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Cyber Terrorism is the act of corrupting or stealing data to
damage high end computer systems or gain monetary funds. Its estimated as of
2006 90% of cyber terrorism is conducted by amateurs, and because of this cause
much of the damage over the internet. The much feared "computer virus" is a
form of cyber terrorism which can be used to
steal credit card numbers, damage computers or
record key strokes. Many cyber terrorists
consider themselves professionals. This accounts
to about 9.9% of cyber terrorism. Often targets
for these people are small banks (transferring
funds) or small civilian attacks. The most
threatening is the .1%. They are the best of the
best. These people can hack into government
systems causing irreparable damage to computer
filing systems, and gaining access to classified
documents.
Cyber terrorism cost the U.K 400 million pounds (600 million US dollars) between 1993-1995. Banks
every year lose hundreds of thousands of dollars due to cyber terrorism. For
example, a hacker from Russia tapped into Citibank's funds transfer system and
took $10 million. |
