10 THINGS TO KNOW ABOUT CYBERCRIME

INTRODUCTION

Knowledgentia Consultants which is the top cyber law firms in India, deals with all aspects of tackling cyber crime through effective implementation of cyberlaws in India. Our arena of expertise basically revolves around handling diverse aspects of cybercrime and privacy issues such as internet, ecommerce, privacy laws, credit card frauds, IT Act, data privacy, cyber bullying, online defamation, social media abuse, hacking, e contracts. With the onset of pandemic and increasing speed with which digital revolution is spreading itself, cybercrime hardly has any boundaries. Cybersecurity awareness and training has become a norm with most corporates, organizations and institutions. Moreover, increasing data and identity theft has further exacerbated the situation. At such times, its crucial to take support of experts from top cyber law firm in India, Knowledgentia Consultants to combat the threat in daily life.

10 THINGS TO KNOW ABOUT CYBERCRIME-

• GLOBAL RANSOMWARE DAMAGE

As increasing number of businesses and organization become dependent on the internet, the greater the opportunity for cyber attacks. Preventing and dealing with cybercrime in itself is resulting into huge damages and becoming a financial burden on many organizations.

• HEALTHCARE SECTOR IS WORST AFFECTED BY CYBER CRIME

Many hospitals and healthcare organizations lack technology infrastructure support and other resources resulting into making them most vulnerable to cyberattacks. The data and information stored with healthcare sector can be exploited by cybercriminals in many ways to harm people at large.

• SHORTAGE OF CYBERSECURITY WORKFORCE

Technology is changing at a pace faster beyond human imagination presently. The existing workforce in cybersecurity will haveto continue to upgrade their skills to deal with emerging threats each moment. Shortage in workforce can wreak havoc on the existing scenario.

• POOR CYBERSECURITY PRACTICES

Often, organizations indulge in poor cybersecurity practices on account of lack of sufficient training among management and employees which further adds to the existing menace.

• CYBERCRIMINALS TAKING ADVANTAGE OF EXPANDING SOCIAL MEDIA NETWORK

Cybercriminals are taking advantage of fast pace of growth of social media networks. Download links containing spam are frequently being circulated to users resulting into increasing identity, data thefts and other kinds of cybercrime.

• CYBERCRIME HAS BECOME A BUSINESS

Cyber terrorists and cyber criminals have made a business out of committing crimes on a daily basis and earning revenue out of it. Hackers are employed and paid for nefarious activities.

•  INTERNET OF THINGS AND 5G NETWORKS.

With launching of 5 G networks worldwide, connection between different devices at large scale will expose them to many threats. Enabling networks to develop a shield against such attacks will require investment into R&D as well as time which might serve detrimental.

• CYBERCRIME ECONOMY

Dark web has become an arena of running a parallel economy within cybercrime nexus. Criminals buy and sell malware, botnets, data lists and more to commit fraud and identity theft.

• FUNDS LOST AS A RESULT OF CYBERATTACK ARE UNRECOVERABLE

• ANTI VIRUS SOFTWARE IS NOT ENOUGH

Anti-virus software alone is not sufficient to defend  business against the multitude of threats that are continuously evolving and targeting companies of all sizes. A strategic approach is required in order to defend your organisation from all angles – particularly as more and more employees opt for a hybrid approach to work. Relying on IT security specialists to assess your current cyber security infrastructure and formulate a customised plan that works with your particular business model is essential. 

Knowledgentia Consultants has earned a name as one of the best law firm in India and most client focused firm providing solutions for cybercrime and privacy issues locally as well as globally. We are your one-stop solution for all kinds of legal, compliance and supplemental matters concerning cybercrime and privacy issues. In case of any query regarding this matter you may email us at info@knowledgentia.com or visit our website -https://knowledgentia.com/.