Cyber Crime And Cyber Terrorism - 1801 Words

Cyber risks can be divided into the following groups (Marsh, 2013): 1. Physical loss of systems – Physical information technologies systems, i.e., computers, servers and other electronic equipment are required for the cyber activity. Consequently, it is very important to consider the risks related to the damage or loss of the physical electronic equipment. Risks can be for example, internal water damage in the office building damaging the computers and other equipment or fire in server room as a result of temperature change and other risks. 2. Cyber-crime and cyber terrorism – Cyber-crime is illegal actions taken by criminals for financial gain, which is done by the use of the internet and other electronic systems in order to illegally access or attack information and services used by business and citizens (CabinetOffice, 2011). Acts that are directed towards the influencing or defeating the particular government or state are called cyber terrorism. Businesses operating in areas that are linked to the government, for example communications, transport, health must be most concerned to cyber terrorism; as they are the biggest target for a cyber-terrorism attacks (Marsh, 2013). Cyber-crime cost of UK business and citizens is valued at  £27 billion annually. A considerable portion of this cost comes from the theft of intellectual property, which is estimated at  £9.2 billion. The main loser as a result of cyber-crime is UK business which cost is estimated at  £21 billion. MainShow MoreRelatedHow to Overcome Cyb er Terrorism and Cyber Crime2458 Words   |  10 PagesCERTAINTY OF CONTRACT There are two aspects to the issue of uncertainty. (1) The language used may be too vogue in which case, the court is likely to hold that there is no concluded agreement , the contract is void for uncertainty. (2) Failure to reach agreement on a vital or fundamental term of an agreement. SECTION 30 1. Agreements, the meaning of which is not uncertain, or capable of being made certain, are void. * If A agrees to sell to B ‘a hundred tons of oil’ , thereRead MoreCyber Security Is A Growing Concern For Governments Around The World1296 Words   |  6 PagesGlobal Cooperation for Cyber Security Cyber Security is a growing concern for governments around the world. Cyber-attacks pose a direct threat to the security of the nations’ critical infrastructures and Information Technologies (IT) as a low-cost asymmetric warfare element. Most of these nations are aware of the vulnerability of the information technologies and the significance of protecting critical infrastructures. To counteract the threat of potentially disastrous cyber-attacks, nations’ policyRead MoreThe Patriot Act Title Vii Section 814 And 8161429 Words   |  6 PagesSection 814 and 816. These sections of the Patriot Act protects the citizens of The United States from the world’s newest form of terror; Cyber-Terrorism. 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