The rising problem of cybercrime
Cybercrime is a massive problem that doesn’t look like it’s going to get better anytime soon. Cybersecurity Ventures’ latest annual report estimates that cybercrime will cost the world $10.5 trillion annually by 2025. That staggering figure takes into account a multitude of factors, including stolen money, lost productivity, restoration and the deletion of hacked data and systems.
And cybercriminals don’t only go after big organisations. “The victims of cybercrime involve individuals, organisations and businesses alike – virtually everyone from all walks of life,” explains the experts at SSLStore.
There are ways to protect yourself from cyberattacks, but unfortunately, there isn’t one all-powerful tool that does everything. “The right way to think about computer security is to liken it to Swiss cheese. Any slice of Swiss cheese is full of holes, but if you layer another slice on top of the first one, they cover up each other’s holes a bit,” Roger Thompson, founder of Thompson Cyber Security Labs, tells Reader’s Digest. “Two or three more layers and all the holes are covered up.”
Here are some of the best practices of people who have successfully avoided becoming victims of cybercrime.
They never shop on a website with an “http” URL
“Only transmit personal data on websites that are https. The ‘s’ indicates a higher level of security. Nowadays, all the reputable e-commerce sites are https – including Amazon and Google, plus the major airlines, banks, car rentals, hospitals, social services and hotel chains. Most scam sites, however, are http (no ‘s’ at the end), because http sites are cheaper than https sites. So, if you receive an email solicitation to use at a website that’s http, be extra careful. It could be a fraud attempt.” — Monica Eaton-Cardone, COO of Chargebacks911.
They only use trusted apps
“Phone users can risk exposure to viruses, malware and other online threats in many ways. Always use trusted app providers from trusted sources such as the App Store or Google Play. Jailbreaking your phone is one of the biggest risks to malware and other potentially dangerous viruses.” — Braden Perry, a litigation, regulatory, and government investigations lawyer.