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THE DARK SIDE OF INFORMATION ECONOMICS
Authors: Grigori BORTA
Number of views: 497
It is difficult to imagine modern world without
information technologies. They are widely used on
domestic, corporate, state and international levels.
But even though these technologies offer multiple
benefits, they can be used for both good and bad.
Sometimes, users are eager to sacrifice security of
their personal data for the sake of convenience.
The damage of this domain’s existence is
obvious. For example, according to the data
provided by FBI, during the last 14 months,
malefactors have stolen around 215 million US
dollars using just a single scam, related to
compromised corporate e-mail addresses. 1198 of
the victims were US citizens, and 928 citizens of the
other countries, thus totalling the number of victims
to 2126. It is important to note, that US citizens
suffered much more damage, totalling 180 million
US dollars, or in other words, 84% of total damage
done.