Cyber Crime: An Analysis of Cyber Threats, Impacts and Solutions

This report provides an overview of cybercrime, highlighting its increasing size and complexity, impacting critical systems, organizations, and individuals. It identifies prevalent cyber risks such as hacking, phishing, and malware, including ransomware, which can lead to significant financial losses and operational disruptions. The report emphasizes the role of cybercriminals in exploiting system vulnerabilities for financial gain or malicious purposes, like 'hacktivism.' It also discusses the impact of cybercrime on society, including financial losses, theft of intellectual property, and loss of consumer confidence. The importance of awareness and security measures in mitigating these threats, and the need for stronger legal repercussions for cyberattacks are discussed. References to books and journals are included to support the analysis.

CYBER CRIME

Title: Cyber Crime
Live on location at: BBC News channel
Day and Time: 1-aug-2021, 8:00 pm
Features of the programme: Internet governance, Phishing scams, IOT hacking, Website
spoofing. The size and complexity of cybercrime continues to grow, affecting critical systems,
organisations, and private persons equally. Cyber crime costs the United Kingdom billions of
pounds, causes immeasurable harm, and poses a national security concern. Cyber thieves attempt
to directly steal passwords, data, or money by exploiting human or security flaws. The following
are some of the most frequent cyber risks:
Hacking: that engage email passwords and threat against Social Media.
Phishing: personal details of individual and bogus email that asking for individuals security data
and information
Malicious Software: Criminal Hijacks File, and Ransom ware
Interview with a suggested expert: Kate Brush
Quotes to be used:
 Any illegal conduct involving a computer, networked device, or a network is referred to
as cybercrime.
 Cybercrime refers to a wide variety of harmful actions, such as illicit data interception,
system interferences that jeopardise network integrity and availability, and copyright
violations.
Summary of issue: Cyber crime is known as a criminal activity which target or adopted a
computer network for any kind of networking device. Cyber crime is it activity which is
committed bike cybercriminals that wants to make money and the cyber crime is the activity
which is carried out by the person or any kind of company. This report is going to explain about
the cybercrime and types of cybercrime which damage computers and individuals personal
information in order to make money. Every year, as individuals strive to earnings from weak
company system, cybercrime has risen. Attackers frequently seek ransom: 53% of cyber assaults
resulted in losses of $500,000 or more. Cyber threats can also be used for nefarious purposes. As
a kind of "hacktivism," some attackers want to destroy systems and data. Malware, which

includes spyware, ransom ware, viruses, and worms, is referred to as malware. Malware
infiltrates a network by exploiting a flaw, such as when a user clicks on a malicious link or
attachment in an email, which instals hazardous software. Ransom ware is a modern-day,
technological spin on extortion, a crime that has existed for centuries. At its most basic level,
ransom ware works by stealing something of significant value and demanding money in
exchange for its restoration. For the most part, this entails the encryption of firm information.
When ransom ware strikes, businesses grind to a halt, and employees are unable to do their
duties. Malware, according to Norton, is "malicious software" designed to gain access to or harm
a computer. Ransom ware is one type of malware that is meant to encrypt your data, but it isn't
the only one. Malware might have a variety of goals — power, influence, money, or knowledge
– but the end effect is usually the same: a time-consuming and frequently costly recovery
process. Cyberattacks occur in many shapes and sizes, as well as varying degrees of complexity.
Even fewer technically competent criminals may now commit cybercrime as a result of "off the
shelf" technology, and they are doing so as awareness of the potential rewards rises. The
increasing technological capabilities of software suggest that it might do greater harm while also
enabling new crimes, such as crypto mining malware, which targets digital currency.. Individuals
and businesses may suffer financial losses as a result of cyberattacks, as well as disruption and
anguish. We know there's a lot of underreporting going on, but the new General Data Protection
Regulation will certainly help us obtain a better picture of the problem. The intensity of attacks is
now not reflected in court sentences, which is a problem that has to be addressed.
Data, images, and evidence. .

Sources: Artur Usanov, Available Through < https://www.researchgate.net/figure/TOP-20-
COUNTRIES-GENERATING-CYBER-CRIME-15_fig4_319677972>
Sources: Bstones Police, 29 oct, 2015 <
https://twitter.com/bstonespolice/status/659739225286434816>

Opinion: Cybercrime is the concepts described as illegal behaviour that involves aur involves
the adoption of a computer on network device. The maturity but not all the individual according
to them cybercrime is there activity which is conducted by the cyber criminals or kind of
hackers. There are several kinds of Cyber crimes which create huge impact on the business and
individual lights. In today era, cyber crime is increasing day by day and it creates huge impact on
the economy of the United kingdom's. So it is very important for the individual and for the
government to control the cybercrime and work on H and caught the cyber criminals so that they
can maintain security of the individuals. The cybercrime create huge impact on society. The
impact of a single and successful cyber attack create a huge application on financial losses and
theft on intellectual property and losses of confidence among the consumers and also create
impact on the trust. Cyber crime is the activity which affect to the society in a several of different
ways like it can be done offline and it can be done online. So it is very important and essential
for the individual to become more aware and do not share their data with anybody. There are
several reasons for cybercrime like system one rail abilities assessing risk, lack of security
assistance. there are few individuals who are conscious about the increment in cyber security.
The primary impact of cybercrime is financials because a cybercrime engage several kinds of
profit travel criminal activities that is Internet fraud identity fraud ransom ware attacks and many
more. And along with this is it also create impact on the financial account of the individuals like
credit card or the payment card information full stop please all activities can damage the brand
image and affect the confidence and trust of the people while sharing their data to the company
or anybody.
3 aspects:
There are several kinds of aspects which can be contained in another program and that
can be social network , cyber bullying, cyber extortion ,identity theft and many more. There are
also a number of cybercrime conventions, which outline a number of criminal offences that can
compromise the integrity and availability of computer data and systems. There are numerous
more computer-related and content-related offences.

Refrences
Books and Journal
Ahmad, T., 2020. Corona virus (covid-19) pandemic and work from home: Challenges of
cybercrimes and cybersecurity. Available at SSRN 3568830.
Donner, C.M., 2016. The gender gap and cybercrime: An examination of college students’ online
offending. Victims & offenders, 11(4), pp.556-577.
Heitzenrater, C.D. and Simpson, A.C., 2016. Policy, statistics and questions: Reflections on UK
cyber security disclosures. Journal of Cybersecurity, 2(1), pp.43-56.
Viano, E.C., 2017. Cybercrime, organized crime, and societal responses. International
approaches, Basel.
Viano, E.C., 2017. Cybercrime: Definition, typology, and criminalization. In Cybercrime,
Organized Crime, and Societal Responses (pp. 3-22). Springer, Cham.