With the rise of Cyber business naturally the rise of cyber criminals will soon follow. When corporate resources are committed to an online world, retailers expect an increase in sales and public awareness of their company and products. However, with an increase in awareness, comes an increase in crime against that corporation. Many different types of cyber crime exist in today’s world. They range from identity theft to computer viruses. One of the more damaging viruses was the W32.Sobig.f@mm bug that damaged many computers in late 2003. In order to be a successful business, you must combat all potential threats to your business.
With the increase in cybercrime and the fragile trust in using e-commerce in the balance, many organizations, including governmental agencies, have taken steps to combat this growing problem and restore consumer confidence in the use of Web-enabled technologies. Government agencies tend to be less common to be attacked by hackers than private industries, most likely because there is much more of a monetary incentive by hacking businesses with more money than government agencies on a budget. Interestingly enough, approximately 70% of attacks take place on power and energy industries. (Smith 2004)
How do we combat cyber criminals? Strangely enough, it all is in your mind. If we believe that there are many fail-safe methods that will prevent hackers from stealing data, we are more likely to trust that online site. Also, if hackers believe that it is harder to break into a particular site, they are more likely to not try. “Expectancy Theory may be a useful perspective in examining current policies, procedures, and practices in place at corporations in order to study and add meaning and understanding of the impacts of cybercrimes and cybersecurity measures on consumer confidence and, ultimately, the role they play in the use of the Internet as a means of procurement of goods and services.” (Smith 2004) When it comes to successful business and successful cyber criminal combat, follow the old adage, “Its all in your head!”
Model of combat against cyber criminals
Smith, A. (2004). Cybercriminal impacts on online business and consumer confidence. Online Information Review, 28(3), 224-234.
With the increase in cybercrime and the fragile trust in using e-commerce in the balance, many organizations, including governmental agencies, have taken steps to combat this growing problem and restore consumer confidence in the use of Web-enabled technologies. Government agencies tend to be less common to be attacked by hackers than private industries, most likely because there is much more of a monetary incentive by hacking businesses with more money than government agencies on a budget. Interestingly enough, approximately 70% of attacks take place on power and energy industries. (Smith 2004)
How do we combat cyber criminals? Strangely enough, it all is in your mind. If we believe that there are many fail-safe methods that will prevent hackers from stealing data, we are more likely to trust that online site. Also, if hackers believe that it is harder to break into a particular site, they are more likely to not try. “Expectancy Theory may be a useful perspective in examining current policies, procedures, and practices in place at corporations in order to study and add meaning and understanding of the impacts of cybercrimes and cybersecurity measures on consumer confidence and, ultimately, the role they play in the use of the Internet as a means of procurement of goods and services.” (Smith 2004) When it comes to successful business and successful cyber criminal combat, follow the old adage, “Its all in your head!”
Model of combat against cyber criminals
Smith, A. (2004). Cybercriminal impacts on online business and consumer confidence. Online Information Review, 28(3), 224-234.
this is an image of a computer hacker trying to crack a password.
2 comments:
What is the most likely purpose of hacking; to profit or to disrupt a system? And, I have never been the victim of any e-crimes. What is the probability that it will happen to me in the future?
We both work in banks so we can both understand the seriousness of this kind of matter in regards to how much it would affect people if certain programs get hacked into. What measures are being taken in financial institutions to make sure that peoples' personal information remains safe? Where is the future of banking going in regards to how many hackers are out there trying to steal identities and money?
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