Chapter 1
- What makes cybercrime attractive for criminals?
Cybercrime is a very profitable business model with relatively few risks for the attacker. The proceeds from cybercrime grow every year and it is uncommon that an attacker is caught and made to face consequences for their actions. (Section: Why cybercrime is here to stay – a profitable business model)
- Why is cybercrime damaging to companies and the larger economy?
Identity theft is a global problem costing the economy trillions of dollars per year. Intellectual property theft can be very damaging to individual companies as detailed in the American Semiconductor case. In some cases, such as the Colonial Pipeline attack, cybercrime can also cause outages in critical infrastructure. (Section: The macro-economic cost of cybercrime)
- What are governments doing to convince organizations to harden their defenses?
Regulations such as the GDPR in the European Union and the CCPA in California...