Cyber Crime and Business: How to not Get Caught by the Online Phisherman

Nick Nykodym, Lisa Kahle-Piasecki, Sonny S. Ariss, Tracey Toussaint · Journal of international commercial law and technology · 2010

Throughout the history of modern business, management has dealt with the problem of theft. Businesses have a difficult time keeping mon ey and information out of the wrong hands, due to external robberies and internal theft of bot h money and confidential information (Nykodym & Ariss, 2006). Apart from the ease of being able to reach customers anywhere in the world, the electronic media has created a new wave of worries for companies, since theft of information is becoming easier for criminals and ha rder to detect for businesses. Cyber crime, called phishing, can be characterized by attacker s using trusted Internet sites to lure information from unsuspecting consumers. It is now becoming a widespread problem for the business world. Phishing attacks are one of the maj or elements of cyber crime and companies have begun the arduous battle against phishers to k eep their customers safe and their businesses afloat.

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