The Psychology of Cybercrime: Understanding Motivations to Craft Effective Prevention Strategies

Cybercrime has become a global crisis, wreaking havoc on economies, businesses, and individuals alike. Occurring at an alarming rate of over 2,200 times daily, with someone falling victim every 39 seconds, the damages are projected to reach an astounding $10.5 trillion annually by 2025. These attacks range from ransomware targeting critical infrastructure to phishing schemes exploiting unsuspecting victims, leaving behind a trail of financial loss, reputational damage, and societal distrust. Yet, contrary to popular belief, financial gain is not the only motivator for these crimes. Continue Reading..

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