Computer Crime and Cyber-Terrorism Essay Example | Topics and Well Written Essays - 2000 words

Computer Crime and Cyber-Terrorism - bear witness ExampleYet another dangerous result of the developments in technology and the availability of the Internet has occurred in the field of cyberterrorism, offering terrorists an expanded platform from which to propagate their ideas and launch their attacks (www.ntrg.cs.tcd.ie).Online crime has now become a multi-billion dollar business. Hackers are becoming increasingly sophisticated in the means they use to get users to chance on confidential financial and personal information, which is then misused. According to an expert in online risk management, the world of figurer security is increasingly under threat because users leave large online footprints.(Lush, 2007). Online crime may be of triple types phishing, malware, and corporate attacks.Phishing is the practice of sending emails with links that direct users to websites where they unwittingly disclose confidential data or expose their systems to malicious software. It is mainly fi nancial institutions that are targeted through such methods, with the number of such websites world estimated at 55,000 in April 2007 (Lush, 2007). Malware and corporate attacks may destroy or steal confidential business and customer data or may convert a computer system into a bot, whereby it is controlled by soul else who gains access to all the sensitive information that is present on the computer. Banks are most often the targets of online crimes. In a recent study conducted at the University of Berkeley, the Bank of America was found to be the largest target of individuation theft, followed by other banks such as HSBC and Washington Mutual (Seltzer, 2008).