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Saturday, December 21, 2019

A Brief Note On Malware And The Internet - 963 Words

Fraud comes in many forms and often involves hacking. There are so many industries that are vulnerable to fraud because it can affect the masses with just one technique. Malware and Phishing are two common fraud techniques used by hackers. It is their mission to obtain sensitive information from their target or targets at any cost. Malware alters a computer’s operation that is used by hackers to gather sensitive information from unsuspecting companies and individuals. Malware collects passwords, bank information, social security numbers, internet surfing habits, etc. Malware can exist in the form of code, scripts, active content, and other software (â€Å"Common Fraud†, n.d.). Malware includes viruses, worms, rootkits, Trojan horses,†¦show more content†¦NW3C provides resources that aid in the prevention, investigation, and prosecution of fraud crimes. Cyber-terrorism is a threat that is greater than basic malware or phishing. Cyber-terrorism affects national s ecurity, which is why it is a significant threat to society. The internet creates endless opportunities for cyber-terrorists to wreak havoc on the United States. Additionally, the anonymity the internet provides only adds fuel to the fire. Cyber-terrorism is a large-scale attack that targets governments and organizations. It is often used for economic gain and the goal is destruction. The world is driven by technology and everyone is connected. Protection methods exist, but it is possible that they can be defeated. Therefore, it is naive to think that other governments do not have the power to bring society to its knees using cyber-terrorism. For example, â€Å"China has been linked by U.S. intelligence agencies to wide-ranging cyber-attacks aimed at stealing information and mapping critical computer networks for future attacks in a crisis or conflict (Gertz, 2016)†. A noteworthy cyber-terrorism attack was the North Korea computer attack on Sony Pictures Entertainment. The at tack was revenge for Sony s strategic release of a movie surrounding the assassination of the North Korean leader. â€Å"The attackShow MoreRelatedCredit Union s Reliance On Third Party Service1423 Words   |  6 Pagescyber-event. FFIEC notes five categories of cyber risks credit unions and their third-party service providers will need to address when updating their BCPs: 1) malware, 2) insider threats, 3) data or systems destruction and corruption, 4) communication infrastructure disruption, 5) and simultaneous attack on financial institutions and technology service providers. Below is a brief description of the five categories and FFIEC’s recommendations: Malware. The use of malware in cyber-attacks againstRead MoreThe Security Of Information Security3427 Words   |  14 PagesThis document is only a brief synopsis of the ever-expanding and demanding field of information security. 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