What is the real cost of cybercrime? What are the impacts of Cybercrime?

 




Being hacked is about much more than just financial losses – and yet it’s about that, too. This is what it’s really like for individuals and businesses who fall prey to cybercrime.

Former FBI director Robert Mueller once said there are only two types of businesses – those that have been hacked, and those that will be. As our world gets smaller, and our systems for sharing information become increasingly interconnected, being hacked is becoming an inevitability.

Dr Cassandra Cross is an Associate Professor in the School of Justice at the Queensland University of Technology who specialises in researching cyber scams and their victims. She says that despite the rising prevalence of cybercrime, most people still don’t understand what’s really at stake.

“The problem is that people don’t perceive the threat of cybercrime to them accurately,” she says. “People think it won’t happen to them; that it’s something that only happens to other people. There’s a definite discrepancy between the actual threat of cybercrime, and how at-risk people think they are.”

For more information like Emotional effects and Business effects - please visit the main article source - Everyday life Effects of Cybercrime.

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