Cybercrime

TechssocialCybercrime is the act of using digital technology to commit any form of crime. Back in 1983, when the internet came about, cybercrime was not seen as a danger. Today, not only has it become a severe source of worry and fear for internet users, but it has also left many with scars that may never heal.

Its History

Even though cybercrime only began to gain worldwide attention in 2000, it has always existed, way before the invention of the internet. In 1981, Ian Murphy hacked the American telephone company, granting users access to free calls anytime. This is regarded as the first recorded case of cybercrime.

Cybercrime in the 21st Century

The advent of the internet heralded the widespread and diversification of cybercrime. Today, cybercrime has gone way beyond mere telephone hacking. Shops, banks, businesses, and every organization that operates with the internet are among its victims. It has become one of the most severe crimes plaguing the 21st century, taking various forms like email hacking, malware attack, DDoS attack, phishing, identity theft, and many others.

Alarming Cybercrime Statistics

The staggering statistics surrounding cybercrime indicates that it is continuously on the rise. In 2019, the average number of days it takes to detect a cyber breach was 206 days. During this timeframe, a company would have lost millions and even billions of dollars.

Cybercrime has become so difficult to handle that less than 6% of folders in companies are adequately secured online.

What the Future Holds?

The history and future of phishing suggest that as technology advances over the years, the severity of cybercrime will only become more and more dangerous, not just for companies but also for individuals who use the internet.

Taking a look at the infographic below, it is safe to say that cybercrime needs to be taken more seriously and addressed in a better manner.

By Sagar Mandan

Sagar is HR at techssocial.net. He has been writing last 3 years on different blogging sites. He has also helped small businesses to gain their ranking.