There are many privacy concerns associated with Cybercrime. It is also referred to as cyberwarfare. Cybercriminals are often involved in espionage and financial theft.
Cybercrime is a type of computer crime that involves the use of a network. It can be committed by an individual or a group.
In 2015, over $2.5 billion was lost to cybercrime in the North America alone. According to a study conducted in 2018, cybercrimes collectively cost the global economy around $600 billion annually. The study noted that organized cybercrimes are becoming more prevalent in the country.