Simple Economics of Cybercrime and the Vicious Circle

Nir Kshetri

Chapter Chapter 2 in The Global Cybercrime Industry, 2010, pp 35-55 from Springer

Abstract: Abstract Cybercrimes are becoming increasingly pervasive and sophisticated and have more severe economic impacts than most conventional crimes. Technology and skill-intensiveness; a higher degree of globalization than conventional crimes; and the newness make cybercrimes structurally different. In this chapter, we examine how characteristics of cyber-criminals, cybercrime-victims, and law-enforcement agencies have reinforced each other and formed the vicious circle. Next, we build on key elements of the vicious circle and some additional characteristics of cybercrimes to assess the cost–benefit calculus of a hacker.

Keywords: Vicious Circle; Child Pornography; Organize Crime Group; Crime Generator; Conventional Crime (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/978-3-642-11522-6_2

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