EMERGING

EMERGING MARKETS:
A Review of Business and Legal Issues
won’t require physical presence and will assist in substantial decrease in the costs of
cybercrime investigation and prosecution. These innovative methods should eventually
replace present inflexible and obsolete national-based system of computer crimes’
prosecution.
5. Combating computer crimes in Ukraine.
Ukraine on its way from industrialized to informational society experience a number
of challenges posed by increasing flow of information in all the spheres of life. However,
besides fast economical transformations and building up an open democratic society Ukraine
also experience all the benefits and threats of globalized world, including rapid growth of
Internet industry and cybercrimes’ threats.
Acknowledging perils of computer crimes in the modern world Ukraine is an active
participant of international cooperation on combating of cybercrimes. The first international
agreement in this field Ukraine signed in 2001 in Minsk. That was an Agreement on
Cooperation of Commonwealth of Independent States in combating the crimes in the sphere
of computer information. This agreement established a common notion of computer crimes,
determined measures of mutual help and cooperation. The list of crimes in the sphere of
computer information according to the Agreement contained:
• illegal assess to electronic information that led to elimination, blocking or
modification of such information;
• creating, use or distribution of viruses;
• violation of the maintenance rules of computer networks by persons who have
access to such systems, which led to harmful consequences;
• illegal use of computer programs or other violation of intellectual property rights.
The next major step for Ukraine in international cooperation in computer crimes’
combating was accidence in 2001 and ratification in 2005 CU Convention on Cybercrime.
Page 93 Volume 1, April 2009