
doi: 10.2139/ssrn.2020637
This research shows that current information about cyber-fraud is being funneled to a variety of different organizations, including banks, regulatory agencies and various police agencies, or is simply not recorded. There is a clear shortage of data measuring the prevalence and costs of cyber-fraud in Canada and the available information is incomplete and fragmented. The lack of reporting of cyber-fraud incidents by individual and corporate/government victims means that many cases are not recorded or represented in official crime statistics. This research demonstrates a strong need for the creation of a national centre to record and measure data relating to cyber-fraud across Canada. A central databank of known cyber-fraud offenders and cases across the country could facilitate the identification and tracking of suspects in cyber-fraud cases and could further understanding regarding when one individual, or group of individuals, is committing fraud all over the country. Ultimately, a national databank on cyber-fraud incidents could give law enforcement officials a better understanding of the types of cyber-fraud being committed in Canada.
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