This report focuses on how small businesses are falling victims to cybercrimes and how to deal with it. Cyber laws should be implemented and certain precautions should be taken to avoid cybercrimes. The report discusses cybercrimes, cybercrime laws, and necessary steps to protect small businesses.
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Running head: PROTECTING SMALL BUSINESS FROM CYBERCRIME Protecting small business from cybercrime Name of student Name of University Author note
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1PROTECTING SMALL BUSINESS FROM CYBERCRIME Executive Summary The report is on how small businesses are falling victims to cybercrimes. This report aims to lay down the cybercrimes that are taking place and how the business units should deal with it. The cyber laws should be adequately implemented and certain precautions should be taken to avoid cybercrimes.
2PROTECTING SMALL BUSINESS FROM CYBERCRIME Table of Contents Introduction......................................................................................................................................3 Discussion........................................................................................................................................3 Cybercrimes.................................................................................................................................3 Cybercrime laws..........................................................................................................................4 Conclusion.......................................................................................................................................4 References:......................................................................................................................................5
3PROTECTING SMALL BUSINESS FROM CYBERCRIME Introduction This paper focuses on how cybersecurity is an essential weapon to protect small businesses. To protect the small businesses, the owners must take adequate steps and resort to cyber protection in order to avoid crimes. Cyber laws have been framed to control the crimes that are taking place online like fraud, defamation, theft and others. Brief synopsis Small businesses do not give priority to cyber security as they think that hackers would not be bothered to attack their sites as they contain insignificant data, unlike top companies. This is the reason why small businesses have become the biggest victims of all time (Shackelford, 2014). Business owners should take certain steps like Anti-virus software should be installed and kept upto date, encrypting and encoding data which involves digital signature, SSL and new cryptology procedures to prevent crimes which takes place on the basis of block cipher process.. In case of robbery, it is hard for a third party to access the data unless a password is entered. There should be a password policy along with secured wi-fi network. The most necessary step is to educate the employees on how to keep their system secured as prevention is better than the cure("How to protect your small business from cybercrime", 2018).There should be clear policies for them to follow and to train them when security breaches take place. Implementation of Cybercrimes laws Cybercrimes are criminal activities involving computer networks or device. Cyber crimes that usually take place are cyber fraud that is committed in online auction and online retail, cyber theft where thieves steal data like victim’s identification to access the financial resources or phishing (Miller, 2013). The cyber laws have been created which determines the acts that are
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4PROTECTING SMALL BUSINESS FROM CYBERCRIME illegal and can cause harm to the computer system. The Computer Fraud and Abuse Act (CFAA) was enacted to deal with unauthorized access to computers. This Act empowers to search and to seize records from ISP, for protecting trade secrets and other information. Both civil and criminal suits can be brought against persons illegally accessing another’s computer or tampering with the data (Aggarwal, Arora & Ghai, 2014).Investigation powers have been given to authorities to conduct into the matters. Along with this, legislations have been made to protect the Intellectual properties. Reflection After going through the video, I feel that while running a business, one of the top priorities should be educating the employees. Aware employees can prevent the cyber attacks in a more efficient way. The second top priority should be keeping encrypted and well-secured systems so that it is not easy to retrieve materials easily. Conclusion The cybercrime industry is gaining success day by day, and there is no slowdown in the growth. The reason for such increase is lack of awareness and less protection in the small business unit. They keep finding innovative ways to steal information. To avoid such threats, necessary techniques and laws should be implemented
5PROTECTING SMALL BUSINESS FROM CYBERCRIME References: Aggarwal, P., Arora, P., & Ghai, R. (2014). Review on cybercrime and security.International Journal of Research in Engineering and Applied Sciences,2(1), 48-51. Howtoprotectyoursmallbusinessfromcybercrime.(2018).Retrievedfrom https://www.youtube.com/watch?v=hhgBFzTPHbE Miller, R. L. (2013).Fundamental of Business Law: Summarized Cases(Doctoral dissertation, South Western). Shackelford, S. J. (2014).Managing cyber attacks in international law, business, and relations: In search of cyber peace. Cambridge University Press.