This research report delves into the impact of cyber crime, specifically focusing on the Australian context. The paper begins with an executive summary and table of contents, followed by an introduction outlining the growing problem of cyber threats and the increasing need for security measures. The research aims to explore the impact of cyber security on individuals, identify cyber crime processes, and promote awareness. The scope is defined by the prevalence of security flaws in devices and the potential for attacks on critical infrastructure. A comprehensive literature review explores threats and vulnerabilities, including ransomware, multi-vectored attacks, and identity theft, along with their impacts, from financial losses to disruptions of services. The research then poses key questions regarding cyber security and the effects of cyber crimes, followed by a discussion of the research design and methodology. The methodology includes positivism as the research philosophy and a deductive approach, utilizing secondary data collection methods from online journals and websites. The report also details sampling techniques, data analysis methods, and variable specifications. Research limitations and a research plan are also provided, concluding with a summary of the findings and a list of references.
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