Cybercrime, Espionage, and Industrial Security

Flashcards summarizing key concepts from the lecture on cybercrime, industrial espionage, and security challenges.

What is economic espionage?

Targeting or acquiring trade secrets from domestic companies or government entities to knowingly benefit a foreign state.

What is industrial espionage?

The same as economic espionage, but benefits another private entity instead of a foreign government.

What does cyberspace include?

An interdependent network of information technology infrastructures, which includes the Internet, telecommunications networks, computer systems, and embedded processors and controllers.

What are some methods of industrial espionage?

Open source intelligence, hiring employees of competitors, cultivating insiders, disgruntled insiders, luring insiders, blackmailing insiders, and placing insiders.

What are the challenges of measuring cybercrime?

Criminologists find it difficult to measure cybercrime due to several key factors: non-existent standard victim surveys, the fact that many organizations do not recognize that they are victims, and the complexities involved in categorizing and reporting different types of cyber incidents. Furthermore, fear of reputational damage and implications for share prices often lead to underreporting.

What is a significant issue regarding the reporting of cybercrimes?

Many organizations do not report cybercrimes due to implications for share price and reputation.

What did Booz Allen Hamilton estimate about the cyber skills shortage?

They estimated that the number of unfilled jobs worldwide would reach 1.8 million by 2022.

What did the Centre for Strategic and International Studies find in their survey about cybersecurity skills?

82% of IT decision-makers reported a shortage of cybersecurity skills worse than for other IT skills.

What is the human element's role in security failures?

The human element is the most important factor contributing to security failures in industrial espionage.

What is central to addressing industrial espionage in the future?

Fusing cyber-technical and human elements to enhance information security.