Cybercrime in India Statistics facts. Cybercrime, also called computer crime, is a type of crime which involves a network and a computer. It has the potential to harm someone’s financial strength and security by accessing the user’s personal information, and confidential data, stealing identities, committing fraud or deactivating the device.

A ransomware attack gains access to a victim's device through infected emails, messages, and malicious sites and encrypts the data in that device. The ransomware uses simple asymmetric encryption algorithms, blocks a user's files, and makes them difficult to decrypt without knowing the key.
The results are interesting: Almost all attackers ask for between $400 and $5,000. 25% of emails ask for amount less than $1,000. Over 90% of extortion emails ask for an amount less than $2,000. Attackers most typically ask for money ranging from $500 to $2,000. We speculate that the amount of money attackers ask for is relatively concentrated
Cyber liability insurance is a type of small business insurance for cyber threats or breaches involving computer systems and data. That can include sensitive customer information, such as credit
Here are Computer Weekly’s top 10 cyber crime stories of 2021: 1. Colonial Pipeline ransomware attack has grave consequences. Though it did not trouble the fuel supply at petrol stations in the
Following are the major types of coverages available under cyber insurance in India, 1. First Party Expenses: Cyber insurance covers first-party expenses that include direct financial loss, business interruption costs, cover for mitigation costs, recovery costs, credit monitoring, system damage, and any additional costs. 2. Clop's immense MoveIt Transfer-focused campaign that began in May is the most recent example of these types of data extortion attacks. These data extortion attacks are in many ways an extension and evolution of ransomware threat activity, but they typically cause less disruption to IT and business operations. Cyber extortion is an online crime in which criminals hold someone’s files or data, then threaten to coerce victims into giving them money or other valuable items. The result of a cyber extortion attack will cause the following consequences: Data breach. Financial Theft. Cyber Espionage. Sextortion is a serious crime that has negatively impacted thousands worldwide with an estimated 10,000 or more currently at risk. While this crime has garnered some headlines, there is a different type of sextortion that has been plaguing the cyber world — that of data breach extortion. .
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    • types of cyber extortion