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- Cyber Security Blogs -

What is Cybercrime, Types, and Safeguarding Strategies

Q: Q1. What are the types of cybercrime?

Ans- Types of Cybercrime are: Phishing DDoS attacks Identity theft Ransomware Cyberstalking Internet fraud Cyber crime Cyber espionage Data breach

Q: Q2. Explain types of Cybercrime with examples.

Ans- There are diversified types of cybercrime recorded across the globe, and some of the noteworthy examples are email fraud, social media fraud, banking fraud, ransomware attacks, cyber espionage, identity theft, clickjacking, and spyware. Let's explore how these crimes are carried out.

Q: Q3. how cyber crime prevention can be done?

5 easy tips for cyber crime prevention - today Check if you've already been involved in a data breach. Visit haveibeenpwned.com and change those passwords for any accounts that it suggests may have been compromised. Check the strength of your passwords. Avoid these passwords. Trust no one (on emails) Secure your device.

Introduction

The cyber awareness need of 2024 starts with the need to understand “What is Cybercrime” and “What are the Different Types of Cybercrime” followed getting cyber security classes that help the netizens protect themselves from the choppy threats over the internet.

The advent of technology has indeed enhanced human capabilities to meet the challenging needs of the competitive environment today. Still, the vulnerabilities in the technological architecture, including the computer networks and devices, have laid the foundations for online cheating, fraud, and theft. As such, cyber awareness is the only effective tool that can neutralize online threats and attempts.

In this article, we will focus on understanding the core concepts of cybercrime by taking on elaborate questions like what cybercrime is, what the different types of cybercrime are, and what the right approach to cybercrime prevention could be.

We would also recommend going through JanBask’s cybersecurity certification programs designed to equip our students with knowledge and resources to fetch the most demanding jobs in the cybersecurity landscape.

What Is Cybercrime and Who Creates Cyberthreats?

Crimes performed over the internet using digital devices and technologies are called Cybercrime. The intent behind performing a cybercrime could range from professional to personal benefits. While things mostly revolve around financial benefits, technological misuse to commit personal reputational damage and spread vulgarity is equally prevalent.

People who commit illegal and criminal activities over the internet are cybercriminals. It can be an individual or an organization hiring spammers to meet a paid objective, possibly for a company or political organization. It has also been noticed that employees working in cybercrime organizations start individual operations, gaining experience and expertise over time. This indicates that the risk of cybercrime exposure is increasing with time, and the need to undertake some basic cybersecurity classes is mandatory to understand all the scenarios of threats over the internet.

What are the Types of Cybercrime?

These are some prominent Cybercrime types common over the internet these days. However, please be informed that this list is not exhaustive. Cybercriminals are continuously developing tools and methodologies to counter the updates in the software and carry out cyber attacks. Let us now move on to understanding the above-mentioned types of cybercrime with examples.

Cyber Crime

Types of Cybercrime with Example

Internet threats and crimes can be classified into categories of cybercrime. The four main categories of cybercrime are

Cybercrime types that target Individuals.
Cybercrimes that target business houses.
Criminal Activities that pose a threat to society.

Activities that pose a risk to the security of a country Despite being classified, the various types of Cybercrimes can be combined to achieve an evil objective. As such, understanding the different types of cybercrime individually gives a holistic view of tricks over the internet. If you want to pursue your career in the Cybersecurity field or just gain knowledge on types of cybercrimes and how they can be prevented, try reading cybersecurity books.

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1. Email Scams (Phishing)

Email scams are the most common scams that make deceptive attempts to collect personal information like usernames, passwords, and bank details. The operational method involves sending fake emails with links to redirect users to a bogus website that looks and claims to be the original entity.

Example of Phishing Scam:

This type of Cybercrime involves sending scammy emails to users, dupped as an original business house with which the user holds an account. The email domain looks similar to a genuine company but is forged. Here’s a sample email:

email scam

2. Financial Scams

Financial scams can be multi-faceted. Scammers draft fake schemes promising huge returns on investments or fake online marketplaces that offer cheap products (digital and physical). The attackers either ask for investments sensitive bank account information, or payment card information.

Example of Financial Scams:

3. Account Hacking

Under Account Hacking Cybercrime types, cybercriminals get unauthorized access to an individual’s or an organization’s account to make changes in the account to hamper the reputation of the person or the organization or steal some data to make monetary gains.

Cybercriminals use several methods and tools to hack accounts, including password guessing, phishing emails, asking to click on links, etc.

Example of Account Hacking Cybercrime:

4. Malware Attacks (Virus Attacks)

In this type of cybercrime, attackers target your computer system, infecting it with malicious software or a virus sent to you as a link in an email.

Example of Virus Attack on Computers:

5.Ransomware Attacks

Ransomware attacks encrypt a user's files or entire systems. Cyber attackers then demand a payment for releasing the systems.

Example of Ransomware Attacks:

6.Data Theft or Data Breach

The modus operandi in data theft type of cybercrime is exploiting vulnerabilities or using hacking techniques to access the databases to steal sensitive information, including personal, professional, corporate, and financial data. The data compromised may include critical personal or business details like trade secrets, training details, financial details or records, etc.

Example of Data theft cybercrime:

data theft

7. Password Breach

Password breaches are cases when cybercriminals in your database, maybe your social, professional, or financial account, breach your passwords. Hackers employ various techniques, including basic level techniques like guessing a password, to advanced tools to exploit vulnerabilities in a website to breach the passwords.

Example of Password Breach Cybercrime:

8. Distributed DoS attacks

Distributed DoS attacks (DDoS) are a type of cybercrime attack that cybercriminals use to bring down a system or network. A DDoS attack infects systems using standard communication protocols to spam the system with connection requests. Cybercriminals who carry cyberextortion may use the threat of a DDoS attack to demand money.

Example of DDos attacks:

9.Identity Fraud

Identity fraud cybercrimes occur when cybercriminals use stolen personal information to impersonate individuals for financial gain. Victims may face financial losses, damaged credit, and legal consequences unknowingly due to this type of cybercrime.

Example of Identity Fraud Cybercrime:

10. Infringing Copyright

We often encounter fake or duplicate copies of publications or other forms of content online and offline. These are the unauthorized use of copyright materials, and creating or distributing these materials is a type of cybercrime known as Infringing copyright.

Example of Infringing Copyright:

11. Cyber Espionage

Cyberespionage is yet another way to steal sensitive information and data from a network of computers. The modius opera di is silently accessing data for a longer time, and thus, these types of Cybercrime are widely designed to steal information for political, economic, or military purposes.

Example of Cyber Espionage Attacks:

12. Cryptojacking

In cryptojacking, hackers gain access to websites through various types of cybercrime and infect them with codes that secretly mine cryptocurrencies for the hackers.

Example of Cryptojacking Attacks:

13. Cyber-Extortion

Cyberextortion type of cybercrime that involves threatening an individual or an organization to damage its system if not paid a ransom. This can be a pre-cyber attack threat or one given after gaining access to a website.

Example of Cyber Extortion Cybercrime:

14. Illegal Items Selling

Selling illegal or unapproved items online is on the rise and is a serious threat to society. The Dark Web Marketplace is probably the most common site where illegal trades occur. This type of cybercrime involves selling drugs, weapons, and other commodities that are harmful to society and are banned legally.

Example of illegal Items Selling Websites:

selling crime

15. Restricted Gambling

Countries have laws to govern online gambling activities, and involvement in restricted gambling by exploiting legal loopholes or using an illegal platform is a type of cybercrime. Users must adhere to local regulations and choose licensed gambling platforms to avoid legal repercussions.

Example of an illegal Gambling Website:

The Impact of Cybercrime

The impact of cybercrime is huge and widespread. It crosses boundaries to damage individuals and organizations with financial losses, reputational damage, security threats, and operational disruption. We have seen in the examples above how the different types of Cybercrime compelled even giant organizations to halt their operations for weeks and pay ransom.

There have been several studies by reputed organizations, including federal reports, to analyze the impact of cybercrime, and the following are some data obtained that illustrates how the different types of Cybercrime are creating losses to organizations and individuals.

This includes:

According to the IBM Cost of Data Breach Report, the average data breach cost in 2022 was $4.35 million.
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) states that ransomware payments reached $41.4 billion in 2022.
A 2022 report by Cisco found that 60% of organizations have experienced a business-disrupting ransomware attack in the past year.
A 2022 report by IBM found that 52% of consumers would not do business with a company that has experienced a data breach.
The U.S. Cyber and Infrastructure Security Agency (CISA) report for 2023 found that there were 614 significant cyber incidents.

Why are Cybercrimes Increasing?

There are various reasons why cybercrimes are increasing, and one primary reason is the difficulty of investigating and prosecuting. While internet accessibility is unrestricted over different regions, legal jurisdiction does not allow cross-investigation over boundaries. Creating a false identity is easy on internet networks, and disbanding accounts makes it hard to trace the root of cybercrimes, especially across international borders. The Other reasons behind growing cybercrimes include but are not limited to:

1. Vulnerable Devices:

A major reason behind the rising cybercrime instances is vulnerable devices and technologies. The Internet allows connecting with other devices and accessible files on a system, as such scammers have developed tools that evade security and make stealing critical information over the network easy.

2. Technological advancements:

While on the one hand, technological advancements are creating new opportunities to develop highly efficient tools that make information sharing and accessibility easy, cybercriminals are using the advent of technology to develop tools and software that cause obstruction and damage the operation of an application or a computer. Instances arise when software denies service to a subscriber (D’os attack) and data associated with the software is compromised.

3. Lack of Cybersecurity Awareness:

Lack of security awareness is common among people and organizations. While non-techy folks favor free digital stuff, many organizations have weak cybersecurity infrastructure to safeguard the organizational interest against cyber attacks. In both cases, systems are exposed to hackers for committing various types of Cybercrime.

4. Increased Reliance on Technology:

The Increased reliance on technology has connected our various devices for technology access. With each device needing security measures, any vulnerability may extend the attack surface for cybercriminals. Further, our increasing subscriptions and digital accounts distribute our data over the internet. Any weak platform lacking adequate cybersecurity infrastructure may lead to a data breach.

Cyber Crime Prevention & Critical Tools

Finding a single solution to counter the rising cybercrime threats is practically impossible. Individuals and organizations need to develop tools, follow best operation practices, obey the guidelines, and boost awareness to counter cyberattacks effectively.

Some preventive measures may include but are not limited to the following:

Implementing strong cybersecurity measures: Installing genuine firewalls and intrusion detection systems.
Educating employees about cybersecurity: Training employees to identify and report suspicious activity is crucial to prevent cyberattacks.
Keeping software up to date: Regularly updating operating systems, applications, and firmware.
Using strong passwords and multi-factor authentication
Backing up data regularly
Proactive Responses
Removing the malicious software or code
Notifying affected parties
Analyzing the incident and planning measures to prevent any future cyber-attack.

Suppose you’re reading this blog to develop an in-depth understanding of cybercrime and cyber security and are willing to make a career as a cyber security expert. In that case, our next section will help you take the initial steps!

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Skills Required To Become a Cyber Security Expert

Cybersecurity experts play a crucial role in mitigating the various types of Cybercrime. Besides providing personal protection, the essential skills that lead to cybersecurity expertise can fetch you an attractive career in the IT sector. Now, what are those essential skills? Let’s take a walk through the essential skills that are required to become a Cybersecurity Expert.

skills

Cyber Security Certifications

Get ahead of the curve with trending cyber security courses available online and earn globally recognized certifications that will uplift your career. The online cyber security courses enable you to gain basic to advanced cyber security skills and techniques to defend against cyber threats. Enroll now for CyberSecurity Training and learn how to be a cybersecurity engineer.

Eligibility For Cybersecurity Online Courses

Candidates should have a bachelor’s or equivalent degree. Candidates with a basic understanding of Database Applications and Network Security should apply for career advancement opportunities.

Courses	Certification
Cyber Security - Master	EC Council Accreditation - Cyber Security Training & Certification
CISSP	New Age Online CISSP Training & Certification
CEH- Master	Certified Ethical Hacking Training & Certification

How JanBask Training Can Help!

Everything good has a flip side, and so will technological developments. Countering these flipping effects will need awareness that helps us take measures to prevent the ill effects. Cybercrime is a similarly evolving threat widely affecting individuals' lives and organizations' operations. The awareness needed in this space goes beyond the need to understand what cybercrime is or the types of Cybercrime. Educating ourselves and others about cybercrime is crucial to detecting, responding, and preventing threat incidents and promoting a culture of cybersecurity.

We must also adhere strictly to safe practices that prevent adopting strong cybersecurity practices, such as using strong passwords, keeping software up to date, and being cautious about what we click online.

At JanBask, we have specifically designed cyber security courses and certification programs that range from weeks to months and include cyber security certificate programs as well as cyber security degree online programs, imparting you with a need-based exposure to meet the internet threat challenges. Let’s join hands together. Working together can make our digital world safer and reduce the impact of cybercrime.

FAQs

Q1. What are the types of cybercrime?

Ans- Types of Cybercrime are:

Phishing
DDoS attacks
Identity theft
Ransomware
Cyberstalking
Internet fraud
Cyber crime
Cyber espionage
Data breach

Q2. Explain types of Cybercrime with examples.

Ans- There are diversified types of cybercrime recorded across the globe, and some of the noteworthy examples are email fraud, social media fraud, banking fraud, ransomware attacks, cyber espionage, identity theft, clickjacking, and spyware. Let's explore how these crimes are carried out.

Q3. How Cyber-crime prevention can be done?

Ans- Five easy tips for cyber crime prevention-:

Check if you've already been involved in a data breach. Visit haveibeenpwned.com and change those passwords for any accounts that it suggests may have been compromised.
Check the strength of your passwords.
Avoid these passwords.
Trust no one (on emails)
Secure your device.

Q4. Are cybersecurity certification programs good for your career?

Ans- The cybersecurity certification program is important because it provides tangible evidence of a person's knowledge, skills, and expertise in the field of cybersecurity. It helps individuals stand out from other candidates in the job market and can also help them advance their careers within their current organizations. Earn a cyber security certificate by enrolling in Cyber Security classes.

Q5. Where can I get a cyber security degree online?

Ans- Get Ahead Of The Curve With Janbask's Cyber Security Courses Online.

Our online cyber security courses enable you to gain basic to advanced cyber security skills and techniques to defend against cyber threats. Enroll now for cybersecurity certification programs and Get Expertise in securing your Critical Systems with the cyber security certificate.

JanBask Training

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