In order to compile the 2008 report on computer crime and security, The Computer Security Institute (CSI) sent out five thousand surveys to member companies and the organizations of people who had attended security events, such as conferences. Of the five thousand surveys, five hundred and twenty-two were completed and returned. The following is an analysis of CSI’s findings, with particular regard to total respondents and total loss, the top five attack types, and how the attacks likely occurred.
The Survey Respondents
Five hundred and twenty-two organizations responded to the survey requests, or a little more than ten percent. The largest organization types to participate included; 22% financial institutions, 15% consulting firms, 13% federal and state agencies, 9% information technology organizations, 7% health services, 7% educational institutions, and 5% manufacturing (Robert Richardson, 2008, p.5). The remaining respondent organizations were in much smaller percentages, which included law enforcement, military, retail, and transportation. The average financial loss to these organizations was $288,618, for a total loss of $150.7 million dollars between 522 organizations.
The most expensive security incidents were financial fraud, with an average cost of $500,000. The next most expensive incident type was bot-network breaches, with an average cost of $350,000 (Robert Richardson, 2008, p.2). Only 1% of surveyed organizations said that they did not have any kind of network security plan (Robert Richardson, 2008, p.2). A quarter of those who participated in the survey were security officers for their organization.
The Top Five Security Incidents and Analysis
Of the incidents that were reported, the top five most common were virus infection with 50%, insider abuse at 44%, laptop/mobile device theft at 42%, unauthorized access with 29%, and denial of service (DoS) attacks at 21% (Robert Richardson, 2008, p.15). The fact that virus infection was the highest reported security incident has a couple likely causes. The first likely cause is lack of an email security policy or employees who ignore the policy. Traditionally email has been the most likely vector of computer virus transmission, but more recently, malicious and compromised websites have become a major source. According to Dennis O'Reilly, “Now infections are more likely to occur after you browse to an infected Web site or download and open a file” (2009). The other likely cause of many virus infections is lack antivirus software or antivirus software that is not regularly updated.
Insider abuse and laptop theft are not entirely unpreventable, as with many network threats, but both of these threats can be discouraged by having formal policies in place in which the organization takes a zero tolerance stance on these activities.
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As you know, Target was infiltrated by malware and resulted with a criminal breach of Target’s security and data systems between the dates of November 27th through December 18th 2013.
Computer Crime In The 1990's We're being ushered into the digital frontier. It's a cyberland with incredible promise and untold dangers. Are we prepared? It's a battle between modern-day computer cops and digital hackers.
Because of the lack of information regarding probability of experiencing a cyberattack, countermeasures to cyberattacks, and the impact and costs of a cyberattack, people tend to resort to their own intuition and past experiences. Intuitions and past experiences lend themselves to various cognitive biases that lead to poor decision making. Thus, in order to overcome this anti-pattern, it is important to collect actual data and to evaluate them while checking for various biases when making a decision. The second
Computer crimes are often heard a lot about in the news. When you ask someone
As electronic commerce, online business-to-business operations, and global connectivity have become vital components of a successful business strategy, enterprises have adopted security processes and practices to protect information assets. But if you look at today's computing environments, system security is a horrible game of numbers: there are currently over 9,223 publicly released vulnerabilities covering known security holes in a massive range of applications from popular Operating Systems through to obscure and relatively unknown web applications. [01] Over 300 new vulnerabilities are being discovered and released each month. Most companies work diligently to maintain an efficient, effective security policy, implementing the latest products and services to prevent fraud, vandalism, sabotage, and denial of service attacks. But the fact is you have to patch every hole of your system, but an attacker need find only one to get into your environment. Whilst many organisations subscribe to major vendor's security alerts, these are just the tip of the security iceberg and even these are often ignored. For example, the patch for the Code Red worm was available some weeks before the worm was released. [02]
A major part of the world today revolves around technology and cyberspace. Almost every day one will use a type of computer in some way, whether it is work related or if it is for personal use such as social networking. Another thing occurring on a daily basis is criminals committing either trivial or major crimes; so it is not hard to imagine that these two actions would start to syndicate into one. Cyber-crime is defined as “unauthorized use of a computer for personal gain” (Dictionary.com), but the true depth of the definition is so much deeper. Anyone can be affected by cyber-crime, it can affect personal computer users all the way to massive corporations. There are many government agencies trying to get control of this growing problem. Cyber-crime is a problem affecting everyone; it will continue to grow unless computer users become educated on the threats out in cyberspace and become aware of the risks taken every day when one logs on to his or her computer.
White-collar crime, specifically computer crime, is becoming more popular as computers become more readily available. Crimes using computers and crimes against computers are usually committed without fear of being caught, due to the detachment of the offender from the victim.
Cybercrimes are on the rise now. People information are constantly getting hacked. Target computers were recently hacked and over a thousand people credit card information was stolen. Every day we
Cyber Crimes are crimes committed via the Internet. In some cases, the source of attack is the computer system. These types of attacks can come in the forms of computer viruses such as worms or Trojan horses, DOS (denial of service), and electronic vandalism. (OJP, 2013). The computer can also be used to commit theft such as embezzlement, financial information, and fraud. Other uses involves malicious adware, phishing, spoofing, spyware, and hacking; to name a few.
Virus is one of the most common malware. Unlike spyware, virus is largely designed to harm useful programs or wreck down an entire operating system. There are many ways through which virus may enter a computer. The most common way is via email attachments. A...
As per an exploration by Das and Nayak (2016), in 2015, independent ventures endured money related misfortunes averaging $93,000-$388,000 to cybercrime. Cybercrime is in this way viewed as one of the main sources to conclusion of independent companies because of the misfortunes brought about. Aside from that, organizations lose their benefits, for the most part hardware and frameworks, which are here and there focuses of digital assaults. The best case of this is the assault on mechanical control frameworks, which renders organizations and organizations out of operation. Das and Nayak (2016) shows that assaults on modern control frameworks are expanding and went up by 110% of every 2016, a sign that a risk is approaching. It is likewise disturbing when Das and Nayak (2016) report that in 2015, seventy five percent of private ventures detailed having encountered arrange security breaks. This is an expansion from the cases experienced in 2013 and 2014, a sign that cybercrime is turning into the most risky test to
Computer crime or Cyber Crime is defined as any type of crime that involves or regards a computer or computer network. Cyber Crime mainly means that the computer may be used as a tool in the commission of the crime or the computer may be the main target of the criminal’s crime. The rapid growth of technology and gadgets as well as the further de...
Millions of people around the world use computers and the internet every day. We all use it in school, work even at home, computers have made us life easier, it has brought so many benefits to the society but it has also brought some problems and cybercrimes is one of them. “The times have really changed,” said Greg Garcia, the department’s assistant secretary for cyber security and communications. “We’re seeing now phishing, farming, botnets … war dialing and domain server spoofing. And we’re seeing coordinated cyber-attacks against nation states.” (Fowler 5) Cybercrime is one of the most prevalent and most popular rising crimes being committed today. This is criminal activity done using computers and the Internet. There are millions victims around the world everyday who face these problems. Most people become victims of these at one time or another, but there are ways to avoid or deal with cybercrime by protecting yourself appropriately. I also was one of those victims who faced a similar problem. This unfortunate truth forces me to understand that computers and the Internet have made our lives easier in many ways. However, it is unfortunate that people also use these technologies to take advantage of others through identity theft, hacking attempts, and malicious use of software.
There are different groups, from law enforcement agencies to the U.S. Secret Service, that are attempting to combat the problem through cooperation and preemptive efforts. If these groups combined with the public to protect themselves and the country from criminals that commit cybercrime, the nation’s network and technology servers would be much safer for technology users. Clearly, cybercrime is a problem because it puts internet users at risk of being taken advantage of or harmed. The advantages of technology and the internet have led more criminals to use cyberspace to commit crimes. The threat of cybercrime is increasing as globalization continues to spread across the world.