The Global Cybercrime Industry: Economic, Institutional and Strategic Perspectives

by Nir Kshetri

Overview

The Internet’s rapid diffusion and digitization of economic activities have led to the emergence of a new breed of criminals. Economic, political, and social impacts impacts of these cyber-criminals’ activities have received considerable attention in recent years. Individuals, businesses, and governments rightfully worry about the security of their systems, networks, and IT infrastructures. Looking at the patterns of cybercrimes, it is apparent that many underlying assumptions about crimes are—awed, unrealistic, and implausible to explain this new form of criminality. The empirical records regarding crime patterns and stra- gies to avoid and—ght crimes run counter to the functioning of the cyberworld. The fields of hacking and cybercrime have also undergone political, social, and psychological metamorphosis. The cybercrime industry is a comparatively young area of inquiry. While there has been an agreement that the global cybercrime industry is tremendously huge, little is known about its exact size and structure. Very few published studies have examined economic and institutional factors that influence strategies and behaviors of various actors associated with the cybercrime industry. Theorists are also debating as to the best way to comprehend the actions of cyber criminals and hackers and the symbiotic relationships they have with various players.

Product Details

ISBN-13:	9783642424052
Publisher:	Springer Berlin Heidelberg
Publication date:	10/30/2014
Edition description:	2010
Pages:	252
Product dimensions:	6.10(w) x 9.25(h) x (d)

Table of Contents

The Global Cybercrime Industry and Its Structure: Relevant Actors, Motivations, Threats, and Countermeasures.- Simple Economics of Cybercrime and the Vicious Circle.- An Institutional Perspective on Cybercrimes.- Increasing Returns and Externality in Cybercrimes.- Institutional Field Evolved Around Cybercrimes.- Information and Communications Technologies, Cyberattacks, and Strategic Asymmetry.- Global Heterogeneity in the Pattern of the Cybercrime Industry.- Structure of Cybercrime in Developing Economies.- Institutional and Economic Foundations of Cybercrime Business Models.- The Global Click Fraud Industry.- Concluding Remarks and Implications.