Define: Cybercrime

UK Accounting Glossary

Definition: Cybercrime


Quick Summary of Cybercrime


Crime committed using a computer and the internet to steal a person’s identity or sell contraband or stalk victims or disrupt operations with malevolent programs.



What is the dictionary definition of Cybercrime?

Dictionary Definition


Criminal activities carried out by means of computers or the Internet.

  1. Crime committed using computer networks.
  2. An individual crime of this kind.

 


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Full Definition of Cybercrime


Cybercrime involves activities like raiding bank accounts and stealing information from companies.

Example

Intel employee Biswamohan Pani took one and a half weeks’ paid leave after announcing his resignation. But instead of relaxing, he joined a competitor and, without either company’s knowledge, downloaded some of Intel’s most confidential documents while he could still log into its computer systems.

In 2012 a US federal court jailed him for stealing more than $200m worth of trade secrets, which were recovered from his apartment after former colleagues got wind of his double-dealings.


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Cybercrime. PayrollHeaven.com. Retrieved February 24, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/cybercrime/

Definition Sources


Definitions for Cybercrime are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th February 2020.