Question

Think about the unit material for a minute. How does cybercrime compare to white collar crime?

Answer 1

Answer:

Explanation:

White collar crime refers to the crimes that are committed by business men and government employees whereas cyber crimes are committed by hackers, terrorists and others to invade the host computer and network system to derive the information.

The purpose of white collar crime is to not to defame somebody but some cyber crimes exhibit a motive to intentionally harm the reputation of the victim.

The white collar crime can be detected in terms of examination of financial accounting analysis and sale and purchase of goods and services but cyber crime remains undetected due to use of unknown devices to commit the offences the IP address and other required identification proofs cannot be found.

Money laundering and ponzi schemes are the examples of the white collar crimes and hacking, email spoofing are the examples of cyber crime.