Cyber Crime Impact On Business

Cyber crime impact on Businesses

Bogdan Manolea

RITI dot-Gov

What is Cyber crime ?

Is it enough information on cyber crime ?

• Internet security has not become a boardroom priority in many organizations

• For example:– A Jupiter Executive Survey found that 29% of security

practitioners rate the risk of cyber-attacks as “low.”– CIO magazine found that 2/3 of the surveyed businesses did not

have a well-defined security plan in place.– The Small Business Pipeline found that 73% of small businesses

have no written security plan even though many estimate that any type of business interruption could cost the company upwards of $10,000 per day.

• Internet security budgets – lower than required

How to prevent Cyber crime

How to prevent Cyber crime

• Technical prevention

• Network administrator – Tasks– Role in the company organisation chart– Personal data and privacy

How to prevent Cyber crime

• Update OS

• Antivirus protection

• Anti-spam and Trojan protection

• Home banking and Internet banking

• Good legal policies

How to prevent Cyber crime

Using the computer at workplace – between efficiency and privacy

- Include the Policy on how to use Internet at workplace as a part of the labour contract

- Training the employees on usage of Internet and software

- Training the employees on how they should treat confidential information and the essential passwords

What to do with a cybercrime case ?

What to do with a cybercrime case ?

What to do with a cybercrime case ?

• To report it or not ? • Confidential information ; Public image• Be careful with digital evidences !

– Digital evidence is not obvious

– It is very “fragile” (can be easily modified or can disappear)

– Special protection measures are required in order to collect, seize or examine such evidence

Romanian Legal Framework on Cyber crime

• International conventions

• National Laws – Law 161/2003 – Section III– Law on e-commerce (365/2002)

• Guide for applying the Cyber crime law – www.riti-internews.ro – www.mcti.ro

Romanian Legal Framework on Cyber crime

• Offences against the confidentiality, integrity and availability of computer data and systems – Illegal access

– Illegal interception

• Computer-related offences – Computer-related forgery

– Computer-related fraud

• Content-related offences – Offences related to child pornography

Very tough punishments (up to 15 years in prison)

More about cyber crime

• Copyright related offences

• Financial fraud

• Cybersquatting – domain names conflict with trademarks

• Trade secrets revealed via electronic means

• Internet and software patents (USA vs. Europe)

More about Cyber crime

• Business– Intellectual Property (Trademarks, Copyright

and Patents)

• Employees– Involved in cyber crime cases – Other illegal activities

Where to report cyber crime cases in Romania ?

• Online portal set up by Ministry of Communications and Information Technology, operated together with Specialized Police and Prosecutor Offices

• www.efrauda.ro

• Specialized Police staff in every county in Romania

Where to report cyber crime cases?

• Internet Fraud Complaint Center (IFCC)

• http://www1.ifccfbi.gov/index.asp

• IFCC is a partnership between the Federal Bureau of Investigation (FBI) and the National White Collar Crime Center (NW3C).

Thank you !

Bogdan Manolea

bogdan@internews.org

0721 205 603

www.riti-internews.ro