What is Cybercrime? How to Protect Yourself

Do you know that hackers use artificial intelligence too? Yes, modern cyberattacks use AI and machine learning to guess passwords, mimic voices, and even write phishing messages that sound human. If you are worried about the rising incidents of cybercrime and wondering how to protect yourself and avoid being a victim, this guide is for you.

It explains what cybercrime is and how to remain protected from cybercrime threats. To have all-around safety, consider purchasing cyber insurance from Bajaj General Insurance so that you can work in the digital space peacefully.

What is Cybercrime?

Cybercrime is any illegal activity that makes use of computers, the internet, or digital devices to harm people, steal information, or rob them of their money. It means using technology to commit fraudulent activities. With the rise in the number of people using the internet, cybercrime can be directed towards individuals, businesses, or even governments.

Who Are Cybercriminals?

Not all hackers are criminals, as ethical hackers or white hat hackers, use their skills to find security problems and fix them. But those who use it to harm others are called black hat hackers.

What Are the Types of Cybercrime?

Cybercrime attacks can harm your devices, or steal personal information, or block access to your data, or even syphon off money from your bank account. Following are the types of cybercrime:

Malware

Malware, or malicious software, is like a digital virus that sneaks into your device if you click an infected link or download something that is unsafe. Once the virus enters your device, it can cause havoc, like gaining access to your photos, bank details, passwords, etc. Some malware spreads from file to file, while some, like spyware, secretly watch what you do online.

Ransomware

Ransomware, or digital kidnapping, is when your files get locked and you are asked to pay an amount (ransom) to retrieve the files.

Phishing

Scammers send emails, texts, or messages to potential victims claiming to be from legitimate sources. You may click on it, thinking it is from your bank or credit card company, and enter your details. The moment you enter your personal details, they are used to access your accounts secretly. Without the victim’s knowledge, their bank accounts are emptied.

Denial-of-Service (DoS or DDoS)

In a DoS, a website of a bank, online store, or government is flooded with too much traffic, making it slow or unavailable. It may sometimes cause the site to crash completely.

Cyberstalking and Harassment

Cyberstalking means to use the internet to harass or threaten an individual, which leaves the victim scared or feeling unsafe.

Man-in-the-Middle (MitM)

In this type of threat, a hacker may secretly get between you and the site you are using and steal your login details or password.

Cryptojacking

Cryptojacking is when hackers secretly steal your device’s power to mine cryptocurrency, that means validating transactions on a blockchain. They don’t steal your data, but your device battery is used, causing it to slow down.

Spoofing

Spoofing is when hackers pretend to be someone you trust. You may receive a phone call claiming that he is your bank’s customer care executive. You might be asked to reveal OTP or password. When you do that, your account is accessed fraudulently and your bank account money may be stolen.

Password Attacks

Hackers may use keyloggers, malware that records every key you press. It helps them to guess weak passwords and access your accounts.

IoT Attacks

Smart devices like cameras, doorbells, and thermostats can be hacked if they are not secured properly. Since many of these devices have weak passwords or outdated software, they can be hacked. Such devices can be used to spy on you.

How to Remain Protected Against Cybercrime?

There are many ways to protect yourself from cybercrime, and most of them are simple habits that will help you remain alert and avoid being a victim of cybercrime.

Passwords Should Be Strong

Use strong passwords that are difficult to guess and turn on two-factor authentication, which means you need a second step, like an OTP from your phone to log in.

Update Your Devices Regularly

Make sure your phone, computer, and all apps are always up to date so that security fixes will protect you from new threats.

Install Anti-Virus Software to Protect Your Devices

Use anti-virus software to detect malicious software because prevention is better than cure.

Be Vigilant With Emails and Links

Never open email attachments or click on links from unknown or suspicious senders as they may redirect you to a fake website and once you enter your personal details, they will be accessed by the hackers.

Personal Information Should Not Be Shared on Social Media

Do not share too much personal information like your birthday, address, and other details on the internet. Set your social media profiles to private and review your privacy settings.

Unauthorised Activity in Bank Accounts Should Be Reported

Check your bank and credit card statements regularly and report any transactions that you do not recognise.

How to Educate Your Kids

Talk to your children about what is cybercrime and monitor their online activities.

What to Do If You Become a Victim

If you think you have been cheated or scammed online, immediately change your password and contact your bank to inform them about the incident. Also, report the incident to the police and cybercrime authorities.

Conclusion

In the wake of rising incidents of cybercrime, it is very important to know how to safeguard yourself and your kids against cyber threats. Remember, taking precautions is the first step towards a better tomorrow. To know more about cyber insurance policies that safeguard your well-being, visit Bajaj General Insurance today.

FAQs

1. Who commits cybercrime?

Cybercrime is committed by hackers or cybercriminals who use technology to harm others with a malicious intent.

2. Can I report cybercrime in India?

Yes, you can report cybercrimes on the official website, National Cyber Crime Reporting Portal or visit your nearest police station.

3. What should I do if I click a suspicious link?

If you suspect that you have clicked a suspicious link, immediately disconnect from the internet, run an antivirus scan, and change your passwords.

4. What is phishing?

Phishing is when scammers trick you into sharing personal or financial details through fake emails or messages.

5. Can my phone be hacked?

Yes, if you download unsafe apps or click on suspicious links, hackers can gain access to your phone.

6. How can I keep children safe online?

Educate them about cyber risks, monitor their screen time, and use parental control settings.

7. What is cyber insurance?

Cyber insurance helps you recover financial losses from online fraud, identity theft, or cyberattacks.

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***Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.