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Date: November 22, 2024 Fri
Time: 11:46 am
Time: 11:46 am
Results for espionage
3 results foundAuthor: Collins, Matthew L. Title: Spotlight On: Insider Theft of Intellectual Property Inside the United States Involving Foreign Governments or Organizations Summary: This is the sixth entry in the Spotlight On series published by the CERT® Insider Threat Center. Each entry focuses on a specific area of threat to organizations from their current or former employees, contractors, or business partners and presents analysis based on hundreds of actual insider threat cases cataloged in the CERT insider threat database. This entry in the series focuses on insiders who stole intellectual property (IP), such as source code, scientific formulas, engineering drawings, strategic plans, or proposals, from their organizations to benefit a foreign entity. This technical note defines IP and insider theft of IP, explains the criteria used to select cases for this examination, gives a snapshot of the insiders involved in these cases, and summarizes some of the cases themselves. Finally, it provides recommendations for mitigating the risk of similar incidents of insider threat. Details: Pittsburgh, PA: Carnegie Mellon University, Software Engineering Institute, 2013. 18p. Source: Internet Resource: TECHNICAL NOTE CMU/SEI-2013-TN-009; Accessed May 28, 2013 at: http://www.sei.cmu.edu/reports/13tn009.pdf Year: 2013 Country: United States URL: http://www.sei.cmu.edu/reports/13tn009.pdf Shelf Number: 128834 Keywords: CybercrimeCybersecurityEspionageInformation SecurityInsider ThreatIntellectual PropertyInternet Crimes |
Author: Center for Strategic and International Studies Title: The Economic Impact of Cybercrime and Cyber Espionage Summary: Is cybercrime, cyber espionage, and other malicious cyber activities what some call “the greatest transfer of wealth in human history,” or is it what others say is a “rounding error in a fourteen trillion dollar economy?” The wide range of existing estimates of the annual loss—from a few billion dollars to hundreds of billions—reflects several difficulties. Companies conceal their losses and some are not aware of what has been taken. Intellectual property is hard to value. Some estimates relied on surveys, which provide very imprecise results unless carefully constructed. One common problem with cybersecurity surveys is that those who answer the questions “self-select,” introducing a possible source of distortion into the results. Given the data collection problems, loss estimates are based on assumptions about scale and effect— change the assumption and you get very different results. These problems leave many estimates open to question. In this initial report we start by asking what we should count in estimating losses from cybercrime and cyber espionage. We can break malicious cyber activity into six parts: • The loss of intellectual property and business confidential information • Cybercrime, which costs the world hundreds of millions of dollars every year • The loss of sensitive business information, including possible stock market manipulation • Opportunity costs, including service and employment disruptions, and reduced trust for online activities • The additional cost of securing networks, insurance, and recovery from cyber attacks • Reputational damage to the hacked company Put these together and the cost of cybercrime and cyber espionage to the global economy is probably measured in the hundreds of billions of dollars. To put this in perspective, the World Bank says that global GDP was about $70 trillion in 2011. A $400 billion loss—the high end of the range of probable costs—would be a fraction of a percent of global income. But this begs several important questions about the full benefit to the acquirers and the damage to the victims from the cumulative effect of cybercrime and cyber espionage. Details: Santa Clara, CA: McAfee, 2013. 20p. Source: Internet Resource: Accessed August 6, 2013 at: http://www.mcafee.com/us/resources/reports/rp-economic-impact-cybercrime.pdf Year: 2013 Country: International URL: http://www.mcafee.com/us/resources/reports/rp-economic-impact-cybercrime.pdf Shelf Number: 129556 Keywords: Costs of CrimeCybercrimeCybersecurityEspionageInternet Crime |
Author: Center for Strategic and International Studies Title: Net Losses: Estimating the Global Cost of Cybercrime. Economic Impact of Cybercrime II Summary: Putting a number on the cost of cybercrime and cyber-espionage is the headline, but the dollar figure begs important questions about the damage to the victims from the cumulative effect of losses in cyberspace. The cost of cybercrime includes the effect of hundreds of millions of people having their personal information stolen-incidents in the last year include more than 40 million people in the US, 54 million in Turkey, 20 million in Korea, 16 million in Germany, and more than 20 million in China. One estimate puts the total at more than 800 million individual records in 2013. This alone could cost as much as $160 billion per year. Criminals still have difficulty turning stolen data into financial gain, but the constant stream of news contributes to a growing sense that cybercrime is out of control. For developed countries, cybercrime has serious implications for employment. The effect of cybercrime is to shift employment away from jobs that create the most value. Even small changes in GDP can affect employment. In the United States alone, studies of how employment varies with export growth suggest that the losses from cybercrime could cost as many as 200,000 American jobs, roughly a third of 1% decrease in employment for the US. Using European Union data, which found that 16.7 workers were employed per million Euros in exports to the rest of the world,6 Europe could lose as many as 150,000 jobs due to cybercrime (adjusting for national differences in IP-intensive jobs), or about 0.6% of the total unemployed. These are not always a "net" loss if workers displaced by cyberespionage find other jobs, but if these jobs do not pay as well or better. If lost jobs are in manufacturing (and "the main engine for job creation") or other high-paying sectors, the effect of cybercrime is to shift workers from high-paying to low-paying jobs or unemployment. While translating cybercrime losses directly into job losses is not easy, the employment effect cannot be ignored. The most important cost of cybercrime, however, comes from its damage to company performance and to national economies. Cybercrime damages trade, competitiveness, innovation, and global economic growth. What cybercrime means for the world is: - The cost of cybercrime will continue to increase as more business functions move online and as more companies and consumers around the world connect to the Internet. - Losses from the theft of intellectual property will also increase as acquiring countries improve their ability to make use of it to manufacture competing goods. - Cybercrime is a tax on innovation and slows the pace of global innovation by reducing the rate of return to innovators and investors. - Governments need to begin serious, systematic effort to collect and publish data on cybercrime to help countries and companies make better choices about risk and policy. Details: Santa Clara, CA: Intel Security, McAffee, 2016. 24p. Source: Internet Resource: Accessed June 18, 2014 at: http://www.mcafee.com/hk/resources/reports/rp-economic-impact-cybercrime2.pdf Year: 2014 Country: International URL: http://www.mcafee.com/hk/resources/reports/rp-economic-impact-cybercrime2.pdf Shelf Number: 132501 Keywords: Computer CrimeCosts of CrimeCrimes Against BusinessesCybercrimeEconomics of CrimeEmploymentEspionageJobs |