Many of the economies in the Former Soviet Union and Central and Eastern Europe (FSU&CEE) have become top cybercrime hotspots. According to Merchant Risk Council, half of the top ten economies from which most online frauds originated in the early 2000s were from this region: former Yugoslavia, Romania, Bulgaria, Ukraine and Lithuania (Sullivan, 2004). An estimate suggested that, in 2004, there were over 50 gangs of professional cybercriminals operating in Russia and Eastern European countries (Goldman, 2004). Organized crime groups in the region have reportedly developed expertise and are increasingly involved in cybercrimes (Giannangeli, 2008).
- Organize Crime
- Social Networking Site
- Federal Trade Commission
- Organize Crime Group
- Shanghai Cooperation Organization
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© 2013 Nir Kshetri
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Kshetri, N. (2013). Cybercrime and Cybersecurity in the Former Soviet Union and Central and Eastern Europe. In: Cybercrime and Cybersecurity in the Global South. International Political Economy. Palgrave Macmillan, London. https://doi.org/10.1057/9781137021946_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-43775-7
Online ISBN: 978-1-137-02194-6