Introduction

    Crime has always been a part of society from as long as there have been written words there have been rules or laws that exist in that society; and there have been people who broke those laws. Some say that crimes are committed just because people want to, but a more conventional train of thought believes that the reason for crime include, economic gain, power, greed, anger, jealousy, passion, boredom, opportunity, vandalism, or even politics and these can all be found as reasons given for committing a cyber crime.

Computers have become interwoven into the fabric of modern society. They manage our communications, our power grid, and our financial markets and are a part of almost every aspect of our lives. As the technology of computers becomes more advanced so have the crimes. The two entities that have borne the brunt of these crimes are corporations and govt. The purpose of this blog is to examine the impact of cybercrime on corporations both financially and culturally. According to a study from McAfee, in 2008 data theft and breaches from cyber crime may have cost businesses as much as $1 trillion globally. McAfee made the projection based on responses to a survey of more than 800 chief information officers in the U.S., United Kingdom, Germany, Japan, China, India, Brazil, and Dubai.

The respondents estimated that they lost data worth a total of $4.6 billion and spent about $600 million cleaning up after breaches, McAfee said.

The Purpose of this blog is to look at the industry that is cybercrime and analyze its impact on the corporate world. Although it is a negative action, I would dare to say it actually a necessity of our global economy. Many innovations and a whole business industry has been born out of it. The side affect of cybercrime is the generating of money, both illegally and illegally. We will look at this. I will also like to demonstrate how the complexity of cybercrimes directly reflects the advances in computer technology. I believe that Moore’s law can be applied to cybercrime conceptually. There has yet to be an advance in the computer world that hasn’t had the potential to be exploited for misuse and criminal activity.

I plan to look at several cases of cybercrime ranging from the inception of the Internet all the way to the present day and to explore how the corporate world reacted to those attacks. I will also look at the proactive measures were and will potentially be taken as well as the new technologies that have been created in response.

Gonzales, Randy () A Classical View - Why Do People Commit Crimes? ezineArticles.com

Retrieved oon march 29, 2010 from http://EzineArticles.com/?expert=Randy_Gonzalez 

Mills, Eleanor. (2009, January). Study: Cybercrime cost firms $1 trillion globally. CNet News.Com. 

Retrieved on April 4, 2010 from http://news.cnet.com/8301-1009_3-10152246-83.html