Electronic crimes through global indicators and their impact on institutions

Abstract

The electronic crimes have a negative impact on the economy and directly on companies, especially banking institutions, as they are the most vulnerable to this type of crime. This is because money is the commodity that these institutions deal with. Electronic crimes have caused huge financial losses for these companies in addition to the loss of confidence Where customers. Electronic crime has become a hurdle to the growth and prosperity of institutions, attracting as many customers as possible and gaining their confidence. The problem is further compounded by sophisticated security techniques and the latest technologies used. The global reports issued by specialized agencies illustrate the magnitude of the problem worldwide and confirm that the United States Are the most consistently affected.