The Economics of Online Crime - Essay Example

? E-commerce E-commerce Business-oriented networks are important based on their ability to offeruser demographics; hence internet savvy professionals that have a lot of interest in connecting with other professionals can use these networks. Business-oriented networks also acts as a professional marketing platform and in seeking suppliers, this can be done at varying degrees. Business-oriented network sites have profiles that act as a great tool for the discovery of new career and business opportunities; in addition to this, the site can be excellent for increasing visibility in search engine. Majority of the business oriented network sites have the profile of its members optimized for search engines and this has several benefits for the social network members. The member has the ability to control the business profile including the listing that will appear on the search engine results of the company. A business with a link is able to benefit from the authority especially if the business oriented social network has Google or any other search engine. On the contrary, enterprise social networks mainly focus on the various social networks for businesses and individuals that have the same business interests. An ESN is enterprise social software and in most circumstances regarded as an Enterprise 2.0 component used by various businesses for commercial purposes. ESN has corporate intranet alterations and various classic software stages that many large companies use to organize message sending and receiving, collaboration among other intranet features. ESN are thought to include standard social external service network which is essential in generating visibility for an organization (Thaw, 2013, p. 907). Popular mobile gambling has become popular after the business started to collect and send unwanted contents; the business has become a legitimate business especially in small islands. The reason behind this is that the carriers of the business have set guidelines and best practices for the mobile industry; this has been fruitful in developing these regions. Mobile gambling sites located in Small Island are considered to have a lot of integrity and this is evident from its history, trustworthiness and the security they put on a customer’s money (Yani-de-soriano et al., 2012, p.481). The online sites are similar to that of the real casinos while the services of others are much better, majority of this casinos offer the clients the opportunity to win cash easily as compared to the brick and mortar casinos. The mobile gambling sites offer a variety of software features to its large users and this serves the work of satisfying the different types of customers. The mobile casinos are currently favorable because they have the best genres of real money casino games represented in the mobile gambling site. All that is required is to have the desired game downloaded and one can play it from any portable gaming device, such games include video poker, and many of these games come with bonuses that are designed the gamer enjoys a unique mobile experience. Botnets have the ability of turning computers into zombies they used as attackers for various sites, spreading email spam or stealing information that is important. When the PC is turned into a zombie, the malicious nature of the bots will be hidden from the owner. It is possible to cultivate thousands of botnet networks to thousands of computers and this is by commanding a bot herder who guides the computers to commit crimes, spams, and accessing a single site in order to shut it down rapidly; this creates false traffic to the site which eventually inflates standing, adware spyware while spreading botnet to other PCs. Botnets evil forms of work distributed over computers and the power of processors are awesome forces botnet herders seek for new ways to use this power in gaining money and clout (Young et al., 2007, p. 281). Computers are becoming more powerful and prevalent and this creates more opportunity for the spreading of zombie plague, hence there is the probability that the botnet will get worse before getting better. Website hacking takes place when search engine spamming occurs, this is achieved when a rogue copy of a popular website is created and will show contents similar to that of the original to a web crawler and I n the process redirect the web suffers to a separate website; this technique is used by spammers in achieving high ranking especially for result pages for key words. Web hacking takes the form of cloaking and this is made possible when web crawlers detect duplicates during the process of indexing web pages; two pages that have the same content will require one URL to be kept. A spammer ensures the rogue website is what is displayed in the result page and under certain circumstances, legitimate pages will be edited by external advertiser’s using XSS then the website will be redirected to promoting the website. There are several steps that individual merchants use in determining the procedures to implements for the purpose of maintaining a correct balance when fighting fraud and accepting credit cards from customers that is legitimate. First step is to consider accepting credit cards from customers who are willing to provide their full information which includes their address and phone numbers. There should be the presence of a negative database which will be used for identification of high-risk transactions hence it will be possible to block specific credit card numbers within the system. There are those customers who use free email and credit cards from such customers should not be accepted. The merchant’s customer service number should be submitted to the credit card processor for the purpose if inclusion of the merchant name and number in the billing statement. It is important to know the customer through obtaining their telephone numbers when carrying out transaction and make calls in order to verify the telephone number given by the customer, the order will be fraudulent if the customer called does not recognize the order. It is advisable to use CVC2 or the master card and the CVV2 or the Visa card, these contain the three unique digits at the back and if favorable in situations where the card is not present such as mail order. Every credit card transaction in which a delivery is made, a cardholder’s sign should be obtained as a proof or when the service is not delivered immediately during the point of sale (Moore et al., 2009, p. 3). The effective search engine will have keywords and this will focus on the vocabulary of the target audience; a site that is listed with key word phrases, the target market will be typing in the search box. The content should be relevant and they should be rich in keywords that the searchers are searching for; this means the presence of a clear focus on subject matter. The site is required to use a similar language the searchers use and ensure it satisfies the underlying need of the visitor while soliciting the needed behavior (Kenney and Khanfar, 2011, p. 159). Elements that make the web page such as html, link attributes, java, etc. will require the web designers to use sound code strategy on this elements; this will present content and the links on the same page and it will be favorable for search crawlers. Inbound link sources are useful in building or destroying the natural ranking, therefore, link popularity can be used in determination of the number of links that will point to a particular domain. There should be relevance in the link and this is associated with the partner based on the contexts of the link, hence the reputation should be perceived as quality of a partner’s page and the respective network. The website server has a great impact on the evaluation of the search engine spider and technological factors such as the operating system, site architecture, among others can be designed to maximize the friendliness of the search engine. Moving a business unit and corporate headquarters to another country enables the business access specialized labor pool and if the business wants to remain at the forefront of innovation, it will have to recruit good employees since they will not come to the company. The current customers of a company may be receiving better services or products from other competitors and factors related to location may be the cause of poor products and services, hence relocating to new headquarter may improve the product or service quality. Relocating to another country can increase visibility especially when in need of creating a footfall for the business’ target audience; if the business falls in the industries that rely on footfall such as in high streets, location will be a vital element for the success of the business. Some of the key setbacks include the risk of losing labor, despite gaining new employees, the business risks losing long standing and cherished employees that know more about the business culture and how things are done in the business. A business may have long standing customers and with the relocation of its headquarters to another country, the business will have to loose these customers and eventually damage its customer loyalty ad satisfaction (Fernhaber et al., 2008, p. 267). Cost that are related to moving a company to another country are relatively high than anyone would anticipate; in addition to this, there will be difficulties during the balancing of costs with proximity of the target market. If effective market research is not conducted, the relocation to a new country might have downfalls and perks since there are no guarantees when making such moves. References Fernhaber, S. A., Gilbert, B. A., & McDougall, P. P. (2008). International entrepreneurship and geographic location: An empirical examination of new venture internationalization. Journal of International Business Studies, 39(2), 267-290. Kenney, M. G., & Khanfar, N. M. (2011). How Best Buy Implements The Five Forces Model To Build Market Share And Customer Loyalty. International Journal of Arts & Sciences, 4(22), 159-164. Moore, T., Clayton, R., & Anderson, R. (2009). The economics of online crime. The Journal of Economic Perspectives, 23(3), 3-20. Thaw, D. (2013). Criminalizing Hacking, Not Dating: Reconstructing the Cfaa Intent Requirement. Journal of Criminal Law & Criminology, 103(3), 907-948. Yani-de-soriano, M., Javed, U., & Yousafzai, S. (2012). Can an industry be socially responsible if its products harm consumers? The case of online gambling. Journal of Business Ethics, 110(4), 481-497. Young, R., Zhang, L., & Prybutok, V. R. (2007). Hacking into the minds of hackers. Information Systems Management, 24(4), 281-287. Read More