Cyber Crime: A Growing Threat

Dereje Deressa
2 min readJun 11, 2024

Today, I would like to talk about cybercrime, an issue that affects millions of people worldwide. Like regular crime, cybercrime exists on the Internet and can have devastating consequences. Let’s explore some examples of cybercrime, its rising trends, and how it impacts individuals and organizations.

Stay vigilant and take proactive measures to protect your personal information online. Support policies and technologies that enhance cybersecurity, and always be aware of the potential risks when engaging in online activities.

What is Cyber Crime?

Cybercrime encompasses illegal activities conducted via the Internet. Common examples include identity theft, online predators, ransomware, and the theft of sensitive intellectual property.

Why is Cyber Crime Increasing?

Cybercrime is rising annually because it is easy to commit, has low risks of getting caught, offers high returns for minimal effort, allows attackers to target thousands of victims, and facilitates money laundering through cryptocurrencies.

Identity Theft and Its Consequences

Identity theft can have significant consequences for individuals, causing financial losses and considerable personal distress. Cybercriminals can steal personal…

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Dereje Deressa

Cybersecurity Practitioner | Digital Entrepreneur | Technologist