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    Hacking and Its Effects On Economy

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    ali hassnain
    The document discusses hacking and the deep web. It defines hacking as gaining unauthorized access to someone's computer system, describing ethical hacking done by "white hat" hackers for testing versus unethical hacking by "black hat" hackers using malware and trojans. It explains that the deep web comprises over 96% of the internet and is accessed through Tor, allowing for untraceable servers and dark web services. The document outlines how hacking can invade privacy and reduce social media usage, while deep web access enables illegal weapons, drugs, and trafficking. Specific hacks like those on HSBC, Tesco, Sony Pictures, and Mossack Fonseca are described and how they impacted businesses and economies.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Hacking and Its Effects On Economy

    Uploaded by

    ali hassnain
    89 views16 pages
    The document discusses hacking and the deep web. It defines hacking as gaining unauthorized access to someone's computer system, describing ethical hacking done by "white hat" hackers for testing versus unethical hacking by "black hat" hackers using malware and trojans. It explains that the deep web comprises over 96% of the internet and is accessed through Tor, allowing for untraceable servers and dark web services. The document outlines how hacking can invade privacy and reduce social media usage, while deep web access enables illegal weapons, drugs, and trafficking. Specific hacks like those on HSBC, Tesco, Sony Pictures, and Mossack Fonseca are described and how they impacted businesses and economies.

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    hacking and its effect on financial world and economies by M.Ali hassnain

    Original Title

    Hacking and its effects on economy

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    The document discusses hacking and the deep web. It defines hacking as gaining unauthorized access to someone's computer system, describing ethical hacking done by "white hat" hackers for testing versus unethical hacking by "black hat" hackers using malware and trojans. It explains that the deep web comprises over 96% of the internet and is accessed through Tor, allowing for untraceable servers and dark web services. The document outlines how hacking can invade privacy and reduce social media usage, while deep web access enables illegal weapons, drugs, and trafficking. Specific hacks like those on HSBC, Tesco, Sony Pictures, and Mossack Fonseca are described and how they impacted businesses and economies.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    89 views16 pages

    Hacking and Its Effects On Economy

    Uploaded by

    ali hassnain
    The document discusses hacking and the deep web. It defines hacking as gaining unauthorized access to someone's computer system, describing ethical hacking done by "white hat" hackers for testing versus unethical hacking by "black hat" hackers using malware and trojans. It explains that the deep web comprises over 96% of the internet and is accessed through Tor, allowing for untraceable servers and dark web services. The document outlines how hacking can invade privacy and reduce social media usage, while deep web access enables illegal weapons, drugs, and trafficking. Specific hacks like those on HSBC, Tesco, Sony Pictures, and Mossack Fonseca are described and how they impacted businesses and economies.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 16

    Muhammad Ali Hassnain

    Anwar
    FA17-BAF-023
    Effects of Hacking and Deep-
    web on Society and Economy
    Agenda
    • What is Hacking?
    • What is Deep-web?
    • How hacking effects
    • How hacking effects Business and Economies.
    • Effects of Deep-web on Society.
    • Conclusion
    Hacking
    • Gaining unauthorized access to someone’s
    computer through breaching into their
    system.
    • Types of hacking
     Ethical hacking\White hat hackers
    oPenetration testing.
    oSystem vulnerability testing.
     Un-ethical hacking\Black hat hackers
    oMalwares.
    oTrojan Horse.
    Continued
    oSocial Engineering .
    oNetwork Infrastructure Attacks (NIA).
    Deep-Web
    • Comprises of over 96% of Internet.
    • David Goldschlag and Michael Reed,
    mathematicians at the Naval Research
    Laboratory created TOR 1997.
    • Used over Onion-Protocol (proxy chains).
    • Accessed by Tor Browser.
    • Non-HTML/text content (.onion)
    • Untraceable Servers.
    • Dark-web Services.
    • Also used by governments.
    Effects of hacking on Society.
    • Invasion of others privacy.
    oHacking of private data
    oExploitation of vulnerable pc
    • Reduced usage of social media.
    oPeople do not feel secure with putting data on social media.
    oLess usage to communicate
    Effects on Economies
    • Wiki Leaks
    Julian Assagne was the hacker who founded Wiki
    leaks.
    • Collateral Murder Video, Diplomatic Cables and
    Guantanamoe files.
    • UN took notice of War Crime.
    • Globe-wide Protest of People against the war
    crimes.
    Countinued
    • NSA leaks
    oEdward Snowden leaked information of NSA
    Surveillance mission.
    oInvasion of privacy.
    oDrop in Social media usage.
    oProtest on a global level.
    HSBC and Tesco Hack
    • HSBC US and UK sites hacked for 3 days in
    july 2016.
    • Resulted in loss of customers.
    • Tesco US lost 20,000 credit card information
    making them unsafe.
    • Reputation of Tesco took a hit.
    Sony Pictures

    • Korean hackers retaliated in response to “The


    Interview” movie.
    • Social media platform also got hacked.
    • Damage of $15 million.
    Mossack Fonseca
    • Panama based law firm.
    • Hacked data contained attorney client
    privileged data.
    • Uncovered Political Scandals.
    • Dismemberment of Pakistani Prime
    minister.
    Effects of Deep-web
    • Easy Access to Illegal Weapons and Drugs.
    oOnion sites such as Silk-Road provide this
    service.
    oMoney is paid in crypto-graphed currency
    (Bit coins).
    oJust a click away
    • Human Trafficking.
    • Black markets to sell smuggled goods.
    Conclusion
    oAdvancement of the technology can not ensure its sole purpose to be
    positivity.
    oHacking do not only effect individuals but also the nations and their
    economies.
    oDeep-web has given a doorway to illegal activities.
    Resources
    • https://www.dailystar.co.uk/news/latest-news/529814/HSBC-suffers-major-security-breach-as-
    hackers-launch-cyber-attack-on-bank-s-servers
    • https://thehackernews.com/2017/07/android-banking-malware.html
    • https://en.wikipedia.org/wiki/Sony_Pictures_hack
    • https://www.theguardian.com/technology/2017/oct/11/personal-details-of-almost-700000-
    britons-hacked-in-cyber-attack
    • http://www.cbc.ca/news/technology/tesco-bank-uk-hack-1.3839603
    • https://www.engineersgarage.com/articles/hacking-introduction
    Thank You!

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