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White Collar Crime

ing to a survey, reported known and verifiable losses due to computer crime.

The criminal activity associated with the use of computers is a multifaceted problem. First, the technology involved is so new and esoteric to most people and organizations that it is difficult to recognize a crime when it occurs. Second, many organizations are reluctant to report such crimes, for fear that they will become a target of other computer criminals, against which they feel that they have few defenses. Third, many, perhaps most organizations do not know how to proceed with the establishment of effective computer security systems. Fourth, much of the technical hardware and software required for adequate computer security systems either is not available, or is priced too high for many organizations. Fifth, computer technology and techniques change so rapidly that an adequate security system today is an inadequate one tomorrow.

Known computer crime in the 1980s costs the American economy as much as $5 billion per year (Mano, 1984). Although computer crime takes a variety of forms, the greatest losses are associated with the embezzlement of money and other property. Money however, is the primary target of the embezzler.

Computer crime is made possible by the widespread use of computers and the application of computer technology in contemporary American society. Embezzlement with the aid of computers in the contemporary large business environment thus, must be addressed in great part, as a computer security problem.

The Congress and the states may enact laws to both discourage and punish computer crimes and computer-related crimes. In fact, many such laws have been enacted at both the federal and the state levels of government. Governments and organizations may develop policies designed to secure computer systems. Lastly, users and developers of computer systems may develop techniques to thwart computer abusers and computer crim...

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White Collar Crime. (1969, December 31). In LotsofEssays.com. Retrieved 21:18, May 04, 2024, from https://www.lotsofessays.com/viewpaper/1681066.html