What is Cybercrime? Tips for Protecting Your Business From Cybercriminals

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What is cybercrime? Computer crime is illegal activity that uses the internet to conduct business or carry out personal transactions. In fact, 80% of online fraud victims are unable to identify the perpetrator. Fortunately, there are many ways to protect yourself and your business. Cybercrime can happen to any business, whether large or small. Many attacks are automated and cost very little to execute. Here are some tips for protecting your business from cybercriminals.

Cybercrime can be a number of different crimes, including identity theft, phishing scams, and credit card fraud. Identity theft, fraud, and espionage are all common examples. Other crimes that can be committed on a computer are email fraud, social media fraud, and banking fraud. There are also cyberspies who use malware to steal information and destroy things on a computer. This type of crime is a serious threat that should not be taken lightly.

Many crimes are motivated by personal gain, but there are also more unconventional motives such as general boredom or vengeance. Other reasons can be for fun, such as gaining respect in online communities. Cybercrime is increasingly targeting businesses, and businesses are much more likely than ever to pay ransom to regain access to stolen data. In fact, 43% of data breaches targeted small and medium-sized businesses in 2018, which is why it is so important to educate employees about the dangers of cybercrime.