“Cybercrime is the greatest threat to every company in the world” – Ginni Rometty, CEO of IBM.
But what exactly is a cybercrime? It is defined as offences committed against individuals or groups which have a goal to cause harm or cause a loss to the victim. The modern telecommunication networks are used for this and cybercrimes have ways of committing frauds, scams, spam, stealing identities, information warfare, etc.
BestVPNs estimate the cost of cybercrimes and the damage created on the global economy is $4 billion.
There are many companies that are the goal of hackers. Since the beginning of the 21st century, Yahoo, TJX Companies, Sony PlayStation Network, Target, eBay and others have had a huge number of accounts hacked.
Furthermore, there were a lot of celebrities who got hacked. Emma Watson in 2014 and 2017, Tiger Woods in 2017, Mila Kunis in 2011, Miley Cyrus in 2014 and 2017, Rihanna in 2014, Jessica Alba in 2010 are only a few of them.
In the past year an enormous amount of money was spent on cybersecurity – a total sum of $11.7 million. It is expected to grow further and increase by 22.7% per year. The money spent on total IT security in 2017 was 100 billion, and it will jump to an astonishing $815 billion by 2021.
There are many ways in which we can secure ourselves from cybercrimes. Using strong passwords and changing them regularly, updating softwares, keeping personal information locked are some of them.
Please feel free to take a look at the infographic that follows to get to know more interesting facts about cybecrimes.