Impact of Cybercrime on Technological and Financial Developments

Abstract
The more sophisticated the technology, the higher the level of criminal activity. Before there was digital data, the world only had physical threats. However, the emergence of the internet and the global network creates cybercrime everywhere. The emergence of this crime is because many companies or organizations are involved in the internet network. For example, purchasing with a credit card requires a manual swipe tool, while now the credit card itself can be transacted online. Cyber attack is one of the crimes that can be experienced by anyone, especially with the increasing number of organizations connected to the Internet to make way for hackers to be able to work on an organization. Large developing markets are not spared from the cybercriminals. The higher their role in the global supply chain increases their attractiveness to attack through cyberspace. Attackers will use it if their site's security management is weak. Cybercrime is too easy to do. Many technology users are failing to perform the most basic protection measures. Many companies only think about their economic circulation without having adequate defense products, while cybercriminals use sophisticated and straightforward technology to identify targets, automate the creation and delivery of software, and easy monetization of what they steal. Cybercrime affects technology and finances a lot in the present. Many individuals, companies or banks suffer huge losses. Cybercrime can be anticipated by increasing security in the corporate network when communicating to the outside world.