Cybercrime and its impact on international business.

Cybercrime and its impact on International Business

Customer Full Name

University Name

8th April 2010

Contents

TOC \o "1-3 " \h \z \u HYPERLINK \l "_Toc2 " Introduction PAGEREF _Toc2 \h 3

HYPERLINK \l "_Toc3 " Opportunities for cyber criminals PAGEREF _Toc3 \h 3

HYPERLINK \l "_Toc4 " Impact of cyber crimes on business activities PAGEREF _Toc4 \h 4

HYPERLINK \l "_Toc5 " Types of cyber crimes and their impacts PAGEREF _Toc5 \h 6

HYPERLINK \l "_Toc6 " Fraud in telecom services PAGEREF _Toc6 \h 6

HYPERLINK \l "_Toc7 " Hacking into

computers to gain access to data PAGEREF _Toc7 \h 6

HYPERLINK \l "_Toc8 " Cyber Terrorists PAGEREF _Toc8 \h 7

HYPERLINK \l "_Toc9 " Piracy issues and counterfeiting PAGEREF _Toc9 \h 7

HYPERLINK \l "_Toc0 " Implications for businesses : what businesses need to do ? PAGEREF _Toc0 \h 7

HYPERLINK \l "_Toc1 " Venture in IT infrastructure and security PAGEREF _Toc1 \h 8

HYPERLINK \l "_Toc2 " Assessing financial impact of cyber frauds PAGEREF _Toc2 \h 8

HYPERLINK \l "_Toc3 " Conclusion PAGEREF _Toc3 \h 10 Introduction

Cyber crime can be referred to any illegal activity that is executed with the help of a computer . Such kinds of crimes have always been executed ever since the computer technology was introduced (Cross , F 2007 . With the advent of Internet , these crimes have gained an even faster pace . These thefts are not limited to enclosed vicinity Accessing to data of an organization while sitting in another part of the world through internet has now become extremely effortless . This has drastic affects on organizations . Stealing...