Further, less than a quarter of publicly funded crime labs offered “dedicated digital evidence support services.” Effectively meeting the cybersecurity threat requires that the country allots more resources to already existing law enforcement organizations to meet the growing threat. Currently, state and local law enforcement officers, prosecutors, and judges in digital/cybercrime investigations are grossly underfunded. One of the key goals of the country, the think tank suggests, should be to expand law enforcement’s role in combatting hackers. The Third Way recommends the United States adopt ten key strategies in order to meet the growing cybersecurity threat. However, with breaches becoming more severe and ubiquitous, forceful prosecution may not be enough to stop hackers from obtaining sensitive information and hacking with near impunity. government was prosecuting the wrong person.” Nikulin’s case seems to demonstrate a broader tactic by the United States to send a firm message to foreign hackers that although they may rarely be found, they will be severely punished when caught. His defense team argued unsuccessfully that prosecutors relied improperly on misinformation from the Russian government and “asked the jury to consider the possibility that the U.S. Yevgeniy Aleksandrovich Nikulin, for instance, was found guilty earlier this year of numerous charges including computer intrusion and data theft eight years after he hacked LinkedIn and Drobox in 2012. Īnd even when hackers are found, diplomatic relations can draw out complex prosecutions. Further, only one in six victims of cybercrime actually report to law enforcement, making the effective enforcement rate about 0.05%. The Third Way, a center-left think tank, estimates that only 0.3% of cybercrime complaints are prosecuted and enforced. The particular danger of data breaches is that culpable hackers rarely get caught and prosecuted, leaving businesses and governments continuously vulnerable to targeted attacks. The company later settled with consumers for $671 million to resolve a multi-district consumer class action litigation, which created a resolution fund to restore “actual out-of-pocket losses related to the breach” as well as “other consumer benefits such as identity restoration services.” Equifax suffered one of the largest breaches in American history with 147 million Americans affected by their 2017 breach, which released highly sensitive information like credit cards, social security numbers, and dates of birth. Some of the largest companies in the world have been plagued with how to deal with hackers. To put that number in perspective, if all of those records belonged to American residents, each person would have nearly 116 accounts hacked. In the past decade, data breaches have become more common with nearly 38 billion records reached in 2010.
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