Posted: February 11th, 2022

Cybercrime

Cybercrime

The internet is one of the growing areas of technological advancement. In today’s world, there are trends towards digitization, which are growing at an alarming rate. The demand for the internet and connection of computers has led to external attacks from criminals, thus leading to data breach. Cybercrime is a profitable business for hackers and continues to grow at a tremendous rate. As technology advances, more information is moved to the digital world. For this reason, cyber-attacks have been rampant, especially in businesses. It is reported that the average total cost to a company of a data breach is about $ 3 million (Singer & Friedman,2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay). Full names, credit numbers, and credit cards are the most common ways data is breached in a particular company. Obtaining such information from the individuals helps criminals access information that helps them steal money, compromise identity, and sell over the dark web. Businesses and corporations are the primary targets for cybercriminals due to the massive amount of data nabbed by cybercriminals. Therefore, the main aim of this paper will be to discuss my opinions about cybercrime, loss prevention, and asset protection.
I think cybercrime has affected various societies in several ways, both offline and online. For instance, an individual becoming a victim of identity theft is seriously affected . In businesses, cybercrime could also lead to businesses losing a lot of money. For instance, one technique employed by these hackers on big companies is phishing. For instance, sending fraudulent emails faking to originate from a bank requesting for an individual data could cause destruction (Von and Van 2013). Giving over this data could permit the hackers to get to a person’s bank and credit accounts and demolish the credit score. Some hackers may also try to take over some company’s server to steal information and the machine.
Cybercrime law identifies the limits of acceptable attitudes for information and communication technology to protect ICT users and mitigate harm from people(Chang, Chen, & Chou, 2013). Cybercrime law provides the rules of how people should conduct themselves when using computers and digital technologies. The law has these regulations to mitigate the harm caused to the various victims in cyber-crime. For this reason, any illegal activity online is prohibited by the law. There is also substantive cybercrime that forbids some forms of cybercrime and punishes the people who do not comply with the law. For example, countries like Germany, China, and Japan have developed criminal code provisions to prevent the crimes committed. The existing laws made are designed for offline crime to target particular fraudsters and hackers. In Iraq, Penal Code No. 111 of 1969 is used to prosecute criminals involved in cyber-crimes (Chang, Chen, & Chou, 2013). However, these laws vary from one country to another, depending on the purported criminal’s internet. The procedural laws have the procedures to be followed to apply the rules to enforce these laws. There are procedural laws that have detailed guidelines and rules in which the suspected or the accused are to be handled by the law enforcement officers.
The sociological impacts of cybercrime have various impacts ranging from data theft, damages of the file, and interrupting the systems. The information collected by the criminals could include security questions answers which are used by the various institution to protect users when changing their passwords. While most companies are doing their best to encrypt data to stop it from being stolen by the criminals, they have developed better ways of stealing this data. Another impact is that the attackers can interrupt the systems, thus interrupting the consumers from using the same system. An excellent example of this is the distributed denial of a service (DD0S) attack (Williams, 2011). In this case, the DDoS attacks work by sending the data from various locations to a specific server used by a company. This results in unreasonable requests that the server can handle, thus overwhelming the server and causing it to slow down or even fail to work at all. The attackers seized the servers hence denying the users to utilize the services offered. In instances, cybersecurity can cause electrical blackouts, thus breaching national security systems. This would result in retrieving vital, delicate information and clinical records. It can likewise disturb PC networks, thus investigating systems henceforth making information inaccessible to the clients. A report shows that the cyber-attacks are growing tremendously; hence it might affect the functioning of day-to-day life. The threats are becoming more severe than they were years ago.
A good example is the USA government taking the cybersecurity threats seriously but seems to be moving slowly to mitigate them. In the past few years, the USA governments have been experiencing increased data breaches. For instance, the terrorists attack the USA systems to facilitate the communications between themselves, spread propaganda, and facilitate funding of their activities (Williams, 2011). It is believed that the attackers are after financial gain and disruption espionage. Their motivations and objectives differ depending on the type of attack planned.
Companies and institutions do not have control over the attacks, but they make it hard for attackers to access their information. A vital tool for mitigating cyber-attack is by ensuring the infrastructure is secured (Singer & Friedman,2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay). Therefore, it is crucial to regulate the minimum commitment to secure all their networks, thus protecting themselves. For this reason, the law provides a robust opportunity to set standards and reduce the scope of the attackers. For this reason, the law heeds to the technological advancements in the future by providing specific standards of cybersecurity to firms that are at risk of cyber-attacks.
Governmental regulation towards cyber-attacks is to put individuals in control of their data. Reporting is said to facilitate a gradual move towards companies complying to review their data regularly. Reviewing includes identifying both the weaknesses and opportunities for the companies. The regulatory put in place requires institutions to include eCommerce, search engines, and cloud computing services to increase their services’ security (Singer & Friedman,2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay). Companies should also ensure that the employees are aware of the implication of the cyber-attacks on the systems. I believe the cyber-attacks are growing as companies are becoming more dependent on technology. Therefore, businesses need to invest more in securing their data to avoid data loss in the future. There should be widespread use of encryption and privacy tools to protect people from surveillance. Users also need to understand that security starts at home and is their collective responsibility to protect themselves. For instance, all users should use a modern operating system that receives security updates, encrypts communication, and runs an antivirus.

References
Chang, W., Chung, W., Chen, H., & Chou, S. (2013, June). An international perspective on fighting cybercrime. In International conference on intelligence and security informatics (pp. 379-384). Springer, Berlin, Heidelberg.
Singer, P. W., & Friedman, A. (2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay). Cybersecurity: What everyone needs to know. OUP USA.
Von Solms, R., & Van Niekerk, J. (2013). From information security to cybersecurity. computers & security, 38, 97-102.
Williams, P. (2011). Organized crime and cybercrime: Synergies, trends, and responses. Global Issues, 6(2), 22-26.

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