Data-Centric Analysis to Combat Cybercrime in Malaysia
- DOI
- 10.2991/978-2-494069-59-6_6How to use a DOI?
- Keywords
- Cybercrime; Cybersecurity; Cybercrime Legislations
- Abstract
One of the objectives of the National Policy on Industry 4.0 is to transform Malaysia’s industry capabilities in both a holistic and an accelerated manner and an integral component is the adoption of appropriate legislation against the misuse of ICTs for criminal purposes. These changes, it has become the catalyst for creating a new sophisticated cybercriminal environment using more advance and complex tools to find their target victims. The study reveals that the potential economic loss in Malaysia due to cybercrime technologies can hit a staggering US$12.2 billion with the financial sector having the worst hit. Cybercrime grows with the development of technology and these figures show that there must be something lacking either in the analysis, prosecution, or the laws. To achieve a successful prosecution in cybercrime cases, Malaysia needs comprehensive new legislation which can prosecute cybercrime effectively instead of having peace meals of legislation and regulations currently. Besides, there is also a glaring insufficiency in understanding cybercrime and a tremendous lack of qualitative and quantitative data in the empirical aspects of cybercrime including the types of incidences, the analysis process, and contemporary tool support. This is primary towards shaping the intended legislation with consideration for the technological aspects.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Swee-Wei Tan AU - Kok-Why Ng AU - Shereen Khan AU - Olivia Swee-Leng Tan PY - 2022 DA - 2022/12/22 TI - Data-Centric Analysis to Combat Cybercrime in Malaysia BT - Proceedings of the International Conference on Law and Digitalization (ICLD 2022) PB - Atlantis Press SP - 61 EP - 73 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-494069-59-6_6 DO - 10.2991/978-2-494069-59-6_6 ID - Tan2022 ER -