Financial Cyber Crime / Cybernetic Self

Financial Cyber Crime is an offence committed over the internet, having a major impact on international banking and the financial sectors. Financial Cyber crimes affect individuals, companies, organisations and astonishingly even countries. All of this creates a negative impact upon the entire economic and social systems, because of the considerable loss of money.

Organised Criminal networks are drawn to the crime, due to the huge profits that can be made. The most worrying aspect about all of this is that, there are a number of factors that make it difficult and sometimes even impossible to trace the criminal or the illegal assets. This can be because of differences between countries and their national jurisdictions, how their international conventions are implemented and their general level of expertise in the investigative process and propositional authorities to catch the cyber criminals.

This is a factor in the growth of this crime. Alongside the ease of creating methods to steal valuable data and financially harm victims, the fact there are ways to hide and get away with the crime internationally, criminals seem to be seizing this opportunity. This is why it is a scary place sometimes online and people need to be aware of the dangers out there. Amazingly, 90% of all emails sent in the world are fraudulent. Baring in mind 294 billion emails are sent each day, that is a lot of scam emails. I will create a poster for my project to identify some crimes that are out there online and I will illustrate what you need to look out for and how to avoid the cyber crimes.

http://www.bbc.co.uk/news/business-35201188

https://www.interpol.int/Crime-areas/Financial-crime/Financial-crime