ABSTRACT

This chapter is about situational crime prevention regarding financial cybercrimes, i.e., phishing and banking malware. This chapter shows that measures can be developed for all five strategies of situational crime prevention. These range from obvious measures, such as target hardening by monitoring, analyzing and stopping suspicious transactions by financial institutions and by keeping software up-to-date by end users, to more demanding measures, for instance, extending guardianship of financial institutions by means of always initiating criminal prosecution of offenders and civil proceedings against money mules. Finally, this chapter shows the importance of the human factor in cybercrime. Some of the proposed situational crime prevention measures are technical in nature. However, measures should also focus on human aspects; from either a criminal perspective or a (potential) victim perspective.