Cyber-crime is nothing but all illegal activities which are carried out using technology. Cybercriminals hack user’s personal computers, smartphones, personal details from social media, business secrets, national secrets, important personal data, etc with the help of internet and technology. Hackers are the criminals who are performing these illegal, malicious activities on the internet. Though some agencies are trying to tackle this problem, it is growing regularly and many people have become victims of identity theft, hacking, and malicious software.
Cyber crime is often referred to as exploiting the vulnerabilities of systems and networks for either monetary or other purpose. This is done by a hacker who gains an unauthorized access to the target’s system. There are plenty of reasons for the cause of these cyber crimes. Cyberterrorism is an attack which is carried out by terrorist groups against nations to fulfill their agendas. Here, networks and computers are attacked. The next cause is cyberwarfare; here, nations hack into other nations’ network to cause damage. By doing so, critical data is stolen, and infrastructure can also be hampered. In Cyber espionage, technology is used to gain information without consent from its owners. This can be done for monetary, social, or political gain. Lastly, the cause of cyber crime can also be due to various personal difference. These were few of the prime causes of cyber crime. You can watch the video below to understand more about cyber security.
Cybercriminals always choose for an easy way to make big money. They target rich people or rich organizations like banks, casinos and financial firms where a huge amount of money flows daily and hack sensitive information. Catching such criminals is difficult. Hence, that increases the number of cyber-crimes across the globe. Computers are vulnerable, so laws are required to protect and safeguard them against cybercriminals.
The problem behind safeguarding a computer system from unauthorized access is that there are many possibilities of breach due to the complex technology. Hackers can steal access codes, retina images, advanced voice recorders etc. that can fool bio-metric systems easily and bypass firewalls can be utilized to get past many security systems.
The computer has the unique characteristic of storing data in a very small space. This makes it a lot easier for the people to steal data from any other storage and use it for own profit.
The computers run on operating systems and these operating systems are programmed of millions of codes. The human mind is imperfect, so they can do mistakes at any stage. The cybercriminals take advantage of these gaps.
Negligence is one of the characteristics of human conduct. So, there may be a possibility that protecting the computer system we may make any negligence which provides a cyber-criminal the access and control over the computer system.
The data related to the crime can be easily destroyed. So, Loss of evidence has become a very common & obvious problem which paralyzes the system behind the investigation of cyber-crime.
The reasons for a cyber crime is its fundamentals. There are two measures I believe are at play here:
1. Reward to risk ratio – the rewards gained to the risks (legal) taken, which is too high due to weak cyber laws in the most part of the world.
2. Earnings to cost ratio – the earnings received for the capital invested, which is also too high.
Cyber crime is organised and at an industrial scale at the moment. The supply chain of tools, services and trainings required to support this industry (if I call it that way) is huge. All because of the factors mentioned above. Breaking this supply chain will temporarily disrupt the industry, but will not stop it from being back to operating state.
Attack the reward to risk ratio: governments around the world need to get together in making laws and enforcing it, including agreeing on extraditions. This will make the risk factor go up, making cyber crime a high risk activity.
Attack the earnings to cost ratio: this is harder to do. The cost of operating is controlled by the cyber crime supply chain (people who writes the malwares and other exploits). However, what we could do is to make it difficult for cyber criminals to penetrate our networks. When cyber criminals don’t see enough revenue from their operations, they will move on. (Remember: they also have costs).
Law enforcement is handicapped by the fact that cybercriminals can operate from anywhere with internet access. Scammers working in countries with limited digital crime laws or just lax enforcement standards can operate with impunity. If there’s little risk of being punished for online fraud, it’s bound to attract criminals.
Some of the drivers behind cybercrime are difficult to address. But everyone would be a lot safer if they’d keep the first item on our list in mind and simply stop to think before clicking on any links in emails or messages, no matter how authentic they may appear. A little forethought and natural suspicion can save you from a world of financial hurt.
Author Details: Aditi Yaduvanshi