Cybercrime – What is it?
In fact, what does the word Cyber really mean in the context of our everyday lives? In 1971 where PCs and servers did not exist in the way we use them today and Cyber was a word to describe scary-looking robots, then the first networked electronic email (in a form we would recognise today), was sent by Ray Tomlinson to other computers over the ARPANET (the pre-curser to modern networking), one generation later, over 40 trillion emails are sent every year.
This statistic represents the startling growth of networking in the past 45 years. The resulting “Internet of Things“ is now integrated into every part of our lives, from banking, shopping and education to healthcare and everyday business. At last count, Cisco estimated about 8.7 billion devices were connected to the internet by the end of 2012. The rapidity of growth of this critical and burgeoning technology has fundamentally changed the world as we know it and it provides a long list of obvious benefits.
The consequences of such rapid growth, however, are now becoming more apparent as not a day goes by without a news story of the devastating crime associated with something that touches nearly every part of our daily life. While the technology that tackles this is getting more and more sophisticated by the day (there are now entire conferences dedicated to Cybercrime), the understanding of what Cybercrime actually is woefully lacking.
Many businesses fall into the trap of basing their security strategy on an out of date perception based on the risks from 10 years ago. Aided and abetted by misinformation, confusion and naivety, the “human” element is also all too often crucially ignored, which means that phishing and pharming are now becoming incredibly lucrative ways for making money and collecting valuable data, undetected from many organisations.
A Ponemon study revealed that of 39
UK companies surveyed…
UK companies surveyed…
Ponemon conduct independent research on privacy, data protection and information security policy. Click here to view their website.
Cybercrime flourished during the 1970s and has grown exponentially ever since.
Take a look at some of the headline events the word has been treated to since the Blue Box with headline events…
In 1986 Clifford Stoll was one of the first engineers to use a ‘honey pot’ to lure hackers back into his network, ultimately to track down an unauthorised user who was stealing and selling military information to the KGB.