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Management Of Cybercrime In The Financial Field - Perspectives To Combat The Phenomenon

Author

Listed:
  • Robert HELLVIG

    (Athenaeum University, Bucharest, Romania)

  • Cătălin DUMITRESCU

    (Athenaeum University, Bucharest, Romania)

  • Matei DUMITRESCU

    (Department FABIZ, University of Economic Studies)

Abstract

The contemporary context requires us to be efficient, and to achieve this goal we must be up to date with the latest information and the latest technological innovations. Human society is in a new stage of development whose vectors are represented by digitalization, innovation and globalization. Through intelligent systems and techniques in the form of computer systems and artificial intelligence, the degree of satisfaction of human needs has reached a much higher level. Information and telecommunications technology takes control in more and more aspects of life, in the vast area of benefits and huge transformations induced by the digitalization of society finding an unprecedented speed of information flow, reducing distances and response time, the development of e-commerce (e-commerce), the crystallization of the highly digitized goods and services sector which includes digitally delivered products and services with predominantly digital content, the development of distance learning (e-learning), bank cards, transfers and electronic payments intensify cash flows, allowing capital movements to move to all corners of the world in a fraction of a second, the restructuring of companies and business in general, management being forced to adapt to the stresses of globalization and diversification, changing social relations.

Suggested Citation

  • Robert HELLVIG & Cătălin DUMITRESCU & Matei DUMITRESCU, 2020. "Management Of Cybercrime In The Financial Field - Perspectives To Combat The Phenomenon," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 59(3), pages 23-33, September.
    • Handle: RePEc:ath:journl:v:59:y:2020:i:3:p:23-33
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    References listed on IDEAS

    as
    1. Benos, Evangelos & Garratt, Rodney & Gurrola-Perez, Pedro, 2017. "The economics of distributed ledger technology for securities settlement," Bank of England working papers 670, Bank of England.
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    More about this item

    Keywords

    Blockchain; Ledger Technology; Bitcoin; IT crimes; Money Laundering; cryptography; technology;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C87 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Econometric Software

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