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Cybercrime

What is Cybercrime?

cybercrime, also called computer crime, the use of a computer as an instrument to further illegal ends, such as committing fraud, trafficking in child pornography and intellectual property, stealing identities, or violating privacy. Cybercrime, especially through the Internet, has grown in importance as the computer has become central to commerce, entertainment, and government.

Because of the early and widespread adoption of computers and the Internet in the United States, most of the earliest victims and villains of cybercrime were Americans. By the 21st century, though, hardly a hamlet remained anywhere in the world that had not been touched by cybercrime of one sort or another.

Cybercrimes can generally be divided into two categories:

DDoS Attacks

These are used to make an online service unavailable and take the network down by overwhelming the site with traffic from a variety of sources. Large networks of infected devices known as Botnets are created by depositing malware on users’ computers. The hacker then hacks into the system once the network is down.

Botnets

Botnets are networks from compromised computers that are controlled externally by remote hackers. The remote hackers then send spam or attack other computers through these botnets. Botnets can also be used to act as malware and perform malicious tasks.

Identity Theft

This cybercrime occurs when a criminal gains access to a user’s personal information to steal funds, access confidential information, or participate in tax or health insurance fraud. They can also open a phone/internet account in your name, use your name to plan a criminal activity and claim government benefits in your name. They may do this by finding out user’s passwords through hacking, retrieving personal information from social media, or sending phishing emails.

Cyberstalking

This kind of cybercrime involves online harassment where the user is subjected to a plethora of online messages and emails. Typically cyberstalkers use social media, websites and search engines to intimidate a user and instill fear. Usually, the cyberstalker knows their victim and makes the person feel afraid or concerned for their safety.

Social Engineering

Social engineering involves criminals making direct contact with you usually by phone or email. They want to gain your confidence and usually pose as a customer service agent so you’ll give the necessary information needed. This is typically a password, the company you work for, or bank information. Cybercriminals will find out what they can about you on the internet and then attempt to add you as a friend on social accounts. Once they gain access to an account, they can sell your information or secure accounts in your name.

PUPs

PUPS or Potentially Unwanted Programs are less threatening than other cybercrimes, but are a type of malware. They uninstall necessary software in your system including search engines and pre-downloaded apps. They can include spyware or adware, so it’s a good idea to install an antivirus software to avoid the malicious download.

Phishing

This type of attack involves hackers sending malicious email attachments or URLs to users to gain access to their accounts or computer. Cybercriminals are becoming more established and many of these emails are not flagged as spam. Users are tricked into emails claiming they need to change their password or update their billing information, giving criminals access.

Prohibited/Illegal Content

This cybercrime involves criminals sharing and distributing inappropriate content that can be considered highly distressing and offensive. Offensive content can include, but is not limited to, sexual activity between adults, videos with intense violent and videos of criminal activity. Illegal content includes materials advocating terrorism-related acts and child exploitation material. This type of content exists both on the everyday internet and on the dark web, an anonymous network.

Online Scams

These are usually in the form of ads or spam emails that include promises of rewards or offers of unrealistic amounts of money. Online scams include enticing offers that are “too good to be true” and when clicked on can cause malware to interfere and compromise information.

Exploit Kits

Exploit kits need a vulnerability (bug in the code of a software) in order to gain control of a user’s computer. They are readymade tools criminals can buy online and use against anyone with a computer. The exploit kits are upgraded regularly similar to normal software and are available on dark web hacking forums.

Impact of Cybercrime on Society

Cybercrime has created a major threat to those who use the internet, with millions of users’ information stolen within the past few years. It has also made a major dent in many nations’ economies. IBM president and CEO Ginni Rometty described cybercrime as “the greatest threat to every profession, every industry, every company in the world.” Read below for shocking statistics on cybercrime’s impact on our society to date.

How to Fight Cybercrime

It seems like in the modern age of technology, hackers are taking over our systems and no one is safe. The average dwell-time, or time it takes a company to detect a cyber breach, is more than 200 days. Most internet users are not dwelling on the fact that they may get hacked and many rarely change their credentials or update passwords. This leaves many people susceptible to cybercrime and it’s important to become informed. Educate yourself and others on the preventive measures you can take in order to protect yourself as an individual or as a business.