Why Cyber crime is an important issue?

Why is cyber crime an issue?

Cyber criminals and organizations pose significant threats to global commerce and society. The use of the Internet for criminal purposes is one of the most critical challenges facing the FBI and law enforcement in general. Understanding and using the Internet to combat Internet fraud is essential for law enforcement.

What are the effects of cyber crime on society?

The effects of a single, successful cyber attack can have far reaching implications including financial losses, theft of intellectual property, and loss of consumer confidence and trust. The overall monetary impact of cyber crime on society and Government is estimated to be billions of dollars a year.

What are the different issues and challenges in cyber crime?

Cyber crime can include everything from non-delivery of goods or services and computer intrusions (hacking) to intellectual property rights abuses, economic espionage (theft of trade secrets), online extortion, international money laundering, identity theft, and a growing list of other Internet-facilitated offenses.

What are the ethical issues in cyber crimes offenses?

Some basic ethical issues on the use of IT on global networks consist of personal privacy, data access rights, and harmful actions on the Internet. These basic issues have been solved partially using technological approaches, such as encryption technique, SSL, digital IDs and computer firewalls.

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