Jammu, June 07: Cybercrime has become the most disruptive threat for financial markets, but at the same time is the most underrated by both regulators and financial institutions.
Cyber crime is not an old sort of crime to the world. It is defined as any criminal activity which takes place on or over the medium of computers or internet or other technology recognised by the Information Technology Act.
Businesses and individuals are equally at risk of Cyber Terrorism both at home and in the workplace.
Cyber crime cases have witnessed a steady spike since 2018. India reported 2,08,456 incidents in 2018; 3,94,499 incidents in 2019; 11,58,208 cases in 2020; 14,02,809 cases in 2021; and 2,12,485 incidents in the first two months of 2022.
In today’s digital world, people are trading convenience for privacy – which means they’re sharing more and more information about themselves. While we can all appreciate one-click checkouts and saved passwords, that mental “autopilot” can sometimes steer us wrong. While we were all once cautious of anyone asking for information about ourselves, now we assume that’s just the cost of participation – you ask for my favorite book, I give it to you. You show me my password has expired, I try to log in with the link you conveniently provided to me. You send me an email from my boss, you get my attention and response. But this autopilot is what cybercriminals and hackers are effortlessly turning into hundreds of millions of dollars every year from people like you and me all around the world.
SOCIAL MEDIA CRIMES
More and more people, regardless of age and gender, are signing up for profiles on online social networks for connecting with each other in this virtual world. Some have hundreds or thousands of friends and followers spread across multiple profiles. But at the same time there is proliferation of fake profiles also. Fake profiles often spam legitimate users, posting inappropriate or illegal content. Fake profiles are also created while misrepresenting some known person to cause harassment to him/her.
“One can be easily trapped by Cyber Terrorists using the social media handle such as Facebook Instagram etc by stealing your confidential & personal information” Commonly Cyber Gangs using Fake Social Media accounts on the name of the Females using some sizzling Pictures. They First send Friend request on the Social media, Later convince the Male Facebook Profile for Some Oral Sex activities during the Video calls,Cyber Terrorists uses multiple devices to trap the person at the same time with recordings As the person agree to accept the video call they instantly records the whole conversation including that oral sex and starts threatening the individual to pay them (Cyber Terrorists) the healthy amount or get ready for the Defamation on Digital platforms
In another finding it has come into light that the Cyber Gangs also uses the Public Domain Pictures that one have shared on different social handles and creates Fake accounts on individual names and starts asking for money on ones name.
With your identity, the cyber criminal: can take out loans, incur credit, accumulate debt and, then flee without a trace. It can take years to rehabilitate your identity. A virus can destroy someone’s files and a lost database can result in receiving unwanted sales calls.
Cyber Crime is not something which we cannot deal with our self. Likewise, with little use of our common sense and logic, we can stop Cyber Crimes from happening.
To conclude, we can say that Cyber Crime is a dangerous offense to someone’s privacy or any material. Also, we can avoid Cyber Crime by following some basic logical things and using our common sense. Above all, Cyber Crime is a violation of not only law but of human rights too.
Few ways to fight cybercrime:
-Keep Timeline Privacy Lock to your social media handles such as Facebook, Instagram, Twitter etc
-Don’t add unknowns to your friend list on social media without verifying their authenticity
-Keep your gmail accounts password strong and link it with your mobile number and activate the unknown login report to your registered gmail I’d
-Keep two factor verification active on your Facebook and other social media handles
-Install the latest updates or enable automatic updates. …
-Regularly back-up your files safely. …
-Don’t click on phishing emails and dodgy links. …
-Don’t give out personal information unless the site is secure. …
-Install firewalls. …
-Block suspicious accounts on social media.
-Don’t Share your OTP with anybody giving reference of the Credit Cards or the Banking Sectors as the Banking Sectors never call the customers and ask OTP
-Don’t install unknown mobile apps that offers winning prizes and money in return
-Keep an eye on your bank statements
Our tips should help you avoid falling foul of cybercrime. However, if all else fails, spotting that you have become a victim of cybercrime quickly is important.
Keep an eye on your bank statements and query any unfamiliar transactions with the bank. The bank can investigate whether they are fraudulent.
Now you understand the threat of cybercrime, protect yourself from it.