Here Are Some Common Types of Cybercrimes

Cybercrime is any criminal activity that involves a computer network or a networked machine like a mobile phone, tablet, laptop, etc.

Here Are Some Common Types of Cybercrimes

#1 Internet Fraud

The FBI defines Internet fraud as using Internet services or software with Internet services to defraud victims. Types of cybercrimes as Internet fraud can be phishing scams, smishing, spoofing, and more. Protecting yourself from Internet fraud means using proactive cybersecurity software with anti-malware capabilities to stop ransomware and block online scams.

Some experts define cyberextortion as a subcategory of Internet fraud. Cyberextortion is when hackers hold data hostage or threaten to release sensitive information unless they receive a bounty. A ransomware attack, where malware locks data until a ransom is paid, is a type of cyberextortion.

#2 Identity Fraud

Identity fraud is when a cybercriminal uses your personal information without your consent to defraud someone or commit a crime. How do cybercriminals gain your identity? Well, there are several ways. They may use social engineering attacks to trick you into sharing your confidential data or spyware and keyloggers to read your information secretly. Or they may use backdoor attacks to take control of your system.

In cybersecurity terms, a backdoor is any method a hacker uses to get around system security and gain root access to a computer, network, or application. Mobile devices can be vulnerable to backdoor attacks too. Not too long ago, software developers found a backdoor on Samsung mobile devices, allowing anyone with knowledge of it to gain remote access to sensitive data.

To protect yourself from identity fraud, use anti-malware software and monitor your financial accounts and credit reports. Report suspicious activity immediately to your financial institution.

#3 Cryptojacking

With prices of cryptocurrencies like bitcoin rising, people are dedicating more computing resources to crypto mining. However, not all crypto miners have access to hundreds or even thousands of computers. Many hackers use crypto-mining malware that infects computers and uses them without the consent of their owners. Cryptomining malware can reduce a computer’s life, raise energy bills, and has a large ecological footprint.

Your computer may have a crypto mining infection if your PC or Internet connection seems to be working overtime. Run an anti-malware scanning tool to check for malware.

#4 Cyberespionage

Cyberespionage is when hackers, often sponsored by a state, target governments or companies. Stopping cyber espionage can be a complex process, requiring multi-layered network security tools, honeypot computers, and defense against brute force attacks.

To stop corporate espionage, many companies employ keyloggers to monitor staff for suspicious activity. Though, this can sometimes be counterproductive and lead to undesirable consequences.

#5 Distributed-Denial-of-Service (DDoS) attack

Hackers use DDoS attacks to shut down websites or online platforms for mischief, secret national objectives, or financial gain. Not only does a DDoS attack negatively impact a target, but it also affects compromised computers and devices that hackers used to carry it out.

Stopping a DDoS attack can be challenging. It helps to partner with an online security company, use tools like CAPTCHA, and increase server capacity. To stop your computer or devices from becoming an unwilling part of a botnet, use complex passwords, good cybersecurity software, and software updates to your advantage.

With the world becoming more reliant on the Internet, we may continue to see different types of cybercrimes jump. The best way to prevent them is to stay cautious, observant, and use the best cyber defense measures.