Inadequate response to threat from cybercriminalsInadequate response to threat from cybercriminals

 
 
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Inadequate response to threat from cybercriminals

Paris, 9 November 1999 - Advances in technology have created new vulnerabilities for companies engaged in electronic commerce - but so far there has been only a feeble response from business and law enforcement, Brian M. Jenkins, an authority on international crime and terrorism, told the ICC World Council today.

Addressing the twice-yearly meeting of the Council, Mr Jenkins said the brief history of cybercrime suggests that it will grow as the Internet expands. According to one estimate, electronic commerce transactions will reach more than one trillion dollars by 2003, he added.

Stressing that estimates of losses vary wildly, Mr Jenkins said it was clear that cybercrime was pervasive. One survey showed that between of 50% and 64% of large firms were reporting breaches of their information systems. Other studies suggested that a great deal of cybercrime went undetected.

Mr Jenkins listed intrusions into information systems, theft of intellectual property, disruptions and deliberate denials of service among categories of cybercrime.

"We are also seeing an increasing malevolence on the part of hackers whose activities are designed to cause serious disruptions. Attacks from a multiplicity of locations are becoming more frequent, so that the perpetrator is difficult to identify and sometimes operates in total obscurity," Mr Jenkins told his business audience.

While acknowledging business efforts to achieve self-regulation on the Internet, Mr Jenkins said: "Sooner or later you have to call a cop. However, e-commerce is borderless while laws end at frontiers." He noted a distinct reluctance on the part of prosecutors to take action against cybercriminals and said convictions were rare.

He said ICC had made cybercrime a priority issue, and had therefore set up a special cybercrime unit as part of its London-based Commercial Crime Services. The unit's functions include providing an early warning system, analysis of criminal methods, and provision of expert advice on the security of information systems.

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