Threats to individuals and businesses
Hacking
What are things that a hacker can do to me?
While your computer is connected to the Internet, the malware a hacker has installed on your PC quietly transmits your personal and financial information without your knowledge or consent. Or, a computer predator may pounce on the private information you unwittingly revealed. In either case, they will be able to:
- Hijack your usernames and passwords
- Steal your money and open credit card and bank accounts in your name
- Ruin your credit
- Request new account Personal Identification Numbers (PINs) or additional credit cards
- Make purchases
- Add themselves or an alias that they control as an authorized user so it’s easier to use your credit
- Obtain cash advances
- Use and abuse your Social Security number
- Sell your information to other parties who will use it for illicit or illegal purposes
Do criminals hacking into computer systems pose a risk to your health, safety, or prosperity? If you ask US adults this question, the answer is likely to be a resounding yes! Last month we put this question to 750 people and gave them four possible answers: Little or no risk; Moderate risk; Serious risk; and Very high risk. This chart shows answers by percentage of respondents:
Source: https://www.welivesecurity.com/2018/05/16/criminal-hacking-big-risk-health-safety-prosperity/
Identity theft
Identity theft occurs when someone uses your identity or personal information—such as your name, your driver's license, or your Social Security number—without your permission to commit a crime or fraud. There are many different types of identity theft that can occur as criminals are always looking for new ways to exploit consumer information.
Implications of surveillance for personal freedoms
A 2016 study showed that people alter their behavior when they are reminded that the government is watching their activities. To test the effects of surveillance, participants in the study were first shown a fictional news headline about the United States targeting the Islamic State in an airstrike. They were then asked how they felt about the event while being regularly reminded that their responses were being monitored. As a result, most people in the study began to suppress opinions about the fictional event that they felt to be controversial or that they believed may lead to the government to scrutinize them.
Beyond its corrosive effects on intellectual curiosity and free speech, two extremely dangerous products of mass surveillance include the gathering and assembling of surveillance data to create individual profiles and to fuel predictive analysis.
Security and law enforcement agencies aggregate surveillance data to create profiles of people and then attempt to predict their future behavior based on what they’ve done in the past. The problem with this practice is that it’s easy to make flawed presumptions and predictions based on data assembled in this ‘Frankenstein’ manner. These types of presumptions and biases are on display in so-called Crime Predicting software, which have been shown to disproportionately target poor and minority communities.
While some of our security agencies have said they only collect “metadata” and not the contents of our communications, using metadata in an attempt to glean insights from people’s behavior has a high potential for abuse, especially as ever-increasing amounts of data are gathered and stored in ways beyond our control. The recent revelation that CSIS has been illegally storing metadata about Canadians only reinforces the seriousness of the current situation.
Follow the link below for an article about the implications of mass surveillance.
Political, economic and physical risks to global supply chain flows
Keeping the Global Supply Chain Moving
New and emerging threats to the political and economic sovereignty of states
Profit repatriation
The transfer of corporate money or property from a foreign country back to its home country. Some foreign governments restrict this action to prevent a drain of capital or exploitation by the company to its home country.
Follow the link below for more on profit repatriation.
Tax avoidance by TNCs and wealthy individuals
Tax avoidance is the use of legal methods to modify an individual's financial situation to lower the amount of income tax owed. This is generally accomplished by claiming the permissible deductions and credits. This practice differs from tax evasion, which uses illegal methods, such as underreporting income to avoid paying taxes.
Panama papers
Disruptive technological innovations
Drones
BIZZBY SKY - Drones On-Demand
3D printing
Will 3D Printing Change Everything?
The correlation between increased globalization and renewed nationalism/tribalization
Ukraine
Ukraine is a Texas-sized country wedged between Russia and Europe. It was part of the Soviet Union until 1991, and since then has been a less-than-perfect democracy with a very weak economy and foreign policy that wavers between pro-Russian and pro-European.
This all began as an internal Ukrainian crisis in November 2013, when President Viktor Yanukovych rejected a deal for greater integration with the European Union (here's why this was such a big deal), sparking mass protests, which Yanukovych attempted to put down violently. Russia backed Yanukovych in the crisis, while the US and Europe supported the protesters.
Source and more at: Everything you need to know about the Ukraine crisis
Turkey
Turkey is undergoing a new nationalist wave led by President Recep Tayyip Erdogan, a study by the Center for American Progress (CAP) concludes.
The report and the findings of polls and focus groups conducted in Turkey late last year conclude that Erdogan is trying to craft a new nationalism.
"He is doing this with his political rhetoric, but he is also drawing on a genuine upswelling of nationalism from the Turkish populists" Max Hoffman, one of the report's authors, told VOA.
Hoffman said this new nationalism includes "real hostility towards the West, particularly the U.S., but also Germany and Europe. Correlated to that, there is widespread hostility towards Syrian refugees and to some extent, other immigrants to Turkey."
Ali Cınar, president of the Turkish Heritage Organization, said the main reason for the anti-U.S. attitude in Turkey is the anger against Washington for not extraditing U.S.-based Muslim cleric Fethullah Gulen and for supporting the Syrian Kurdish militia group YPG in the war against Islamic State.
The report and the findings of polls and focus groups conducted in Turkey late last year conclude that Erdogan is trying to craft a new nationalism.
"He is doing this with his political rhetoric, but he is also drawing on a genuine upswelling of nationalism from the Turkish populists" Max Hoffman, one of the report's authors, told VOA.
Hoffman said this new nationalism includes "real hostility towards the West, particularly the U.S., but also Germany and Europe. Correlated to that, there is widespread hostility towards Syrian refugees and to some extent, other immigrants to Turkey."
Ali Cınar, president of the Turkish Heritage Organization, said the main reason for the anti-U.S. attitude in Turkey is the anger against Washington for not extraditing U.S.-based Muslim cleric Fethullah Gulen and for supporting the Syrian Kurdish militia group YPG in the war against Islamic State.
Source and more at: Report: Turkey Nationalism on Upsurge Again
Synthesis and evaluation
Use the content from this post to plan an answer for the following question:‘Discuss how do technological and globalizing processes create new geopolitical and economic risks for individuals and societies?’. 16 marks.
Use mark scheme on page 56 from the new syllabus guide (AO3)
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