An Overview of Corporate Cybercrime in India and US

Abstract

Cybercrime perpetrated by pockets of citizens is posing a serious threat to international security and economy. Recognizing the lack of any global cooperation on this issue, this paper provides a comprehensive comparative analysis of cyber crime in the corporate sector of the East with India serving as the prototype, and the West, with United States of America (US) being the prototype using an interpretive qualitative research design. Such an analysis would facilitate better understanding of the cybercrime scenario, highlight the differences between the two countries and explore the probable reasons behind them and provides a policy framework for international cooperation in combating cybercrime. The frequency of cybercrime in the two countries is similar despite more enterprises in the US making it a board priority and allocating huge resources for cyber security. There is a vastly different make-up of cyber crime in the two countries in terms of frequency of cyber crime and demography of cyber criminals. The variance in the profile of the cyber minds could be an important factor for the identified differences in cybercrime in the two countries. These differences are helpful in developing such a policy environment that will act as an effective deterrent to the menace of cybercrime.

Impact of Demonetization on Women

“…However, before achieving the dream of a digital India, many hurdles such as illiteracy; low bandwidth; more unbanked areas; late adoption of technology; lack of full-time electricity; security concerns such as hacking, cybercrime, and safety of personal details; and the need for high investments should be overcome (Bhatnagar, 2017). The economic growth of any nation and its security depends on how well its cyberspace is protected, and cybersecurity should be backed by powerful laws and acts (Syngle, 2017).…”