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What is the impact of cybercrime to the economy

What is the impact of cybercrime to the economy

Internet-related crime occurs every minute. Cybercriminals steal millions of dollars with near impunity. For everyone that is captured nearly 10,000 or not captured. For every one successful prosecuted in a court of law, 100 get off without punishment or with a warning. Why is it so difficult to prosecute cybercriminals?

Discuss along these lines.
Introduction.
What is cybercrime? Provide examples of cybercrime.
What is the impact of cybercrime to the economy?
Discuss reasons for the difficulties in prosecute cybercriminals.
Discuss some ways these difficulties can be address.

References
Ajayi, E. F. G.. (2016). Review Challenges to enforcement of cyber-crimes laws and policy.  Journal of Internet and Information Systems, 6(1), https://doi.org/10.5897/JIIS2015.0089

Cybersecurity Deterrents to Cybercrimes: An Assessment of Effectiveness
https://search.proquest.com/docview/2283387388?pq-origsite=gscholar&fromopenview=true

Rowe, B.I. (2020). Transnational state-sponsored cyber economic espionage: a legal quagmire. Secur J 33, 63–82. https://doi.org/10.1057/s41284-019-00197-3

 

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What is the impact of cybercrime to the economy

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