A History Of Cyber Crime
We have learnt to place a great deal of faith in computer systems since they
have become a vital part of the everyday operations of corporations,
organisations, governments, and people. As a result, we've entrusted them with
extremely essential and valuable information. Things of value have always been a
target for criminals, as history has proved.
Cyber Crime is no exception. As
consumers fill their personal computers, phones, and other devices with valuable
information, they provide a target for criminals to aim at in order to profit
from the activity.
In the past, a criminal would have to commit a robbery in some form or another
in order to acquire access to a person's goods. In the instance of data theft,
the thief would need to break into a facility and sift through files in search
of the most valuable and profitable information. In today's society, criminals
may attack their victims from afar, and because of the nature of the internet,
these actions are unlikely to be punished.
Cyber Crime in the 70s and 80s
Criminals took advantage of the tone mechanism employed on phone networks in the
1970s. The assault was known as phreaking, and it involved the attacker
reverse-engineering the telephone companies' long-distance call tones.
The first computer worm appeared on the internet in 1988, wreaking havoc on
businesses. The Morris worm, named after its inventor Robert Morris, was the
first worm. Despite the fact that this worm was not designed to be malevolent,
it nonetheless did a lot of damage. In 1980, the United States Government
Accountability Office assessed that the cost of the damage may have been as much
The first recorded ransomware assault, which targeted the healthcare business,
occurred in 1989. Ransomware is a sort of malicious software that encrypts a
user's data and locks it until a tiny ransom is paid, after which a
cryptographic unlock key is sent. 20,000 floppy discs were delivered across 90
nations by an evolutionary researcher named Joseph Popp, who claimed the discs
contained software that could be used to analyse an individual's risk factors
for developing the AIDS virus. The disc, on the other hand, included malware
that, when run, presented a message requesting payment for a software licence.
Ransomware assaults have developed significantly over time, with the healthcare
industry continuing to be a major target.
The birth of the web and a new dawn for Cyber Crime
The web browser and email were widely available in the 1990s, providing new
tools for cybercriminals to exploit. The cybercriminal was able to dramatically
increase their reach as a result of this. Until the cybercriminal had to carry
out a physical transaction, such as handing over a floppy disc. Cybercriminals
might now use these new, very susceptible web browsers to send virus code around
the internet. Cybercriminals adapted what they'd learnt in the past to operate
via the internet, with disastrous repercussions.
With phishing assaults,
cybercriminals were also able to reach out and scam individuals from afar. It
was no longer required to interact with folks on a one-on-one basis. You could
attempt to trick millions of users simultaneously. Even if only a small
percentage of people took the bait you stood to make a lot of money as a
The decade of the 2000s saw the emergence of social media as well as identity
theft. Identity theft has become the new financial piggy bank for criminal
groups all over the world, thanks to the emergence of databases storing millions
of users' personal identifying information (PII).
Because of this information and the general public's lack of cybersecurity
knowledge, hackers were able to perpetrate a variety of financial frauds,
including creating bank accounts and credit cards in the names of others.
Cyber Crime in a fast-paced technology landscape
Cybercriminal behaviour has only become worse in recent years. We've seen the
cybercriminal grow more adept and difficult to apprehend as computer systems
have gotten quicker and more complicated. Botnets, which are a network of
private computers infected with malicious software and used by criminals to
manage millions of infected computer systems throughout the world, are already
These botnets allow hackers to overburden organisational networks
while concealing their origins:
- We see constant ransomware attacks across all sectors of the economy
- People are constantly on the lookout for identity theft and financial
- Continuous news reports regarding the latest point of sale attack
against major retailers and hospitality organizations
Organizations all throughout the globe are working to find a way to thwart such
attacks. Hackers, on the other hand, are one step ahead of the game thanks to
their ever expanding and innovating ways. However, future information security
professionals will safeguard us and assist us in making the cyber world a safer
To be prepared for the next wave of Cyber Crime, internet users must
provide a few essentials. Keeping computers safe with antivirus software is a
good beginning step, but understanding current threat trends may also assist
prevent your data from being read by outside parties.