Cybercrime, or computer-oriented crime, is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target. Cybercrime may threaten a person or a nation’s security and financial health.
Cybersecurity Ventures predicted that cybercrime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015. To put this in perspective, the costs of these cybercrimes
- Represents the greatest transfer of economic wealth in history.
- Risks the incentives for innovation and investments.
- Will be more profitable than the global trade of all major illegal drugs combined.