2.0 These days it is very easy for anyone with a modern printer and scanner to create personal documents, cheques, passports, birth certificates and many other important documents. There is software available today that has image manipulating capabilities and printers with the same capabilities as the ones that print the original documents. “The forgers and the banks are engaged in a technological superi

Should there be greater regulation to the I.T. industry to aim to reduce the incidence of crime? Yes.

Other processes used involve producing “dummy” documents, using authentic identification coding in the MIRC (magnetic ink character recognition) and authentic business name but not matching. This causes documents to be bounced between organizations and when ultimately detected, the thieves are long gone.

3.1 It is possible for thieves to use computer to falsely manipulate records in such a way that companies seem to be more profitable than they actually are. This falsely raises share prices and hence sales of the shares returns a profit to the thieves. Access to files in financial institutions can allow thieves to skim money from transactions and accounts and transfer thousands/millions of small accounts into dummy accounts. This commonly called the “salami” method.

4.0 Technological theft is a massive issue. There are so many aspects that authorities are having a great difficulty just trying to keep up with technological advances. Thieves are finding new ways to steal and new objects worth stealing. Authorities have an ongoing battle to stay ahead of the criminal element who have enormous capacity to progress their technology rapidly. Technology has become so advanced it that is now known that computers put out electro-magnetic pulses. Now there are devices capable of reading these pulses and taking information from the pulses without any physical connection to the computer. “In addition, computers are being used to facilitate the theft of intellectual property, particularly copyright in computer software and audio-visual maaterials” (Australian Institute of Criminology – www.aic.gov.au) It is well known throughout the world that programs such as Napster and Kazaa (freely available to anyone with the internet) allow anyone to download anything at all, without anyone being able to monitor or enforce the downloads that breach copyright law.

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