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During the last five years, cybercrime has cost countries billions of dollars. Experts estimate that the damages will reach $6 trillion by 2021.

Cybercrime is an umbrella term that refers to criminal acts that involve electronic equipment connected to the Internet. It includes violations of privacy laws, fraudulent use of credit cards, and illegal gambling. It also encompasses stealing identities, trafficking child pornography, and committing fraud.

Cybercrime has evolved from a relatively minor issue in the past to a major concern for internet users. In the modern era of technology, hackers are taking over systems and increasing the need for business owners to protect their networks and information.

Many people are unaware of the potential for being hacked. The internet offers a number of hiding places. These include unsafe websites and social media.

Computer viruses and malware are two common types of malicious software. These are designed to spread to other devices, do damage, and make money.

In the early days of the internet, phishing was a popular method of exploiting the system. This practice involves sending fake messages that try to trick users into providing personal information.

Cybercrime has become a lucrative business. The average cost of a cyber breach is $4 million, according to the Ponemon Institute. However, cybercriminals rarely get caught.

In the past few years, Target, Home Depot, and other companies have suffered data breaches.

The Internet’s broader attack surface provides more opportunities for hackers to steal information and access systems. This is particularly true in more complex systems.