The global cost of cyber-crime is around $600 billion annually and increases year on year. This type of crime affects everyone, though the specifics can vary according to various factors. Big businesses and institutions are affected in different ways and fall prey to different methods than individual consumers. Young people tend to be affected in different ways to adults or seniors and to fall for different scams. The fact is though that whoever you are, wherever you are, you are a potential victim to cybercriminals. There were 15.4 million victims of internet fraud and identity theft in 2016 alone. The personal cost of this can be enormous. In monetary terms the average reported loss to cyber-related fraud is well over $1000.
To keep yourself safe online you need to be aware of the types of cyber-crime that are out there so you know what to watch out for. Some types of internet crimes and scams include:
There are myriads of other, different ways these cyber criminals access your hard-earned cash. The best way to keep yourself safe is to educate yourself on internet safety and follow some basic rules: