This article discusses the decrease in crimes that happen in a physical setting, for example, bank hold ups, and the increase in virtual settings, for example, online theft. This change is allowing for less violence but higher money figures.
I found this article interesting since technology plays a big part in this story. Technology is allowing for the criminal to access larger amounts of money and a larger amount of victims. Yes, online robberies cause less violence but banks nowadays have amble security protections. The article stated that when these protections were put in place the robberies fell more than 70%. This clearly deters the criminals. However, there is no such deterance for online robberies. The only backlash against the criminal would be extremely long and strong punishments.
As an avid online bank user myself I would not want the online banking system to end but there needs to be more online security somehow. Hopefully soon technology will become the solution to the problem they created.
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