Social Issues: “Cyber Crime”

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What is Cyber-crime?

Cyber-crime is a bigger risk now than ever before due to the sheer number of connected
people and devices.

You often hear the term ‘cybercrime’ bandied about these days, as it’s a bigger risk now than ever before due to the sheer number of connected people and devices. But what is it exactly? In a nutshell, it is simply a crime that has some kind of computer or cyber aspect to it. To go into more detail is not as straightforward, as it takes shape in a variety of different formats. We’ve put together this guide with some interesting and often alarming facts, to make it a little easier to digest:

Cybercrime: The facts

  • Cybercrime has now surpassed illegal drug trafficking as a criminal moneymaker
  • Somebody’s identity is stolen every 3 seconds as a result of cybercrime
  • Without a sophisticated security package, your unprotected PC can become infected within four minutes of connecting to the Internet.

Criminals committing cybercrime use a number of methods, depending on their skill-set and their goal. Here are some of the different ways cybercrime can take shape:

  • Theft of personal data
  • Copyright infringement
  • Fraud
  • Child pornography
  • Cyberstalking
  • Bullying

As you can see, cybercrime covers a wide range of different attacks, that all deserve their own unique approach when it comes to improving our computer’s safety and protecting ourselves. Symantec draws from all the different interpretations of cybercrime and defines it concisely as “any crime that is committed using a computer network or hardware device”.

The computer or device may be the agent of the crime, the facilitator of the crime, or the target of the crime. The crime may take place on the computer alone or in addition to other locations. The broad range of cybercrime can be better understood by dividing it into two overall categories, defined for the purpose of this research as Type I and Type II cybercrime. Let’s take a look at them both:

Type 1 cybercrime

  • Usually a single event from the perspective of the victim. An example would be where the victim unknowingly downloads a Trojan horse virus, which installs a keystroke logger on his or her machine. The keystroke logger allows the hacker to steal private data such as internet banking and email passwords.
  • Another common form of Type 1 cybercrime is phishing. This is where the victim receives a supposedly legitimate email (quite often claiming to be a bank or credit card company) with a link that leads to a hostile website. Once the link is clicked, the PC can then be infected with a virus.
  • Hackers often carry out Type 1 cybercrime by taking advantage of flaws in a web browser to place a Trojan horse virus onto the unprotected victims computer
  • Any cybercrime that relates to theft or manipulation of data or services via hacking or viruses, identity theft, and bank or e-commerce fraud.

Type 2 cybercrime

  • Type 2 cyber-crime tends to be much more serious and covers things such as cyber-stalking and harassment, child predation, extortion, blackmail, stock market manipulation, complex corporate espionage, and planning or carrying out terrorist activities.
    • It is generally an on-going series of events, involving repeated interactions with the target. For example, the target is contacted in a chat room by someone who, over time, attempts to establish a relationship. Eventually, the criminal exploits the relationship to commit a crime. Or, members of a terrorist cell or criminal organisation may use hidden messages to communicate in a public forum to plan activities or discuss money laundering locations, for example.
       

      Prevention                                                                                                                                          Prevention, Step One: Education and Training

      You wouldn’t let your unlicensed employees drive your company van, would you? Like driving, you and any employees that have access to your business network must have a foundational education before taking the wheel.

      What are your security policies? Are they well defined?

      Do all your employees understand the most common hacking tactics, such as phishing, social engineering, or packet sniffing (to name just a few)?
      Education and awareness across your staff will go a long way to protect yourself against many types of cybercrime.

      Prevention, Step Two: Securing Computers, Digital Assets, and Networking

      How safe is your vehicle? Sure, small-business budgets are tight, and finding ways to save is always going to be a priority for small-business owners, but most of us wouldn’t drive without our seat belts securely latched or in a car without basic safety features.

      Source: ->http://www.tripwire.com/state-of-security/incident-                            detection/preventing-and-recovering-from-cybercrime/                                          ->http://www.forbes.com/sites/thesba/2013/08/28/how-to-prevent-cyber-crime/                                                                                                                                        -> http://us.norton.com/cybercrime-definition                                                                                                                                                                                                             – Judems Daub

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