The Simple Economics of Cybercrimes

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January/February 2006 (vol. 4 no. 1)

pp. 33-39

	ASCII Text	x
	Nir Kshetri, "The Simple Economics of Cybercrimes," IEEE Security and Privacy, vol. 4, no. 1, pp. 33-39, January/February, 2006.

	BibTex	x
	@article{ 10.1109/MSP.2006.27, author = {Nir Kshetri}, title = {The Simple Economics of Cybercrimes}, journal ={IEEE Security and Privacy}, volume = {4}, number = {1}, issn = {1540-7993}, year = {2006}, pages = {33-39}, doi = {http://doi.ieeecomputersociety.org/10.1109/MSP.2006.27}, publisher = {IEEE Computer Society}, address = {Los Alamitos, CA, USA}, }

	RefWorks Procite/RefMan/Endnote	x
	TY - MGZN JO - IEEE Security and Privacy TI - The Simple Economics of Cybercrimes IS - 1 SN - 1540-7993 SP33 EP39 EPD - 33-39 A1 - Nir Kshetri, PY - 2006 KW - Cybercrimes KW - vicious circle KW - hacker KW - online extortions KW - psychological costs and benefits VL - 4 JA - IEEE Security and Privacy ER -

Nir Kshetri, University of North Carolina

DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/MSP.2006.27

Cybercrimes are becoming increasingly pervasive and sophisticated, and can have more severe economic impact than many conventional crimes. Technology and skill intensiveness, a high degree of globalization, and their newness make cybercrimes structurally different. The characteristics of cybercriminals, cybercrime victims, and law enforcement agencies have a reinforcing effect on each other, leading to a vicious circle of cybercrime. The author builds on key elements of this circle to assess a hacker's cost-benefit calculus, and suggests possible mechanisms for combating cybercrime.

Index Terms:

Cybercrimes, vicious circle, hacker, online extortions, psychological costs and benefits

Citation:

Nir Kshetri, "The Simple Economics of Cybercrimes," IEEE Security and Privacy, vol. 4, no. 1, pp. 33-39, Jan./Feb. 2006, doi:10.1109/MSP.2006.27

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