Chapter 7.8, Problem 4SGDQ

Explanation of Solution

White Collar Crime:

It is an economically motivated non-violent crime which is done by business professionals or government professionals. White collar crime includes money laundering, forgery, copyright infringement, etc.

Stealing information:

Stealing data from companies is one of the white collar crimes. Employees are willing to steal information rather than tangible items because, stealing tangible items are a crime. It is not possible to rationalize when employees steal items like cash, computer or any other tangible items. Data stealing can be avoided by encrypting information or by monitoring employees. But when comparing both, encryption is the best way to avoid stealing data.

Encryption:

Encryption is nothing but converting the original data to cipher text which is also called as encoding...