As difficult as it may be to believe, the internet, as we know it today, has been around for just a few months short of 30 years. During the last three decades, it has truly changed the world. We can now have pizza delivered to our doors, do our Christmas shopping, order groceries, pay bills, and even work and go to school without ever leaving the sofa, thanks to the World Wide Web. Of course, all this activity creates new opportunities for criminals as well, which has led to a growing need for cyberlaw.
Cybercrime by the Latest Numbers
Though all those conveniences and many others have come to pass via the online world, certain negative developments have arisen as well. Cybercrime has been on an increase since the internet took effect, and it shows no signs of slowing down based on the latest figures. In fact, the FBI reports record numbers of internet-based wrongdoings for last year as well as the highest losses in 20 years. Almost 1,300 cyberattacks per day were reported last year, and monetary losses amounted to more than $3.5 billion.
Combating the Crimes
At the beginning of the internet’s rise to fame, there were no established laws to govern how people should conduct themselves online. When serious problems arose, existing laws were applied to internet-based cases and modified to fit the situations at hand. This led to a bit of a hit-and-miss scenario in terms of finding justice for cybercrime victims. These days, that’s not the case. Laws have been developed that pertain specifically to online wrongdoings, and you can find more info about them by conducting in-depth research.
While law firms like Sidley Austin work to help battle cybercriminals and protect victims, new laws are continually being established to cover online theft and other problems. At the same time, cybersecurity experts are developing increasingly more intricate methods of preventing such crimes to begin with. Legal representatives and cybersecurity companies are attacking the matter from both ends of the spectrum.
A New Development
As noted in the recent write-up, Microsoft: Hacking Groups Shift to New Targets, cybercriminals are directing their attacks at new areas in recent months. In addition to targeting critical infrastructures and major corporations, they appear to be refocusing a portion of their attention on certain private organizations. These include public advocacy groups and think tanks, to name a few. Individuals also continue to be targets of theft and fraud.
In the wake of the COVID-19 pandemic, cybercriminals are looking in yet another direction, according to realtimecampaign.com and other sources. Healthcare organizations, medical research and development teams, and other members of the industry have become unexpected victims at this point. Analysts are unsure of where this new digital crime spree is going, but it appears to be focused largely on the United States. Many of the attacks are said to originate in Russia, North Korea, Iran, and China.
There’s no denying that the internet has changed people’s lives for the better in several ways. We have greater access to much-needed information, goods, and services while being able to remain connected to friends and loved ones like never before. All the while, we can access those elements without leaving home. Though this leaves us more vulnerable to online attacks, numerous authorities are working on combating the negative so we’re better able to take advantage of the positive.
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