CRI205H1 Chapter Notes - Chapter 14: Warez, Market Manipulation, Phishing
18 Jan 2017
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January 16 2017 (l02 readings) chapter 14. Typology of white-collar crime is now somewhat more difficult to categorize. Technology based crimes that include elements of fraud, theft, swindles, and false claims are being more frequently committed by corporations and organizations. Information technology is key to the economic system, success, and management. It has made it possible for a globalized network of trading and economy. Cyber vandalism - use of technology for malicious purposes, like bringing down websites and business networks. Cyber war use of technology to disrupt networks of foreign governments. Internet has become a medium to deliver malicious attacks, spread of information, and the distribution of illicit or illegal services and materials like drug trading or pornography. Market manipulation (pump and dump) erroneous and deceptive stock information is posted online to pique interest, while those spreading the information sell their previously purchased stock at a higher, inflated price.
