Wednesday, February 27, 2013

Computer Forensics

Evolution of Cybercrime

Computer Forensics Evolution of Cybercrime

Evolution of Cybercrime The digital get on is in full swing. Corporations, businesses, state and local government offices, as well as educational institutions have begun to embrace the development and life cycle of this ever so changing cyber land culminating before us. These institutions are seeing positive returns by utilizing technologies to automate functions that were once performed manually, thereby reducing overhead costs and arising up new revenue streams. With that being said, there is as well as a dark side to this chaotic push toward cyber power. agree to the Regional Computer Forensics Laboratory (RCFL), in 2006 the average cybercrimes inform across all RCFL branches in the U.S. accounted for 45%, the most crimes move amongst all crime classifications in America (1). These reports showed that virus befoulment was the number one cause for financial losses in spite of appearance these types of institutions, followed by unauthorized access to information, laptop or spry hardware theft, theft of proprietary information, denial of service, financial fraud, insider subvert of network access or e-mail, and telecom fraud.

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The Internet criminal offence Complaint Center (IC3), reports show a slight puke of complaints from 2005 to 2006, but attribute this partly to better knowledge and thought of the validity of these complaints. Dollar loss attributed to cybercrimes showed an change magnitude from 68.1 million in 2004, to 183.1 million 2005, and 198.4 million in 2006; a staggering increase from 2004 to 2005 (2). One stat that does not seem to be listed under all of these reports is identity theft. This attributed 49.3 billion dollars in losses which accounted for 3.7% of the American inhabited in 2006. Though down from 4% in 2005, these total only prove that cybercriminals are keeping a honourable pace ahead of law enforcement and digital crime investigators (3).

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