Question

After watching the video (4:07) “The Business of Cybercrime” respond to these prompts:

Consider how “cybercrime” is defined and then explain how criminal law is supposed to somehow control its spread.

What do you consider to be the biggest obstacle to preserving confidential information in today’s electronic world?

Considering that cybercrime is now described as primarily organized, global and practically uncontrollable, explain what measures you would like to see in place to help protect you, as a consumer and/or business, against its threat.

Answer 1

Cybercrime is the fraudulent and illegal activities conducted through computer network. Phishing, data theft, identify theft are some of the examples of cybercrime.

The criminal law uses cyber law to control the cyber crime. Cyber law has been specially drafted to deal with activities happening in the cyberspace and the Internet.

The cyber law employs the following strategies to address cybercrime and its spread:

• Raising awareness among public to be wary of such incidents and report the occurrence of any such incident immediately to the cyber cell
• Cyber law also leverages on the services of trusted organizations like Stay Safe Online to monitor the cyberspace domain.
• Cyber law is ever ready with anticipation of a cyber crime and so the reaction time is very less in occurrence of such events.

The biggest obstacle to preserving confidential information in today’s electronic world is the ease of access and scalability of such electronic medium. A person in Boston having access to cyberspace can conduct data theft from an organization in India. The scalability and ease of access as enhanced the penetration risk in this domain.

Some of the measures employed to protect business from cybercrimes are:

• Creating awareness organization-wide about the ways in which cybercrime can penetrate business and mitigations against such options
• Data protection must be conducted very stringently to avoid any sort of data leakages
• User privileges can be installed across organization that restricts access to important business data and information
• Anti-malwares must be installed and regularly updated