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Cyber Crime – Paying the Price of Technology

Computer networking becomes an ever-increasing part of our existence, and we pay for such advancements.

There is an age-old saying that everything in life comes with a price tag. Take the example of telecommunications, which has taken giant leaps recently. Computers and the internet have become accessible to the majority of people worldwide and have become an integral part of how we live, communicate and do business. The advancement of information technology has increased connectivity, information dissemination and accessibility, work efficiency and productivity, and it has also brought with it the menacing side-effect of superior technology – cyber crime.

The most alarming part of all cyber crime is that it can engulf the whole world in a matter of seconds. The proficiency with which hackers are committing these impossible-to-catch cyber crimes has left the world of information technology users in a stunned and shocked state. The threat it poses is massive as is its expanse and coverage. Defense, finance, aviation, space technology and many more vital pockets of the governments of nearly all countries of the world are almost at the mercy of these hackers whose activities go unabated for one simple reason: there are not enough laws to punish such crimes or criminals who commit them. This tremendous gap in the legal administration has left most business operations almost at the mercy of these unscrupulous hackers. Businesses are now as vulnerable as never before, all because of cyber crime.

Perhaps the only way one can safeguard one’s business against cyber crime is preventive precaution such as firewalls and spyware tools. While this seems to be the only way available right now, unfortunately it is not yet fool-proof. Hackers can easily break through any network security system, which makes information stored vulnerable. When this information is of national or international significance, the government agency is nearly held at ransom if the information is leaked. The great achievement of cyber crime is that it knows no national or international geographical boundaries. The ease of breaking through critical computer networks are making several political, defense and other classified information accessible to the hackers. Several of these hacks occur with big monetary gains being planned as the final outcome, when hackers sell various strategic information related to one country to an opponent country for money.

One of the reasons why cyber crime goes unabated is because of the difficulty to track and nab the criminals. Usually operating in large groups, they could be located anywhere in the world and be operating from any remote corner of the globe. This makes it extremely easy for them to hoodwink the arms of law and other security enforcement agencies. The hackers who access information about one country could be physically located in another country which is on the other side of the globe.

To control or eliminate cyber crime, the government and other national and international security agencies should sit together and chalk a legal framework and plan of action which can make slipping away by the criminals a near impossibility. Spyware tools exist to help monitor and prevent cyber crime, but still have limitations.
 
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