How Cybercrime Affects Economic Security and National Well-Being
Cybercrime involves criminals and nation-states targeting systems and infrastructure to steal data or disrupt critical services. This includes attacks on businesses, banks, universities and government agencies. It also involves the use of malicious software, like ransomware, to extort money from businesses and individuals. In 2017 alone, the WannaCry attack cost hospitals and tech companies more than $8 billion.
As the world becomes more reliant on technology, it also becomes more vulnerable to cyberattacks. Whether it’s spear-phishing emails or the theft of personal information or copyrighted materials, these incidents are serious and can impact our economic security and national well-being. HSI works to prevent cyberattacks and respond to them when they occur by providing world-class training and outreach to law enforcement partners, Congress, industry and academia.
A person with a criminal record may find it harder to find work, especially in fields such as healthcare or finance. It can also impact housing as landlords often conduct background checks and a conviction can lead to higher security deposits or less desirable housing options. Additionally, the loss of professional licenses can have a significant negative effect on someone’s financial and career prospects.
The number of cybercrimes is skyrocketing, and the demand for investigators will continue to grow as the world gets more connected to the Internet of Things. This means it’s more important than ever to be aware of how to protect yourself online and how to report any suspicious activity to the authorities.