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Cybercrime is a criminal activity that either targets or uses a computer, a computer network, or a networked device—most cybercrimes are committed by cybercriminals or hackers who want to make money. However, occasionally Cybercrime aims to damage computers or networks for reasons other than profit. These could be political or personal.

Individuals or organizations can carry out Cybercrime. Some cybercriminals are organized, use advanced techniques, and are highly technically skilled. Others are novice hackers.

Cyber Crime

Cybercriminal activity may carry out by individuals or groups with relatively little technical skill or by highly organized global criminal groups, including skilled developers and others with relevant expertise. Cybercriminals often choose to operate in countries with weak or non-existent cybercrime laws to further reduce the chances of detection and prosecution.

Impact of Cybercrime

Generally, Cybercrime is on the rise.  Accenture’s State of Cybersecurity Resilience 2021 report shows that security attacks increased by 31% from 2020 to 2021. The number of attacks per company grew from 206 to 270 year on year. Attacks on companies affect individuals, too, since many store sensitive data and personal information from customers.

A single attack – whether a data breach, malware, ransomware, or DDoS attack – costs companies of all sizes an average of $200,000, and many affected companies go out of business within six months of the attack.

What is Cybercrime?

Cybercrime is any criminal activity that involves a computer, networked device, or network.

While most cybercrimes are carried out to generate profit for the cybercriminals, some are carried out against computers or devices directly to damage or disable them. Others use computers or networks to spread malware, illegal information, images, or other materials. Some cybercrimes do both — i.e., target computers to infect them with a computer virus, which is then spread to other machines and, sometimes, entire networks.

A primary effect of Cybercrime is financial. Cybercrime can include profit-driven criminal activity, including ransomware attacks, email and internet fraud, identity fraud, and attempts to steal financial accounts, credit cards, or other payment card information.

Cybercriminals may target individuals’ private information or corporate data for theft and resale. As many workers settle into remote work routines due to the pandemic, cybercrimes expect to grow in frequency in 2021, making it especially important to protect backup data.

How to protect yourself against Cybercrime

Given its prevalence, you may be wondering how to stop Cybercrime. Here are some sensible tips to protect your computer and your data from Cybercrime:

How to protect yourself against Cybercrime

Keep software and operating system updated

Keeping your software and operating system up to date ensures you benefit from the latest security patches to protect your computer.

Use antivirus software and keep it updated.

Antivirus or a comprehensive internet security solution like Kaspersky Total Security is a smart way to protect your system from attacks. Antivirus software allows you to scan, detect and remove threats before they become problematic. This protection helps protect your computer and data from Cybercrime, giving you peace of mind. Keep your antivirus updated to receive the best level of security.

Use strong passwords

Be sure to use strong passwords that people will not guess, and do not record them anywhere. Or use a reputable password manager to generate strong passwords randomly to make this easier.

How Cybercrime Works

Cybercrime attacks can begin wherever digital data, opportunity, and motive exist. Cybercriminals include everyone from the lone user engaged in cyberbullying to state-sponsored actors, like China’s intelligence services.

How Cybercrime Works

Cybercrimes generally do not occur in a vacuum; they are, in many ways, distributed in nature. That is, cybercriminals typically rely on other actors to complete the Crime. This is whether it’s the creator of malware using the dark web to sell code, the distributor of illegal pharmaceuticals using cryptocurrency brokers to hold virtual money in escrow, or state threat actors relying on technology subcontractors to steal intellectual property.

Various Cybercrime Attack

Cybercriminals use various attack vectors to carry out their cyberattacks and constantly seek new methods and techniques for achieving their goals while avoiding detection and arrest.

Cybercriminals often carry out their activities using malware and other types of software, but social engineering is often an essential component for executing most types of Cybercrime. Phishing emails are another critical component to many types of Cybercrime, but especially so for targeted attacks, like business email compromise, in which the attacker attempts to impersonate, via email, a business owner to convince employees to pay out bogus invoices.

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