The global cybercrime industry: economic, institutional and strategic perspectives

Description

This book is about the global cybercrime industry, which according to some estimates, is a US$1 trillion industry and is growing rapidly. It examines economic and institutional processes in the cybercrime industry, provides insights into the entrepreneurial aspect of firms engaged in cyber-criminal activities, takes a close look at cybercrime business models, explains the global variation in the pattern of cybercrimes and seeks to understand threats and countermeasures taken by key actors in this industry. This book’s distinguishing features include the newness, importance, controversiality and complexity of the topic; cross-disciplinary focus, orientation and scope; theory-based but practical and accessible to the wider audience; and illustration of various qualitative and quantitative aspects of the global cybercrime industry. Front Matter....Pages i-xxi The Global Cybercrime Industry and Its Structure: Relevant Actors, Motivations, Threats, and Countermeasures....Pages 1-34 Simple Economics of Cybercrime and the Vicious Circle....Pages 35-55 An Institutional Perspective on Cybercrimes....Pages 57-74 Increasing Returns and Externality in Cybercrimes....Pages 75-93 Institutional Field Evolved Around Cybercrimes....Pages 95-117 Information and Communications Technologies, Cyberattacks, and Strategic Asymmetry....Pages 119-137 Global Heterogeneity in the Pattern of the Cybercrime Industry....Pages 139-164 Structure of Cybercrime in Developing Economies....Pages 165-188 Institutional and Economic Foundations of Cybercrime Business Models....Pages 189-205 The Global Click Fraud Industry....Pages 207-225 Concluding Remarks and Implications....Pages 227-251