Information technology is a significant part of day-to-day operations. While the integration of technology can result in many benefits for a business, it also brings increased risk. A recent PricewaterhouseCoopers study (Economic Crime Survey 2005), found cyber crime was one of the major fraud risks of all companies surveyed.
Computer (or ‘cyber’) crime can be defined as a criminal act in which a computer is essential to the perpetration of the crime. It can include hacking, mail-bombing, spamming, domain name hijacking, server takeovers, denial of service, internet money laundering, destruction of data, electronic funds transfer fraud, electronic vandalism and terrorism, as well as sales and investment fraud. It can also include a criminal act where a computer, not essential to the perpetration of the crime, acts as a store of information concerning the crime.
Unfortunately, most cyber crimes are uncovered by accident or chance, revealing the inadequacy of many company control systems in detecting fraud. With increased dependence on IT, organisations clearly need to manage such risks effectively.
How PwC can help you
Our investigations team is one of the few, outside of state and federal law enforcement, to offer a complete computer forensic service. We have strong technical knowledge and extensive forensic investigation experience which enable us to understand both the technology and business issues that underlie any investigation. Our team is experienced in dealing with sensitive information, and senior members hold Federal Government security clearances.
Our breadth of experience and specialised methodology can expedite the process of analysing and identifying network intrusions. Our software and procedures are robust and flexible enough to provide you with a result that meets your needs whilst maintaining our high evidentiary standards. Cyber crime investigations cross territory and country boundaries without regard for local laws or procedures. Our global network of resources and skills are coordinated to ensure we have standard procedures not matter where an investigation is conducted. This enables us to manage investigations that require access to technology in any country around the world.