News / Science & Technology

Experts Say More Research Needed to Foil Cyber Criminals

Experts Say More Research Needed to Foil Cyber Criminalsi
X
May 28, 2013 10:41 PM
Virtually non-existent two decades ago, cybercrime has become one of the fastest growing criminal enterprises around the world. Estimates peg the global cost of crimes ranging from malware to data theft at about $100 billion a year. And it's growing. Efforts to combat the problem have taken on urgency, but as Mil Arcega reports, there is growing debate on how best to foil hi-tech offenders.
Virtually non-existent two decades ago, cybercrime has become one of the fastest growing criminal enterprises around the world. Estimates peg the global cost of crimes ranging from malware to data theft at about $100 billion a year. And it's growing. Efforts to combat the problem have taken on urgency, but, there is growing debate on how best to foil hi-tech offenders.

It doesn’t matter who you are or where you live - if you have access to a computer, you are a potential target for cyber criminals.

And it’s not just individuals at risk.  

Earlier this month, U.S. Attorney for the Eastern District of New York, Loretta Lynch, charged eight people for launching cyber attacks on foreign banks that could have netted $45 million.

“This was a 21st century bank heist that reached through the Internet to span the globe.  But instead of guns and masks, this cybercrime organization used laptops and malware,” Lynch said.

Alan Edwards, president of the web security consulting firm Whitehorse Technology Solutions, says the foiled heist, and recent revelations that U.S. missile defense systems may have been breached by Chinese hackers,  underscore the growing sophistication of cyber criminals.

“They’ve changed from being 14 year-old geniuses who are bored, just trying to crash the system to cause trouble, to now organized crime, to government-sponsored, quite frankly,” Edwards said.

Edwards’ company specializes in providing real time web traffic security and monitoring.

He says not everyone likes the added expense to pay for this until they realize a successful attack would cost much more.

“Unfortunately it’s like car insurance or any other insurance. You really hate paying for it, until you have an accident,” Edwards said.

While beefed up network security is crucial criminology professor David Maimon, of the University of Maryland, says that's only half the solution.

“The way we’re doing things right now in computer science, and in our attempt to solve this issue, is by simply focusing on the network and the computers.  And that would be the equivalent of a criminologist trying to figure out why an individual committed a crime by focusing on the gun or the door,” Maimon said.

Among Maimon's more controversial findings is the correlation between the number of foreign students logged into the college network and the frequency and origin of the cyber attacks.

“In other words, what we find is that increasing the number of foreign students that arrive from specific countries increases the probability of our campus to receive attacks from those specific countries by around 40 percent,” Maimon said.

Maimon says more research is needed, but one explanation may be that foreign students are surfing compromised websites in their own countries giving hackers new pathways to exploit.  Maimon's research hopes to break new ground by examining the motivations behind recent cyber attacks and how a potential victim's online behavior can enable or discourage future attacks.

You May Like

Turkey: No Ransom Paid for Release of Hostages Held by IS Militants

President Erdogan hails release of hostages as diplomatic success but declines to be drawn on whether their release freed Ankara's hand to take more active stance against insurgents More

Audio Sierra Leone Ends Ebola Lockdown

Health ministry says it has reached 75 percent of its target of visiting 1.5 million homes to locate infected, educate population about virus More

US Pivot to Asia Demands Delicate Balancing Act

As tumult in Middle East distracts Obama administration, efforts to shift American focus eastward appear threatened More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Saving Global Fish Stocks Starts in the Kitcheni
X
September 22, 2014 11:42 AM
With an estimated 90 percent of the world’s larger fish populations having already vanished, a growing number of people in the seafood industry are embracing the concept of sustainable fishing and farming practices. One American marine biologist turned restaurateur in Thailand is spreading the word among fellow chefs and customers. VOA Correspondent Steve Herman reports from Bangkok.
Video

Video Saving Global Fish Stocks Starts in the Kitchen

With an estimated 90 percent of the world’s larger fish populations having already vanished, a growing number of people in the seafood industry are embracing the concept of sustainable fishing and farming practices. One American marine biologist turned restaurateur in Thailand is spreading the word among fellow chefs and customers. VOA Correspondent Steve Herman reports from Bangkok.
Video

Video For West Ukraine City, Conflict Far Away Yet Near

The western Ukrainian city of Lviv prides itself on being both physically and culturally close to Western Europe. The Russian-backed separatists in the eastern part of the country are 1,200 kilometers away, and seemingly even farther away in their world view. Still, as VOA’s Al Pessin reports, the war is having an impact in Lviv.
Video

Video Chinese Admiral Key in China’s Promotion of Sea Links

China’s President last week wrapped up landmark visits to India, Sri Lanka and Maldives, part of a broader campaign to promote a new “Maritime Silk Road” in Asia. The Chinese government’s promotion efforts rely heavily on the country’s best-known sailor, a 15th century eunuch named Zheng He. VOA's Bill Ide reports from the sailor’s hometown in Yunnan on the effort to promote China’s future by recalling its past.
Video

Video Experts Fear Ebola Outbreak ‘Beyond Our Capability to Contain’

Each day brings with it new warnings about the deadly Ebola outbreak already blamed for killing more than 2,600 people across West Africa. And while countries and international organizations like the United Nations are starting to come through on promises of help for those most affected, the unprecedented speed with which the virus has spread is raising questions about the international response. VOA's Jeff Seldin has more from Washington.
Video

Video Natural Gas Export Plan Divides Maryland Town

A U.S. power company that has been importing natural gas now wants to export it. If approved, its plant in Lusby, Maryland, would likely be the first terminal on the United States East Coast to export liquefied natural gas from American pipelines. While some residents welcome the move because it will create jobs, others oppose it, saying the expansion could be a safety and environmental hazard. VOA’s Deborah Block examines the controversy.
Video

Video Difficult Tactical Battle Ahead Against IS Militants in Syria

The U.S. president has ordered the military to intensify its fight against the Islamic State, including in Syria. But how does the military conduct air strikes in a country that is not a U.S. ally? VOA correspondent Carla Babb reports from the Pentagon.
Video

Video Iran, World Powers Seek Progress in Nuclear Talks

Iran and the five permanent members of the U.N. Security Council plus Germany, known as the P5 + 1, have started a new round of talks on Iran's nuclear program. VOA State Department correspondent Pam Dockins reports that as the negotiations take place in New York, a U.S. envoy is questioning Iran's commitment to peaceful nuclear activity.
Video

Video Alibaba Shares Soar in First Day of Trading

China's biggest online retailer hit the market Friday -- with its share price soaring on the New York Stock Exchange. The shares were priced at $68, but trading stalled at the opening, as sellers held onto their shares, waiting for buyers to bid up the price. More on the world's biggest initial public offering from VOA’s Bernard Shusman in New York.
Video

Video Migrants Caught in No-Man's Land Called Calais

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Westgate Siege Anniversary Brings Back Painful Memories

One year after it happened, the survivors of the terror attack on Nairobi's Westgate Shopping Mall still cannot shake the images of that tragic incident. For VOA, Mohammed Yusuf tells the story of victims still waiting for the answer to the question 'how could this happen?'
Video

Video Whaling Summit Votes to Uphold Ban on Japan Whale Hunt

The International Whaling Commission, meeting in Slovenia, has voted to uphold a court ruling banning Japan from hunting whales in the Antarctic Ocean. Conservationists hailed the ruling as a victory, but Tokyo says it will submit revised plans for a whale hunt in 2015. Henry Ridgwell reports from London.
Video

Video A Dinosaur Fit for Land and Water

Residents and tourists in Washington D.C. can now examine a life-size replica of an unusual dinosaur that lived almost a hundred million years ago in northern Africa. Scientists say studying the behemoth named Spinosaurus helps them better understand how some prehistoric animals adapted to life on land and in water. The Spinosaurus replica is on display at the National Geographic museum. VOA’s George Putic has more.
Colonel Steve ‘Spiros’ Pisanos left Greece and came to the U.S. to learn to fly. He flew fighters for the Allies in World War II, narrowly escaping death multiple times.Colonel Steve ‘Spiros’ Pisanos left Greece and came to the U.S. to learn to fly. He flew fighters for the Allies in World War II, narrowly escaping death multiple times.

AppleAndroid