A multi-level approach to understanding the impact of cyber crime on the financial sector Resume by: Group 3
STUDY PURPOSE This paper puts forward a multi-level model, based on system dynamics methodology, to understand the impact of cyber crime on the financial sector.
BACKGROUND Human dependency on digital communication and other networked technologies for tasks ranging from simple web browsing for information to far more important and critical tasks, such as monetary transactions and power grid control and operation, has steadily increased since the initiation of the Internet. Fundamental objectives : innovation, collaboration, productivity, competitiveness and leadership
PROBLEM “The advantages of the Internet come with risks” The expansion of cyber functionalities has, however, also opened up new opportunities for people to carry out criminal activities online, and/or to use the Internet as a medium for their criminal objectives. While organizations and individuals are exploiting its business benefits they may not realize that cyberspace confers the same benefits on those who wish to attack them.
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- Fall '12
- Michael R. Carrell, Christina Heavrin, J.D.
- Economics, impact of cyber crime