lizard Squad are great examples. The common types or forms that of this type of fraud discussed today will be distributed Ransomware, Social Engineering (The art of human hacking) which relates back to a computer, and the typical phishing tactics to steal credit and debit card information. The amount annually lost due to cyber crime will be an undefinable number because it is happening under the radar at vast amounts every day. Lastly I will be discussing how this type of fraud is commonly detected, how you
Cybercrime is a crime used to for the most part characterize criminal movement in which several computer systems are an instrument, an objective, or a position of criminal action and incorporate everything from electronic splitting to foreswearing of service assaults. It is additionally used to comprise customary crimes in which PCs or systems are utilized to empower the illegal movement. The Cybercrime can stop any railroad where it will be, it might deceive the planes on its flight by misinforming with wrong flags, it might bring on any imperative military information to fall in the hands of remote nations, and it might end e-media and each framework can crumple inside of a small amount of seconds.
In the publication, “CYBERCRIME: Public and Private Entities Face Challenges in Addressing Cyber Threats,” The discussion will be on the most arduous of challenges to the most improved. All will be reviewed in detail and personal thoughts will be revealed. Working in a borderless environment with laws of multiple jurisdictions is the most challenging to date. Ensuring adequate law enforcement analytical and technical capabilities is yet another issue facing the cyber world. The most improved award goes to reporting cybercrimes. All will be discussed in the following report.
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).
Nowadays cybercrime is a very fast growing area of crime. An increased number of criminals are misusing the velocity, accommodation and anonymity of the Internet to carry out a differing scope of criminal exercises that know no bounds, either physical or virtual, can cause great damage and pose a real threat to people around the world.