Are all of us the potential victims of cybercrime? Why’re the stats getting worse?

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The world has gone all digital. The online landscape is expanding like anything. This has given rise to the use of both online mediums and devices. The growth of the online world has been the talking point for years. Mostly, because it has turned out to be quite beneficial for everyone. Be it a grocery store owner who know can now probably sell his goods to a wider market because of the online apps and websites. Or, be it the user who can now easily order anything online, starting from a shirt to a treadmill.

Now just the retain world, but also various other sectors have been benefited by the advancement of the online technology. Farmers are now able to find better ways to improve their yield because of the availability of weather forecasting or other powerful technological programs which help them with a variety of useful information associated with the seeds, crops, soil, weather etc. Or, because now, they can also improve their livelihood by selling their crops online. Even the healthcare professionals have been benefited by the advancement of the online mediums. The quality of healthcare services have increased tremendously, and the healthcare experts now have a lot of time to do important things all because of the advancement of the digital technology.

If everything is good about the online world, where are the loopholes?

Well, digitization has immensely helped people in every sector. The advantages are tremendous. But, at the same time, there are some risks involved with it as well. Especially, because using online mediums means transfer of data online. This implies that important information is transmitted and utilized online. Therefore, the users have to be extra careful with what type of information is being shared.



However, in most of the cases, if the business is online, even the most critical information will be shared online. This is the case where software IT outsourcing companies will have to invest in the mediums to prevent any type of data theft or data loss. Therefore, using the online mediums is not enough, the users have to have powerful cybersecurity solutions in place, to make sure that the data is protected. As it is the cost involved in the cyber-attacks are heavy. The cost involved in data breaches is boosted 29% to something like $4 million average per incident.

Why do cybercriminals attack?

Cybercriminals attack basically because of any sort of gains. Some of the major reasons why cybercriminals attack are:

Financial Profits

Cyber-crime is expected to generate $1.5 trillion gains in the year 2018. Financial gains are one of the most common reasons of most of the cyber-attacks. Therefore, most of the cyber-crimes take place because of direct or indirect financial profits.

Important Data

One of the major reasons that hackers do cybercrimes is to get important data. The corporate information which is stolen can be either sold to other firms, or can be used for other things. Most of the criminals are generally targeting the home networks in order to steal maximum information. Sometimes this information which is stolen is also used to scare the companies or to seek favors from them.

To get recognition the cyber world



Though, this might not be the most common reasons of cyber-attacks. But, some hackers do perform cyber-crimes just to get famous. They do it to let the world know their hacking capabilities.

Conclusion

The Internet is undoubtedly known to be one of the latest frontier for criminal offense. And, it is also considered to be one of the most money-making offense. Experts believe that a plenty of security incidents even are not reported and the actual amount is generally a lot higher. In this digital era, where computers and other device which are connected to internet are increasing with each passing day, it is quite important to have certain standards to safeguard the data which is shared online. Therefore, everyone, be it an individual, a small business or a big MNC, have to prepare plans to get rid of the cyber-crimes.

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