Computer Crimes The computer has evolved a great deal since its creation over a third of a century ago. The uses of the computer now seem endless. Unfortunately some of those uses include computer crimes. This paper will explore some recent crimes that have occurred and the laws that apply to them. The first such incident took place in Russia between June and October 1994. Six people were arrested in the scheme, in which $10 million was allegedly shifted from Citibank to accounts in Finland, Russia, Germany, the Netherlands, the United States, Israel, and Switzerland. Of the $10 million stolen, $400,000 has not been recovered. The clients who lost money have been reimbursed. The Citibank system allows customers to transfer their money to accounts at other banks. The hackers found a way to crack the system and made about 40 transfers of money totaling more than ....

Number Of Pages: 3

Number Of Words: 779

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