Executive Summary for 2012 Cost of Cyber Crime Study: United States - Essay Example

Only on StudentShare

Extract of sample
Executive Summary for 2012 Cost of Cyber Crime Study: United States

Similar to the previous studies, this study also concludes that the major impact of cyber-crime is the loss of data or information. In addition to these findings, there are three more key conclusions reached. The first one is that cyber-crimes are costly and in this regard, the researchers have found that the annual cost of cyber-crimes amounts to an average of $ 8.9 million, which shows an increase of 6 % as compared to the previous year’s costs. Secondly, the research also concludes that cyber-crimes have become common practices, which increased by 42 percent in 2012 as compared to the previous year’s figures. Lastly, it has been concluded in the study that the majority of cyber-crimes, which are costly too, occur due to “denial of service,” “malicious insiders,” and “web-based attacks.” In addition, the research work provided a conclusion that if organizations are not able to resolve the impacts related to cyber-crimes, their costs may increase. The research work has also determined that it takes around 24 days for an organization to deal with a cyber-crime, while a cost of $ 591,780 is incurred during this problem resolution period. ...Show more

Summary

Summary of Part 1 The first part of the report presents a summary of the case study conducted in relation to cost of cyber-crime in the United States. This study is a continuation of the two studies carried out earlier on the same area of cyber-crime…
Author : rempeltrenton
Executive Summary for 2012 Cost of Cyber Crime Study: United States essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Executive Summary for 2012 Cost of Cyber Crime Study: United States"
with a personal 20% discount.
Grab the best paper

Related Essays

Cyber crime
3.5m. The article involved Weatherhead and his three co-conspirators, Ashley Rhodes, 28, of south London, Peter Gibson, 24, of Hartlepool, and an 18-year-old from Chester where they carried out an online attack at PayPal using distributed denial of services (DDoS).
3 pages (750 words) Essay
The study of organized crime United States of America vs. Afghanistan
. The impact is significant. Initially, corruption facilitates drug trafficking, organized crime, money laundering and illicit international money transfers, which can be used to support mechanisms for international terrorists. But the toll on an impoverished nation is even more devastating and real.
10 pages (2500 words) Essay
Models of Organized Crime Executive Summary
or markets, internal or foreign, by means of violence, intimidation or corruption, both in furtherance of criminal activity and to infiltrate the legitimate economy” (Abadinsky, n.d., p. 2). Empirical study endeavored to understand its structure and interrelationships that
2 pages (500 words) Essay
Cyber crime
The article involved Weatherhead and his three co-conspirators, Ashley Rhodes, 28, of south London, Peter Gibson, 24, of Hartlepool, and an
3 pages (750 words) Essay
Executive Summary
This paper aims at analyzing modern situations in the Music retail industry, by providing an overview of the business and the business plan. In addition, the paper shall succinctly provide the SWOT analysis and identify the key stakeholders
2 pages (500 words) Essay
Executive Summary for 2012 Cost of Cyber Crime Study: United States
The research aimed at investigating the economic implications of the cyber-crimes and understanding the trends in costs associated with them. This aim has been based on the premise that the understanding of the costs related to cyber-crimes would
3 pages (750 words) Essay
Executive summary
Inability to track the spending lead to affected budgeting and the business is prone to failing. Budgeting is a part and the backbone of survival of most businesses to establish the direction and the progress. One is hence not accountable on the
1 pages (250 words) Essay
Cyber Crime
This presents an unfortunate situation since even the most careful online shoppers are not guaranteed 100% protection from identity theft or credit card fraud. One of the latest
1 pages (250 words) Essay
Executive Summary
Typical products include clothing accessories for all occasions, including fashion and sports. As a means of enhancing the product aspects, the company blends techniques such as
1 pages (250 words) Essay
Crime rate in United States of America
Population has a direct impact on crime rate and the occurrence of the same in the society. For instance Merlo (2003) attributes the drop in crime rate rates to factors such as the demographic factors and their occurrence in the society. They justify this by pointing out to the fact that the drop in crime rate in the 90’s is due to the growth of the police force by 35 percent something that led to a lot of arrests and rise in the number of prison inmates by 24 percent.
5 pages (1250 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT