Should the cybercrime reporting be obligatory for businesses?

From: Andrijani (treebirds@hotmail.com)
Date: 03/25/02 

From: treebirds@hotmail.com (Andrijani)
Date: 25 Mar 2002 03:41:09 -0800

Dear all,
        I would like to get some comments on the topic that I post here. I
would like to get some comments for the topic that I post here.
 An article in the newspaper (The AGE, March 5, 2002) that I read,
Cybercrime a $3 trillion nightmare, raises the issue about the
necessary reporting of cybercrime through law enforcement. Is it
possible to make the reporting of cybercrime as mandatory for
companies?
My own view is that it is impossible in the current situation to make
organizations report cybercrime through law enforcement. The reasons
are:
1. the inertia of law to respond to the development of technology.
2. some companies are not willing to report to the authorized party if
this crime happens in their companies because of the fear of negative
effects that might arise, such as from customers, creditors,
governments, etc.
3. Lastly, many companies do not have enough standard security policy
or have different view about the necessity to implement security
systems.
Iwould be keen to hear any different view points.

Andrijani S.

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