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(solved) Assignment on Cyber Crime

   

Added on  2020-07-22

10 Pages3075 Words85 Views
Cyber-Crime

Table of ContentsINTRODUCTION...........................................................................................................................1Consequences of Cyber-crime: -.................................................................................................1Vulnerability is rising: - .............................................................................................................1Countering Cyber-Risk: - ...........................................................................................................2Using the principles and tools: -..................................................................................................3CONCLUSION ...............................................................................................................................7REFERENCES................................................................................................................................8

INTRODUCTIONCurrently the main International agenda is to management and reduce the risk of cyber crimewhich is continuously increasing with the encouragement in technology development and itsimpacts regarding to the security which could endanger the economy at global level. Accordingto the report of Global risk 2015 which was published by the World Economic Forum, includesthe stake warning that is around 90 percent of the companies have recognised that they are notsufficiently prepared to protect themselves against any type of Cyber-attack against theircompany (Vance, 2014).Consequences of Cyber Crime: -Majorly cyber-attack falls into two categories which are “breaches in the data security” and the“Sabotage”. Data security breach consists of personal data, trade secrets of the company, theirintellectual property and other information relating to mergers, prices and bids. Whereas,Sabotage consists of different forms such as denial of the service attacks, flood web services, aswell as other conventional efforts which can disable the infrastructure and system. In addition to this other commercial losses and problems which is regarding to maintenance ofpublic relations and other possibilities of the extortion. Introduction of cyber-attack may alsoexpose an organisation to its regulatory actions, claims for negligence and others. It is also verymuch important that the sufficient proportion of the cyber-crime which goes undetected, andother access to the confidential documents and the data in industrial espionages. Theseundetected security beaches can put a disadvantage and can results in the loss to the organisation.These crimes are operated across the border and to be secured from these cybercrime everytechnological sector is working in order to protect their valuable data to being stolen and others,for this responding to the cyber-attacks, both fine knowledge of law enforcement agencies andregulations along with global vision are highly required (Hay, Nance and Bishop, 2011). Vulnerability is rising: - Despite the best efforts from the cyber security experts, agencies and Government agencies thecyber-crime is continuously likely to increase. The rate in growth of cybercrime is also beingdriven with the increase in the expanding number of the online services available and otherenlightenment which are widely running from the range of the security agencies and cyberexperts. With the increase in the innovation of technology the rate and chances of online dangeralso increases, for an example the migration of critical data to the third-party cloud in which the1

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