Book Chapter
Falling Prey to Cybercrime: Implications for Business and the Economy
Espionage, "the practice of spying or using spies to obtain information about the plans and activities especially of a foreign government or a competing company"1 is pervasive in the United States. Foreign governments and criminal networks are stealing our ideas, counterfeiting our goods, and putting our future economic wellbeing at risk. The number of businesses falling victim to these crimes increases daily, and no sector is without compromise. Secretary of Commerce Gary Locke recently stated that, "every year, American companies in fields as diverse as energy, technology, entertainment and pharmaceuticals lose between $200–$250 billion to counterfeiting and piracy."2 But it is not just about counterfeiting and piracy; companies and governments regularly face attempts by others to gain unauthorized access through the Internet to their data and information technology systems by, for example, masquerading as authorized users or through the surreptitious introduction of malicious software....
The entire chapter may be downloaded below.
1 Merriam-Webster's Dictionary, 11th ed.
2 Secretary of Commerce Gary Locke (Remarks at the Washington International Trade Association, Washington, D.C., July 22, 2009).
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Science, Technology, and Public Policy
For Academic Citation:
Hathaway, Melissa E.. “Falling Prey to Cybercrime: Implications for Business and the Economy.” In Securing Cyberspace: A New Domain for National Security. February 2012. 145-157.
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Espionage, "the practice of spying or using spies to obtain information about the plans and activities especially of a foreign government or a competing company"1 is pervasive in the United States. Foreign governments and criminal networks are stealing our ideas, counterfeiting our goods, and putting our future economic wellbeing at risk. The number of businesses falling victim to these crimes increases daily, and no sector is without compromise. Secretary of Commerce Gary Locke recently stated that, "every year, American companies in fields as diverse as energy, technology, entertainment and pharmaceuticals lose between $200–$250 billion to counterfeiting and piracy."2 But it is not just about counterfeiting and piracy; companies and governments regularly face attempts by others to gain unauthorized access through the Internet to their data and information technology systems by, for example, masquerading as authorized users or through the surreptitious introduction of malicious software....
The entire chapter may be downloaded below.
1 Merriam-Webster's Dictionary, 11th ed.
2 Secretary of Commerce Gary Locke (Remarks at the Washington International Trade Association, Washington, D.C., July 22, 2009).
- Recommended
- In the Spotlight
- Most Viewed
Recommended
Report - Intelligence Project
Report: Marking the CIA’s 75th Anniversary: Reflections on the Past, Visions of the Future
Journal Article - Quarterly Journal: International Security
Strategic Substitution: China’s Search for Coercive Leverage in the Information Age
Magazine Article - Arms Control Today
Negative Security Assurances After Russia’s Invasion of Ukraine
In the Spotlight
Most Viewed
Analysis & Opinions - The New York Times
How ChatGPT Hijacks Democracy
Journal Article - Research Policy
The Relationship Between Science and Technology
Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School
Ideal Qualities of a Successful Diplomat