Understanding the global risk of cybercrime

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computer security

On the eve of the millennium, businesses around the world were racing to protect themselves against the Y2K bug. Though the dire predicted consequences of that event failed to transpire, it left as its legacy a recognition of the pervasive importance of computer technologies in all aspects of our lives, both business and private, which has only increased in the intervening 13 years.

While the threat from the millennium bug was theoretical, cybercrime is a real global problem, which dates back to

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