ABSTRACT

Cybercrime: Can a Small Business Protect Itself, Forum before the Committee on Small Business, United States Senate, One Hundred Sixth Congress, Second Session, March 9, 2000   [open pdf - 3MB]

From the opening statement of Hon. Christopher S. Bond, "Nine months ago this Committee held a forum on e-Commerce and its potential to allow a small business to compete successfully against its giant competitors. At that forum we outlined some of the obstacles to success in this dynamic market. The goal of this forum is to raise awareness of CyberCrime and to generate a dialogue between law enforcement and the small business community. According to a study by the University of Texas, e-Commerce accounted for the creation of 1.2 million jobs and $300 billion in revenue in 1998 alone. We all recognize what an astonishing growth pattern that is and the pace of it is truly remarkable. What is even more impressive is a recent Forrester Research study concluded that in January 2000 alone there was $2.8 billion in online retail sales, greater than the total $2.4 billion of retail sales for the entire year of 1997. We expect growth in this area to continue with increasingly more business being conducted via the Internet, both through e-retail and through more conventional business-to-business e-Commerce. With such expanded business activity, however, come new threats that we must address. A prime example is computer crime." Statements, letters, and materials submitted for the record include those of the following: Christopher S. Bond, John F. Kerry, Conrad Burns, Paul Conlon, Damon Dozier, Joan Neptune, Mary Riley, Scott Charney, Roger Farnsworth, Mary Ellen Bahret, Richard Barton, Charles H. DeBow, III, Marty Duggan, Jere W. Glover, Vernoica Jacques, Mark Keam, Rick Lane, James Morrison, Matthew Page, Maritza Rivera, Abe Schneier, Anthony R. Wilkinson.

Report Number:
S. Hrg. 106-527; Senate Hearing 106-527
Publisher:
Date:
2000
Copyright:
Public Domain
Retrieved From:
Government Printing Office, Congressional Hearings: http://www.gpoaccess.gov/chearings/index.html
Format:
pdf
Media Type:
application/pdf
URL:
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