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It allows a person sitting in a remote location to access sensitive information stored on the computer or the network and commit various frauds. Several users have lost money to such tricks.
The experts find tracking cybercriminals is resource-intensive as hackers cover their actions. Today, criminals use complex and sophisticated technologies not restricted to the local geographical borders, leading to several scams.
Also, the sector is labour-intensive, and the amount of evidence needed to convict criminals is not easy to locate, decreasing the chance of prosecution.
Most such offences are carried out overseas, and it is considered a low-risk activity. At the same time, it can be difficult for the regulators to identify or pursue the culprit through the local jurisdiction route, especially when law enforcement agencies overseas do not guarantee cooperation.
Even the prosecutors have little information about this area, and such crimes are left unreported and uninvestigated due to a shortage of resources.
Even the legal sector has fallen victim to such offences, whereas there has been a substantial increase in the misuse and hacking of online shopping and payment platforms. However, one can report such a crime to the local authorities and raise concerns to prevent a loss.
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