Cybercrime is a threat to U.S. national economic and security interests. Various studies and expert opinion estimate the direct economic impact from cybercrime to be in the billions of dollars annually. The annual loss due to computer crime was estimated to be $67.2 billion for U.S. organizations, according to a 2005 Federal Bureau of Investigation (FBI) survey. The estimated losses associated with particular crimes include $49.3 billion in 2006 for identity theft and $1 billion annually due tophishing. These projected losses are based on direct and indirect costs that may include actual money stolen, estimated cost of intellectual property stolen, and recovery cost of repairing or replacing damaged networks and equipment. In addition, there is concern about threats that nation-states and terrorists pose to our national security through attacks on our computer-reliant critical infrastructures and theft of our sensitive information. For example, according to the U.S.-China Economic and Security Review Commission report, Chinese military strategists write openly about exploiting the vulnerabilities created by the U.S. military's reliance on advanced technologies and the extensive infrastructure used to conduct operations. Also, according to FBI testimony, terrorist organizations have used cybercrime to raise money to fund their activities. Despite the reported loss of money and information and known threats from adversaries, there remains a lack of understanding about the precise magnitude of cybercrime and its impact because cybercrime is not always detected or reported.
"Numerous public and private entities (federal agencies, state and local law enforcement, industry, and academia) have individual and collaborative responsibilititelephonetelephonees to protect against, detect, investigate, and prosecute cybercrime. The Departments of Justice (DOJ), Homeland Security (DHS), and Defense (DOD), and the Federal Trade Commission (FTC) have prominent roles in addressing cybercrime within the federal government. DOJ's FBI and DHS's U.S. Secret Service (Secret Service) are key federal organizations with responsibility for investigating cybercrime. State and local law enforcement organizations also have key responsibilities in addressing cybercrime. Private entities-Internet service providers, security vendors, software developers, and computer forensics vendors-focus on developing and implementing technology systems to protect against computer intrusions, Internet fraud, and spam and, if a crime does occur, detecting it and gathering evidence for an investigation. In addition, numerous partnerships have been established between public sector entities, between public and private sector entities, and internationally to address various aspects of cybercrime. For example, the Cyber Initiative and Resource Fusion Unit is a partnership established among federal law enforcement, academia, and industry to analyze cybercrime and determine its origin and how to fight it.
"Federal and state governments and other nations have enacted laws that apply to cybercrime and the legal recourse or remedies available. In addition, there are international agreements to improve the laws across nations and international cooperation on addressing cybercrime. Some federal statutes address specific types of cybercrime, while other federal statutes address both traditional crime and cybercrime."
Derived From: CRS Report (Mar 2009) "In January 2008, the Bush Administration initiated the Comprehensive National Cybersecurity Initiative (the CNCI) to make the United States more secure against cyber threats. The Homeland Security Presidential Directive 23 and National Security Presidential Directive 54 establishing the CNCI are classified. Some details of the Initiative have been made public in Departmental press releases, speeches by executive branch leaders, and analysis and insight offered by individuals that follow cyber security and terrorism related issues. The CNCI “establishes the policy, strategy, and guidelines to secure federal systems.”2 The CNCI also delineates “an approach that anticipates future cyber threats and technologies, and requires the federal government to integrate many of its technical and organizational capabilities to better address sophisticated threats and vulnerabilities.”3 Subsequent to the issuance of the classified directives, congressional committees have held hearings regarding the CNCI and heard testimony from a commission established to address necessary cybersecurity reforms.
"Few details have been publicly released regarding the implementation activities or status of CNCI efforts since the establishment of the initiative. According to one media account, Steven Chabinsky, Deputy Director of the Joint Interagency Cyber Task Force for the Office of the DNI, stated at an information technology security conference that there are 12 objectives supporting the Initiative’s goal of comprehensively addressing the nation’s cyber security concerns. They are:
1. Move towards managing a single federal enterprise network;
2. Deploy intrinsic detection systems;
3. Develop and deploy intrusion prevention tools;
4. Review and potentially redirect research and funding;
5. Connect current government cyber operations centers;
6. Develop a government-wide cyber intelligence plan;
7. Increase the security of classified networks;
8. Expand cyber education;
9. Define enduring leap-ahead technologies;
10. Define enduring deterrent technologies and programs;
11. Develop multi-pronged approaches to supply chain risk management; and
12. Define the role of cyber security in private sector domains.
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Invisible Crime, the Cybercrime I ! ಠ_ಠ
