Cybercrime as a Sustained Business

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Author(s): Calvin Nobles (Illinois Institute of Technology, USA), Sharon L. Burton (Capitol Technology University, USA)and Darrell Norman Burrell (Marymount University, USA)
Copyright: 2023
Pages: 23
Source title: Handbook of Research on Cybersecurity Risk in Contemporary Business Systems
Source Author(s)/Editor(s): Festus Fatai Adedoyin (Bournemouth University, UK)and Bryan Christiansen (Southern New Hampshire University, USA)
DOI: 10.4018/978-1-6684-7207-1.ch005

Keywords: Business & Management / Business Information Systems / Cyber and Network Security / Information Science Reference

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Abstract

While cybercrime continues to challenge governments, businesses, and people, cybercriminals are harvesting massive payoffs by engaging in malicious operations. A significant impediment to countering cybercrime is the lack of a standardized definition of cybercrime that transcends international boundaries and hegemonic societies. The extensive taxing on law enforcement organizations to pursue cybercrime across international borders contributes to normalizing cybercrime as a sustained business. As cybercrime evolves and challenges traditional defenses, new types of cybercrime are engineered as digitalization and internet-based activity increase. Unfortunately, policies, policing, legal authorities, and prosecution of cybercrime trail the escalating cybercriminal activity. Cybercriminals are mimicking traditional business models to offer nefarious services such as cybercrime-as-a-service and customer service support. Until progressive action with legal authorization is manifested by international and national organizations, cybercrime will be a sustained business for cybercriminals.

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