Term Paper: Concise Analysis of Trends in Cybercrime

Pages: 4 (1318 words)  ·  Bibliography Sources: 13  ·  Level: Master's  ·  Topic: Criminal Justice  ·  Buy This Paper

SAMPLE EXCERPT:

[. . .] What are law enforcement initiatives to combat this crime?

With ransomware on the rise and the cybercrime trend becoming all the more a major threat, law enforcement have come up with initiatives to tackle ransomware. For instance, Europol and Dutch National Police together with Kaspersky Lab and Intel Security have unveiled a novel initiative to combat ransomware and the cybercriminals responsible referred to as "No More Ransom." In particular, this is a newfangled online portal that is purposed as notifying and enlightening the general public regarding the harms of ransomware and assisting the cybercrime victims to have the capacity to recover their data devoid of having to pay the demanded ransoms to cyber criminals. With tools being discovered for decrypting locked systems together with files, the solutions and ways out are laid out on the site of the initiative and makes it possible for any individual who need to unlock their systems and files to have free accessibility (CTC Networks, n.d). Moreover, the website offers victims with comprehensive advice on how to evade data and information being taken bait by ransomware, in addition to providing more than 160,000 decryption keys in any instances of computer files or systems becoming infected by malware. Law enforcements are progressively more encouraging the victims to avoid paying any demanded ransoms in the event that their computers become infected but rather report such instances immediately to the authorities. The Federal Bureau of Investigation (FBI) is requesting ransomware victims to reach out to their immediate local law enforcement offices and also file an official complaint with the Internet Crime Compliant Center detailing a number of details regarding the malware infection, comprising the date when such infection took place, company data and information, ransomware variant. This is largely for the reason that the law enforcement agency is trying to make it clear to victims that the payment to the victims does not offer any kind of guarantee in regaining access to the data that is locked. Moreover, such payment only emboldens the cyber criminals to further advance their agendas. (The Sun Daily, 2016).

What are penalties for committing these crimes?

A bill introduced in the legislature in Maryland is outlining the penalties for committing ransomware crimes. From the outset, the bill delineates ransomware attacks as being felonies that would inflict a penalty of jail time up to 10 years and a fine amount of up to $10,000. In the present period, ransomware attacks are taken into account by extortion statutes for Maryland, in which the penalties vary from a malfeasance that bears a fine of a maximum amount of $1,000 and a prison sentence of up to 18 months to a felony that bears a $25,000 maximum amount in fines and up to 25 years in prison. The implication of this new bill is that perpetrators who force from victims amounts less than $1,000 through the use of ransomware can face felony charges rather than misdemeanors. Moreover, the new bill permits victims to lay legal suits for damages in civil court. In particular, this provision is deemed as being fundamental taking into consideration that it offers the cybercrime victims recourse and remedy devoid of having to wait for state prosecutors to follow their case (Taylor, 2017).

References

Chidambaram, V. (2012). The Profile of a Cyber Criminal. PC Advisor. Retrieved from: http://www.pcadvisor.co.uk/feature/security/profile-of-cyber-criminal-3330068/

CTC Networks. (n.d). Combined Forces Tackle Ransomware Threats. Retrieved from: https://www.ctcnetworks.com/combined-forces-tackle-ransomware-threats/

Ellyatt, H. (2016). The 2016 trends in cybercrime that you need to know about. CNBC. Retrieved from: http://www.cnbc.com/2016/09/28/the-2016-trends-in-cybercrime-that-you-need-to-know-about.html

Khanse, A. (2014). Types of Cybercrime Acts and Preventive Measures. The Windows Club. Retrieved from: http://www.thewindowsclub.com/types-cybercrime

Rock, A. (2016). Cybercrime Gets Personal. Time. Retrieved from: http://time.com/money/page/ransomware-remove-prevention/

Taylor, J. (2017). Bill Introduces Criminal, Civil Penalties for Ransomware. CNBC. Retrieved from: http://www.nbcwashington.com/blogs/first-read-dmv/Bill-Introduces-Criminal-Civil-Penalties-for-Ransomware -- 413079483.html

The Sun Daily. (2016). Police, cyber firms tackle 'ransomware' hacking threat. Retrieved from: http://www.thesundaily.my/news/1913106 [END OF PREVIEW]

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