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Internet and World Wide Web are amongst the most exciting inventions the humankind knows and recognizes as a part of our cultural heritage.

So while the Internet offers a fantastically quick acess to infromation and is quite literally at our fingertips it has its dangerous downside. Some of them like spam and viruses culd be perceived as just a nusiance but identity theft , malicious code, cyber-stalking and intelectual property theft are the Internet's ugly face.

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@ More than 30,000 personal computers are being recruited every day into secret networks that spread spam and viruses.

@ Economic damage from intellectual property violations, estimated at $25 billion to $30 billion, endangers e-commerce. A recent study showed that 64 per cent of those surveyed said they would not purchase items over the Internet for fear of misuse of personal information.

@ Data on 50 million credit cards and personal information were stolen in the first half of 2005 in the United States alone.

@ In 2004, 20 per cent of United States consumers responding to a survey reported that they were victims of identity fraud or theft.

@ Cyberspace attacks, which include denial of service and disruptive viruses, are the biggest threat to Internet providers, outpacing what were the most costly threats like theft of proprietary information. The average loss reported as a result of Internet attacks represents some 60 per cent of all other losses. About 40 per cent of firms experience as many as 100 attacks a month, 80 per cent of which are from high magnitude virus and denial of service.

@ Spam accounts for 45 per cent of all e-mails or 15 billion messages a day, causing businesses around the world $20 billion a year in lost productivity and technology. Projecting to 2007, there will be 50 billion spam messages a day, costing almost $200 billion per year.

@ So far, terrorists have used explosives, kidnappings and hijackings, but they will eventually turn to cyber-terrorism and use cyberspace technology, which will threaten pipelines, power plants, transportation and communication systems, and other hard assets based on cyberspace technology.

@ Cyberwar is now a real danger. Just as individuals are using the Internet for various damages, States can plan even more devastating use of cyberspace as a weapon.

Source: The Law of Cyber-Space by Patricia Szczerba.


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