The simple economics of cybercrimes

The characteristics of cybercriminals, cybercrime victims, and law enforcement agencies have a reinforcing effect on each other, leading to a vicious circle of cybercrime. In this article, the author assessed the cost-benefit structure of cybercriminals. From the potential victims´ perspectives, an economic analysis can help explain the optimum investment necessary as well as the measures required to prevent hackers from cracking into their computer networks. The analysis from the cybercriminal´s viewpoint also provides insight into factors that might encourage and energize his or her behavior.