Cyber Crime Game Players By Marharyta Abreu & Iwona Sornat

There is no way to get rid of the cyber crime, but it is possible to limit it by making society aware of existing threats and methods used by hackers to deceive potential victims.

Cyber Crime Definition  What the cyber crime really means???????  The U.S. Department of Justice - expanded definition of cybercrime

Who are the cyber game players?  Governmental and non-governmental parties 1. Hacktivist groups 2. Big military superpowers - cyberspace as the fifth domain in warfare 3. Big software companies 4. Security companies 5. Traditional cyber-criminals and cyber-criminal gangs

History and Trends  60’s - physical damage to computer`s systems and long distance telephone networks subversion  80`s – malicious software (viruses, worms and Trojan horses)  1995 – Internet commercialized, cyber crime definition really born  End of 90`s - credit card fraud as border category of identity theft  Mid 2000s - hardware Trojans designed

Cyber Game Players: Hacktivists  The Saudi and Israeli hacktivists  Attacks on official websites of Saudi  publishing the passwords of nearly a hundred Saudi university students (Anonymous 972 )  Release of credit card numbers and other sensitive information that affected about 14,000 (xOmar)  Anonymous group

Cyber Game Players: Big military superpowers  China's cyber warfare skills - penetration the U.S. electric grid, - gained access to U.S. government and corporate networks  Japan engaged recently in cyber activity

Cyber Crime Game Players: Big software companies  Apple, Adobe and Microsoft  Create the software which runs on all computers  New zero-day exploits  “Operation Aurora” - Google, Adobe, Juniper Networks, Rackspace, Symantec, Northrop Grumman, Morgan Stanley and Dow Chemical

Cyber Crime Game Players: Security Companies  Security companies might be susceptible to attacks – RSA attacks  Counter – espionage - The Mykonos software

Cyber Crime Game Players: Cyber-criminals and cyber- criminal gangs  Most originate from US, China, and Eastern Europe and focus on: 1. Stealing financial information - Eastern Europe 2. Intellectual property - China 3. Cooperation of cyber gangs and street gangs for extortion or industrial espionage - US

Accounting for Cyber Security  SEC guidance issued in 2011 requires disclosure of material cybersecurity risks and cyber events.  Possible effect on F/S: 1. Remediation costs 2. Increased protection costs 3. Litigation 4. Reputational damage 5. Loss of revenues