Cybercrimes have brought massive loss of funds and relevant authorities should formulate measures in order to address the situation.Consumers and businessmen have continued to face the problem of cybercrime as the legitimate uses of the internet have become more sophisticated and diversified. The crime that started in the late 1990s as a form of social engineering whereby criminals would steal passwords for consumers’ accounts with the intent of getting free connectivity has acquired significant growth and expansion into a profitable industry with the new forms of crime. These forms are monetary theft, identity theft, extortion, money laundering, and industrial espionage among other crimes (Ionescu, Mirea and Blajan p.375).The criminals who undertake various forms of cybercrimes operate from almost anywhere whereby they target businesses and people in all countries. There are many challenges that are posed by the volume and the scale of cybercrimes. Moreover, the technical complexity in the identification of the cybercriminals makes it hard for criminals to be brought to justice. The increase in the number of internet users and the nature in which most businesses are conducted online has enabled cybercriminals to increase their opportunities. Furthermore, law agencies have not formulated comprehensive mechanisms of addressing the issue of cyber crimes and the traditional type of policing that exists in many countries is incapable of apprehending the cybercriminals (Ionescu, Mirea and Blajan p.375).There are major types of cybercrimes. Vandalism of services concerned with telecommunication is one of the many forms of cybercrimes. This form has become a major industry whereby criminals are able to access circuits, make their calls and sell airtime to third parties. Moreover, the criminals have been able to access the telecommunication systems through impersonation of the technicians.
Resolving Issues Related to Cybercrime