W5DQ Week 5 Discussion Question Watch the below video and discuss if you agree or disagree with the speaker. https://www.youtube.com/watch?v=CWCKlAcxESA Your initial response is due by Thursday 1

Yeah, I comply with Mr. John LaCour 's talk on cybercrime vulnerabilities. There's a lot of economic effects on cybercrime if it's charging for malware, attempting to recover missing data or applications. Along with spending money to secure their data and devices, these days countries are also investing money on black hat hackers to hack other nations. Cybercrime has become a modern phenomenon and had a huge influence on the banking sector. Every day, offenses are perpetrated against leading organizations that were believed to have the best security measures in effect (Cadigan et al., 2019).

Cybercrime appears to have a significant financial effect on the economy around $600 billion. The main and strongest cause of the rise in Cyber insecurity is where individuals have a propensity to overshare personal identity information online, particularly on social networking types, like Facebook, Twitter, LinkedIn that can link human factors close to the impact of online disinhibition and a lack of familiarity with new technology such as IoT can contribute to more over-share of identity data that expose individuals to danger.

To better understand the issue through the examination of illegal activity and the psychological and social effects on offenders. The Cyber Security features a range of new models, systems and tools that are designed to prevent and detect attacks against individuals using a variety of the latest techniques in machine learning and anomaly detection to enhance accuracy and efficiency. An approach to prevent cybercrime is to be truly effective in protecting individuals, a more concerted, cross-disciplinary program is required (Conteh & Royer, 2016).

References

Conteh, N. Y., & Royer, M. D. (2016). The rise in cybercrime and the dynamics of exploiting the human vulnerability factor. International Journal of Computer (IJC), 20(1), 1-12.

Kayser, C. S., Ellen Mastrorilli, M., & Cadigan, R. (2019). Preventing cybercrime: A framework for understanding the role of human vulnerabilities. Cyber Security: A Peer-Reviewed Journal, 3(2), 159-174.