MIS 2101 Section 701 – Amy Lavin

Online Assaults By Hackers and Scammers Is Soaring!

https://olivermcgee.wordpress.com/2014/10/08/online-assaults-by-hackers-scammers-is-soaring/

 

“Cyber crime is a growth industry. The returns are great, and the risks are low,” says the Center for Strategic and International Studies. “We estimate that the likely annual cost to the global economy from cyber crime is more than $400 billion. A conservative estimate would be $375 billion in losses, while the maximum could be as much as $575 billion. Even the smallest of these figures is more than the national income of most countries and governments and companies underestimate how much risk they face from cyber crime and how quickly this risk can grow.”

1.  While cyber crime is on the rise and happening more frequently, will it change the way that we do business?

2.  In what way might you currently be in the path to be a victim of a cyber crime? What precautions will you take to prevent anything from happening?

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