Common types of cybercrime include phishing, ransomware, malware, and identity theft. Hackers use these tactics to steal personal information, financial data, and other sensitive information.
Individuals can protect themselves from cybercrime by using strong, unique passwords, enabling two-factor authentication, being cautious about clicking on links or downloading attachments from unknown sources, and keeping their software up to date.
The cost of cybercrime to businesses is significant, with estimates ranging from billions to trillions of dollars annually. This includes expenses related to data breaches, lost revenue, legal fees, and damage to reputation.
In conclusion, cybercrime is a growing threat that requires collaborative efforts from technology companies, law enforcement, and individuals to combat. By making cybercrime more costly for criminals, we can help protect our digital world and safeguard sensitive information from falling into the wrong hands.
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Google and other companies aim to raise costs for cyber criminals.