Module 6: White collar and Internet Crime Flashcards
What is Whit Collar Crime?
offences by businessmen and executives
crimes committed by a person of respectability and high social status in course of his occupation
elite deviance
Types of White Collar Crime
occupational, corporate, state, environmental
may breach either regulatory law or criminal law
extent of white collar crime
extremely difficult to ascertain
many forms arent classed as crime
Many go unreported
Impact of White Collar Crime
costs roughly 250 billion compared to 17.6 billion for household and personal crime
Indirect costs of White Collar Crime
illness due to illegal dumping
losses to families through workplace injuries or death
higher costs of goods and services
What is Techno crime?
cyber crime, involves use of technology as tool in commission of white collar crime
computer focused techno crime
crimes that can only be committed due to existence of internet
hacking
distribution of viruses
Computer enabled techno crime
crimes that use computers but can be committed with or without computer
fraud
theft
money laundering
Reporting of techno crimes
most go unreported as most victims dont know theyve been victimised
victims are embarrassed or dont know who to report to
extent and cost of techno crime
estimated 375 billion- 575 billion a year
victims of techno crime
36% of businesses have reported being a victim of economic crime
What is Phishing?
obtaining personal info from victims and redirecting users t suspicious websites