Concept

Cybercrime

Summary
Cybercrime is a type of crime involving a computer or a computer network. The computer may have been used in committing the crime, or it may be the target. Cybercrime may harm someone's security or finances. Internationally, both state and non-state actors engage in cybercrimes, including espionage, financial theft, and other cross-border crimes. Cybercrimes crossing international borders and involving the actions of at least one nation-state are sometimes referred to as cyberwarfare. Warren Buffett describes cybercrime as the "number one problem with mankind" and said that it "poses real risks to humanity". A 2014 report sponsored by McAfee estimated that cybercrime had resulted in 445billionUSDinannualdamagetotheglobaleconomy.Approximately445 billion USD in annual damage to the global economy. Approximately 1.5 billion was lost in 2012 to online credit and debit card fraud in the US. In 2018, a study by the Center for Strategic and International Studies (CSIS), in partnership with McAfee, concluded that nearly 1 perc
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