From mundane home tasks like making coffee to complicated work duties, the internet has become an integral part of our life. It is difficult to imagine a time when the internet was not available or accessible. According to statistics, there are 5 billion internet users globally as of April 2022. 

In many respects, the internet has made the world a better place. It has also raised some security concerns. Data suggests that cybercrime caused $6 trillion in financial damage in 2022 alone.

Before we get into the topic at hand, here is some advice. If you have been searching for a reliable home security system, look no more. Give Cox home security a chance. Cox home security allows you to monitor your home from any external location. You can add equipment like smart locks, thermostats, etc. to enhance home security like never before. Reach out to the Cox customer service number to find out more. 

Are you worried about the dangerous threats treading the digital waters? Do not worry we are here to help! Keep reading to learn about the prevalent cybersecurity threats. 

What Is Cybercrime?

Cybercrime is malicious or criminal activity perpetrated using a computer network and connected electronic device. These offenses are done either to cause reputation harm or to gain financial benefit. There are many types of cybercrimes, but cybercrime overall can be broadly classified into two categories. These are:

• Cybercrime with the computer as a tool to cause extraneous damage 
• Cybercrime with the computer as a target to steal data 

Most Common Cybercrimes

Phishing

Phishing is one of the most prevalent cybercrime attacks. Statistics reveal that nearly 81% of organizations globally have reported an increase in phishing attacks. In this social engineering attack, cybercriminals impersonate high-ranking officials in an organization or a popular brand/personality by creating fake profiles or sending out fake emails. 

The message or email they send is riddled with malicious links containing viruses. At times, the fake messages ask for personal or financial information in the guise of a form or survey to steal data.

Ransomware

In this type of cyber-attack, a computer virus infects your device, and cybercriminals steal private or sensitive financial information. These criminals then ask for a ransom to release the information they have stolen which could be private health records, financial credentials, personal data, etc.   

Malware 

Malware is the shortened version of the term malicious software. It includes software created by hackers to harm computer systems and steal information. Viruses, Trojans, worms, ransomware, spyware, bots, etc. are some types of malware. According to statistics, there are more than a billion malware programs in the world. Nearly 560,000 malware programs are detected each day.

Online Bullying

Online bullying or harassment is also called cyberbullying. It describes malicious behavior in which the internet is used to threaten, harass, bully, or embarrass individuals. It includes sending a plethora of activities from sending inappropriate texts to posting false and defamatory content publically. 

Identity Theft

Identity fraud or identity theft is a type of cybercrime where an imposter acquires the personal information of an individual (driver’s license, social security number, etc.) and pretends to be them. Using an acquired identity, these criminals commit financial fraud, and health fraud, and may even be involved in child identity theft. 

Effective Ways to Deal with Cybercrime

Antivirus Protection

All your electronic devices should be protected with antivirus software. Antivirus software will not only deal with a cybersecurity issue when it arises but will also prevent any potential malware from attacking your device. 

Good Internet Browsing Practices

Even with security protocols and antivirus software in place, one needs to have good internet browsing practices to prevent cybersecurity attacks. Do not visit unsecured websites as they may carry malicious viruses. Do not download files from an unverified and potentially damaging source. Disable pop-ups and do not engage with ads as they may contain viruses and malicious software.

Staying Up to Date with Safety Protocols

Update your internet hardware, which includes your Wi-Fi router. Make sure it has the latest WPA3 security protocols, as they will ensure a safe internet experience and better internet connection.

In Conclusion

Reading the statistics and watching up on the news regarding cybercrimes can be scary. However, there is no need to be scared. As long as you are following good internet browsing practices and investing in the right anti-virus tools, your system is secure. Follow the preventative measures mentioned above to secure your home network and system against cybercrime.