10 Cybercrime Strategies to watch out for in 2023(+ Free security tips)

Cybercrime is a type of crime that involves the use of computers and the internet. It can include anything from identity theft and fraud to cyberstalking, cyberbullying, and others.  As Cybercrime strategies keep increasing, it is important to be aware of their types and the ways to prevent them. 10 Cybercrime Strategies to watch out for in 2023 1. […]

10 Cybercrime Strategies to watch out for in 2023(+ Free security tips)
Victor Elendu

Cybercrime is a type of crime that involves the use of computers and the internet. It can include anything from identity theft and fraud to cyberstalking, cyberbullying, and others.  As Cybercrime strategies keep increasing, it is important to be aware of their types and the ways to prevent them.

10 Cybercrime Strategies to watch out for in 2023

1. Hacking

This is perhaps the most common form of cybercrime, where criminals use various techniques to gain unauthorized access to computer systems and networks.

Hacking is the unauthorized access or control of a computer, system, or network. It can be done manually or through the use of automated tools. Hackers may use a variety of methods to gain access to a system, including guessing passwords, exploiting vulnerabilities, or using malware. Once they have access, they may be able to view, change, or delete data; install malicious software; or create new accounts with full user privileges. 

2. Phishing

This is a type of fraud where criminals send out emails or create websites that look like they are from a legitimate organization, in an attempt to trick people into giving them personal information such as credit card numbers, passwords, etc.

Phishing scams can take many different forms, but they all have one goal: to steal sensitive information.

3. Malware

This is short for “malicious software” and refers to any software that is designed to damage or disrupt a computer system. Malware can be used to steal personal information, destroy data, and take control of computers. It can also be spread through email attachments, websites, and social media. Malware can as well be spread through infected advertising.

This can include viruses, worms, Trojan horses, etc.

4. Denial of Service (DoS) Attacks

A Denial of Service (DoS) attack is an attack in which an attacker attempts to make a computer or network resource unavailable to its intended users. This can be done by flooding the resource with requests so that it cannot respond to legitimate requests or by consuming all of the resources so that legitimate users cannot access them. 

DoS attacks are often used as a way to disrupt service or take down a website or server and can be very difficult to defend against. There are some ways to perform a DoS attack, and new methods are constantly being developed.

A distributed denial of service (DDoS) assault is one typical sort of DoS attack. In a DDoS attack, an attacker uses a network of computers to flood the target with requests, making it unavailable to legitimate users. DDoS attacks can be very difficult to defend against because they come from many different computers.

Another type of DoS attack is an SYN flood. An attacker sends a large number of SYN requests to a server in an SYN flood. The server responds to each request with an SYN-ACK, but the attacker never responds to the SYN-ACK, causing the server to wait for a response that never comes. This can tie up the server’s resources and make them unavailable to legitimate users. 

DoS attacks can be very difficult to defend against. One way to defend against a DoS attack is to have redundant systems so that if one system is taken down by an attack, the others can still provide service. Another way to defend against a DoS attack is to use a firewall to block the attacker’s requests.

5. Theft of Identity

It is one of the cybercrime strategies where a fraudster gets hold of important pieces of personal data, including Social Security or driver’s license numbers, to pose as a different person. The imposter can then use this information to commit crimes or apply for credit, rent an apartment, or get a job in the victim’s name. 

Identity theft is a serious crime that can have lasting consequences for the victim. It can take months or even years to recover from the damage to your credit history and reputation. In some cases, the imposter may even commit crimes in your name, which can lead to your arrest and prosecution. 

There are a few things you can do to protect yourself from identity theft, such as keeping your personal information safe and monitoring your credit report for suspicious activity. If you think you’ve been a victim of identity theft, you should contact the police and the credit reporting agencies as soon as possible.

6. Cyberstalking

Cyberstalking is the use of the Internet, email, or other electronic communications to stalk, harass, or threaten someone. It is a form of online harassment that can include sending threatening or obscene messages, posting derogatory information about the victim, or engaging in other types of online harassment. Cyberstalking can be a serious problem for victims, as it can lead to fear, anxiety, and even depression.

7. Vishing

Vishing is a combination of phishing and voice calling. It is a type of social engineering threat that is regularly used to get user information, such as login credentials and credit card information. Hackers call unsuspecting victims and pretend to be customer service representatives from companies. They then ask for personal information, including usernames, passwords, PINs, credit card numbers, and bank account information.

More so, the attack can begin with a phishing email or text message that directs the victim to a fake website, where they are prompted to enter sensitive information. The attackers can then use this information to gain access to the victim’s accounts or commit fraud.

8. Ransomware

Ransomware is a type of malware that encrypts a victim’s files and demands a ransom payment to decrypt them. Attacks are usually carried out using a Trojan that is disguised as a legitimate file that the user is tricked into downloading or opening. When the Trojan is executed, it encrypts the victim’s files using a strong encryption algorithm, making them inaccessible. The attacker then demands a ransom from the victim to provide the decryption key that will unlock the files.

Ransomware attacks can be very costly for victims, as they may lose access to important files and be required to pay a large sum of money to the attacker to get the decryption key.

9. Spoofing

Spoofing is a type of cyberattack where a malicious actor impersonates another user or system to gain access to data or resources. In many cases, spoofing attacks are used to trick victims into revealing sensitive information, such as login credentials or financial information.

Spoofing can also be used to launch more sophisticated attacks, such as man-in-the-middle attacks, where the attacker intercepts communications between two victims and can eavesdrop on or tamper with the data.

10. Malvertising

Malvertising is a type of online advertising that uses malicious or intrusive ads to spread malware or force users to click on unwanted ads. It can occur on any online platform that displays ads, including websites, mobile apps, and even social media platforms. Malvertising can be used to spread malware, steal personal information, or force users to click on unwanted ads.

Sadly, malvertising can be difficult to detect, as malicious ads can be disguised as legitimate ads. And it can have a significant impact on users, as it can lead to malware infections, data theft, and unwanted ads. However, it can be prevented by using ad-blocking software or by avoiding clicking on unfamiliar or suspicious ads.

Security tips against Cybercrime strategies

There are many preventive measures for cybercrimes, but some of the most effective are:

  1. Educating yourself and others about cybercrime. This includes learning about common types of cybercrime and how to avoid them. It also means staying up-to-date on security measures for your devices and accounts.
  2. Using strong passwords and multi-factor authentication. This makes it harder for cybercriminals to gain access to your accounts and devices.
  3. Keeping your software and operating system up-to-date. This helps close security holes that could be exploited by cybercriminals.
  4. Backing up your data. This ensures that you have a copy of your data in case it is lost or stolen.
  5. Reporting any suspicious activity. This helps law enforcement investigate and prosecute cybercriminals.

FAQs on Cybercrime Strategies

What is the definition of cybercrime?

Cybercrime is defined as any illegal activity that involves the use of computers or the internet. This can include anything from hacking and identity theft to child pornography and cyberstalking.

What are some common cybercrime strategies?

There are many common cybercrime strategies, including phishing, malware, and denial-of-service attacks.

What type of prevention can be implemented to reduce or stop security threats

Firewalls are crucial weapons in the arsenal of security measures used to protect networks. By denying incoming traffic from suspicious sources, a firewall can aid in preventing unwanted access to a network.

What is malware?

Malware is a type of malicious software that can be used to damage or disable computers. It can be used to steal information, spread viruses, or even take control of a victim’s computer.

What is a denial-of-service attack?

A denial-of-service attack is a type of cybercrime in which criminals overload a website or server with traffic in an attempt to make it unavailable to legitimate users.

IBTLearning has a standard Cybersecurity course to get you or your team trained against all of these cybercrime strategies, and more. This is the best professional course, and it’s unique. Click here to enroll.

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