Cyber Crime & Cyber Security – is an emerging and serious issue nowadays due to the huge impact of cyber breaches, and great loss to the economy of the nation. The threat of cybercrime continues to evolve and grow, as criminals adapt to new security measures and take advantage of changes to our online behavior. According to the report of the Norton Life Lock survey, Rs. 1.24 trillion was lost in India in the past 12 months due to cybercrime. 63% Indians of the 131 million cybercrime victims were impacted f….. The only constant appears to be our vulnerability: whatever new steps are taken, by companies or individuals, the criminals always seem to be one step ahead. The problem is that it isn’t an even contest. Hacking and online fraud are hugely profitable for organized crime, encouraging constant innovation and change in attacks. A notable recent development has been the packaging of sophisticated malware tools into kits that require few specialist skills to use. Now, criminals at the top of the chain can simply license their tools in return for a cut of the proceeds. With hacked personal data now cheap and plentiful in online marketplaces, cybercriminals have proliferated. The nature of the internet means that this crime knows no borders: criminal activity can be focused on the easiest and richest pickings, and the perpetrators can be spread across the globe. Crime-fighting agencies have been overwhelmed by the volume of activity, and stymied by the fact that so much of it originates from multiple overseas jurisdictions. India witnessed 13.91 Lakh cyber security incidents in 2022, Minister of State for Electronics and Information and Technology informed the Parliament. 33 billion accounts will be breached in 2023 which converts 2328 per day, 97 cybercrime victims per hour. Cyber attacks of 8,00,000 have been recorded in total, and on average, there is a hacker attack every 39 seconds.
