Cyber crime and intellectual property theft: The risks and prevention measures

Cyber crime and intellectual property theft: The risks and prevention measures

Order ID	53563633773
Type	Essay
Writer Level	Masters
Style	APA
Sources/References	4
Perfect Number of Pages to Order	5-10 Pages

Description/Paper Instructions

Cyber crime and intellectual property theft: The risks and prevention measures

Cybercrime and intellectual property theft are major issues that affect individuals, businesses, and organizations around the world. Cybercriminals use various tactics to steal sensitive information, including hacking, phishing, and malware. This stolen information is often sold on the dark web, leading to financial losses, reputational damage, and legal repercussions. In this article, we will discuss the risks associated with cybercrime and intellectual property theft and explore some prevention measures.

Risks of Cybercrime and Intellectual Property Theft:

1. Financial Losses: Cybercrime and intellectual property theft can lead to significant financial losses. In 2020, the global cost of cybercrime was estimated to be $1 trillion. Cybercriminals target businesses and organizations to steal sensitive information, such as financial data, trade secrets, and intellectual property, which can be sold on the dark web.
2. Reputational Damage: Cybercrime can also cause reputational damage to individuals and organizations. The stolen information can be used to blackmail or embarrass individuals, damaging their reputation. Businesses may suffer reputational damage if their customers’ information is stolen, leading to a loss of trust.
3. Legal Repercussions: Cybercrime and intellectual property theft are illegal activities that can lead to legal repercussions. Individuals or organizations that engage in cybercrime can face fines, imprisonment, or other penalties. Businesses may also face lawsuits from customers or partners whose information was stolen.

Prevention Measures:

1. Strong Passwords: One of the most effective ways to prevent cybercrime is to use strong passwords. A strong password should be at least eight characters long and contain a combination of upper and lowercase letters, numbers, and symbols. Passwords should be changed regularly and should not be shared with anyone.
2. Two-Factor Authentication: Two-factor authentication adds an extra layer of security to online accounts by requiring a second form of identification, such as a code sent to a mobile phone or email address. This helps to prevent unauthorized access to sensitive information.
3. Antivirus Software: Antivirus software can help to prevent malware infections by scanning files for viruses and other malicious software. It is essential to keep antivirus software up to date to ensure it is effective against new threats.
4. Encryption: Encryption is the process of encoding information to make it unreadable to anyone who does not have the decryption key. Encryption can be used to protect sensitive information, such as financial data or trade secrets, from being stolen.
5. Employee Training: Employees are often the weakest link in the cybersecurity chain. It is essential to provide training to employees on how to identify and prevent cyber threats. This training should cover topics such as phishing scams, password security, and safe browsing habits.
6. Data Backups: Regular data backups can help to prevent data loss in the event of a cyber attack. Backups should be stored in a secure location and tested regularly to ensure they can be restored in the event of a data loss.

Conclusion:

Cybercrime and intellectual property theft are significant risks that affect individuals, businesses, and organizations worldwide. The financial losses, reputational damage, and legal repercussions associated with these crimes can be devastating. However, by implementing strong passwords, two-factor authentication, antivirus software, encryption, employee training, and data backups, individuals and organizations can reduce the risk of cybercrime and protect sensitive information. It is essential to stay vigilant and stay up to date with the latest cybersecurity threats to prevent cybercrime and intellectual property theft.

Cyber crime and intellectual property theft: The risks and prevention measures

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points:  Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points:  Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points:  References to scholarly sources are occasionally given; many statements seem unsubstantiated.  Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points:  Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements.  The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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