What is Cyber Crime?
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| Cyber Crime |
Cybercrime involves activities like raiding bank accounts and stealing information from companies computer crime or cybercrime is a crime. That involves a computer and a network the computer may have been used in the commission of a crime or it may be the target cybercrimes are offenses that are committed against individuals or groups of individuals with a criminal motive to intentionally harm the reputation of the victim or cause physical or mental harm or loss to the victim directly or indirectly using modern telecommunication.
networks such as internet, chat rooms, emails, notice board and groups and mobile phone such crimes may threaten nation’s security and financial health issues surrounding these types of crimes have become high-profile particularly those surrounding hacking copyright information child pornography and child grooming there is also problems of privacy when confidential information is intercepted or disclosed lawfully or otherwise activity crossing international borders and involving interests of at least one nation-state is sometimes referred to as cyber warfare. The international legal system is attempting to hold actors accountable for their actions through the International Criminal Court.
Types of Cybercrimes?
3 main types of cyber attack
This
is where malware is installed on multiple computers there are various ways that
a distributed attack can reach your PC or mobile phone.
Encryption and ransomware hackers encrypt you
files and hold your data to ransom never pay the ransom more often than not
they’ll take your money and still not unlock your data the only solution is to
restore your data from backup. Browser manipulation the malware manipulates what
you see on your browser and steal your data, for example, the malware inserts a
few extra lines of code into your bank’s website the website looks the same but
the malware is stealing your data.
Key
Logger: This type of malware sits in the background of your pc and
captures what you’re typing to learn your behavior and potentially catch your
personal data.
Distributed
Denial of Service (DDOS): Bombard your website with traffic until
the server collapses and goes offline. So, how could you get caught
by this malware? You install it. It could be in the form of a website downloads a pop-up box where you’re a
winner type of messages, emails attachment or USB drive.
How do I avoid it?
Don’t click on any links or pop-ups the looks suspicious
or that you’re not expecting. If in doubt don’t click on a PC you can press
Alt+ F4 to close the window completely.
2.Central Attack:
This
is where a central system is hacked in a bid to get customer data usually for
financial gain alternatively a central attack may be done in the name of
hacktivism for moral social or political reasons a prime example of this was
the Ashley Madison hacking scandal in 2015. Which saw thousands of appliance
form the infidelity dating website have their personal details stolen with the threat of exposure if the parent company didn’t shut down.
How do you avoid it?
Unfortunately, you can’t that says you have absolutely no control over whether or not this happens but central
systems are becoming more and more vigilant and resistant to such attacks.
3.Personal Attack:
This
is exactly what it says on the tin a personal attack on your data. The most common types of personal attack are email spoofing, telephone spoofing, and
letter spoofing.
How can you avoid it?
B’s cybercrime aware stay
vigilant and use your common sense if someone calls you to form
Microsoft to
remotely log on to your home computer the chances are it's fake ask yourself. If it’s too good to be true.
Cybercrime report 2019
Today’s cybercrime world has
been lowered. it is now easier than ever to carry out an attack join us as we
go under the hood of this clandestine ecosystem understand where the attack begins
and how malware is now more stealthy and targeted learn how it goes under the
radar so much so that crypto hackers infect ten times more organizations than
ransomware but only one in five IT security professionals are aware they were
affected checkpoints cybercrime report brings you up to speed get your copy
today.
Why You Should Be Concerned About Cybercrime
Over the past few years, cybercrime has increased exponentially. If you haven’t noticed, state and federal agencies have developed cybercrime units and created new legislation to fight online crime. While the good guys continue combating these cybercriminals, there are some stats from SecurityIntelligence.com you should be aware of in order to appropriately protect yourself:
- By 2019, the cost of cybercrime will reach $2 trillion dollars.
- Identity Theft Resource Center’s "ITRC Data Breach Report" noted that more than 29 million records were exposed in 858 publicized breaches in financial, government, healthcare, and education in 2015 alone.
- The average cost per stolen record in America is $220 (that’s just in initial damage)
- The average cost of a data breach involving the theft of assets totaled $879,582 for small and mid-sized businesses. They spent another $955,429 to restore normal business in the wake of successful attacks. The problem is as technology is utilized more in business, it also becomes a more appealing target in the hacking and cybercrime communities… and there’s no sign of it slowing down.
Because of the unseen nature of
cybercrime, it can be easy to overlook it as a threat. You might not think to
“lock the doors” of your IT network. And, you’re not alone. Looking
at the facts above, it’s evident that many businesses focus on what they do best-
serving their customers and growing their business, all the while, network
security is overlooked.
You might be wondering how to
best protect yourself. Basic anti-virus software and firewalls within your
network can help, but if you aren’t paying attention to updates or the latest
technology, you are still vulnerable to the growing cybercrime epidemic.
To best protect your critical
business data and customer information, you might want to consider employing a
team of technical experts. At Continuity Centres, we can help tailor your
system to keep you safe from outside interference. By knowing your
business needs and capabilities, as well as the ever-changing threats on the
web today, we strategize a plan to keep your business secure.
5Most Devastating Cyber Attacks
Number 1: Melissa Virus
David Smith is perhaps, the discoverer of phishing attacks. Taking you to an America online chat group, Smith posted a document claiming to have credentials to several websites, but whose true content was the Melissa virus. Melissa then went viral.
Spawning itself across global email servers and several tech-savvy companies, including Microsoft, Intel, Lockheed Martin, were forced to shut down their email services after Melissa caused over $80 million in damages. The attack is inevitable.
Successful attacks are not but when we lock our focus on cyber resilience, we can withstand the unending parade of attacks and by persisting our security posture and maintaining line-of-sight, the attack the surface is compressed and becomes an inhospitable place for an attacker to win.
Number 2: Sony Pictures
The Guardians of peace (or GOP) fessed up to the crime by releasing a trove of sensitive data, including personal information, messages and correspondence, executive salaries, and even snatching several of Sony’s films. The group used a modified Shamoon wiper malware with a mechanism to wipe hard drives, unlike typical goals of stealing data, this malware hurts victims by completely eliminating their valuable information.
Number 3: Jonathan James
James breached the United States Department of Defence in
1999. Stealing Password, confidential messages, and software design for space
exploration and the US military.
In the 1960s, John F Kennedy famously urged the United
States to “Go to the moon… not because it is easy but because it is hard”.
Well, mission accomplished. But, 30 years later NASA had to
shut down its entire network for three weeks, costing millions in response to
James’s brute-force attack.
Number 4: Conficker
In 2008, this worm exploited a number of Windows operating systems. It then, linked these computers together into a massive botnet, which was a new idea at that time. Conficker had several spoils of victory, including the creation of a whole new class of threats and leaving many world leaders no choice, but to call in favors from other nations to mitigate the attack.
Mafiaboy’s denial of service. Michael Calce, aka Mafiaboy, then 15 years old claimed that he had unknowingly input several widely known IP address into a security tool he had downloaded from the web.
Being a teenager, Calce went off to school and when he returned home, find his exploits were plastered all over the news. Denial of service attacks, like Mafiaboy, flood a site with traffic, disabling its ability to serve legitimate users. Yahoo, which, at the time was the world’s most used search engine collapsed, Buy.com, eBay, CNN, Amazon was all brought down for several hours, costing billions in the aftermath.
So, what are your top five? Drop them in the comments section
below and I can’t wait to see who’s on your list.
Thanks for reading the article.
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