Cybercrime is a Global Problem Increasingly Social and Mobile

Abstract: With so much of our everyday communication and commercial activity now taking place via the Internet, the threat from cybercrime is increasing, targeting citizens, businesses and governments at a rapidly growing rate. The EU in particular is a key target because of its advanced Internet infrastructure and increasingly Internet-based economies and payment systems. The scale of cybercriminal activity represents a considerable challenge to law enforcement agencies and the total cost of cybercrime to society is significant.

Everyone agrees cybercrime affects everyone—governments, corporations, the public—but to what extent? And while vast sums are spent on security to protect against the evildoers, why is it so difficult to determine the amount of the damage they have done?

A recent report suggests that victims lose around €290 billion each year worldwide as a result of cybercrime, making it more profitable than the global trade in marijuana, cocaine and heroin combined. "It's been estimated that last year alone cyber criminals stole intellectual property from businesses worldwide worth up to $1 trillion," After surveying more than 13,000 consumers in 24 countries, the researchers found that the numbers of online adults increased by 20 percent from last year, and that cybercrime impacted just under ½ of them in the previous 12 months. The total direct consumer cost was calculated to be $110 billion, slightly down from last year’s $114 billion (USD), with the average cost per victim down approximately 20 percent. The reason the overall cost remains so high is that the pool of victimized online adults grew more rapidly - in other words, less money, but from more victims. In this paper we are going to give idea about how this can be possible and what we should do.

Keywords: Cyber Crime, Email, Exe joiner, IP Camera, Phishing, Root kit, SIM Card, Sniffers, SMS Spy, Spoofing, Zombies