Many people today are worried about cyber crime such as hacking and identity theft. What problems does cyber crime cause andd what solutions can you suggest for ordinary people and business to take?

Nowadays, the incident of internet fraud is becoming alarming and

this

calls for concern by the residents. Oftentimes the action leads to financial loss and the death of victims.

However

, entrepreneurs and individuals need to take proactive steps

such

as installing anti-spyware on their gadgets and improving self-awareness.

Thus

, the essay will

further

explain with specific examples the effects and solutions to the menace in the subsequent paragraphs. One of the

first

complications is the failure of investment by defrauding citizens and financial institutions.

For instance

, it has been reported by the Financial Times that 20% of start-up loans for small enterprises were lost to people of the underworld during an online business engagement.

In addition

, it has resulted in the collapse of firms.

Secondly

, another issue that needs to be considered is the termination of victims' life after being swindled.

For example

, most individuals sometimes experience trauma post financial catastrophe and account for the poor mental health of the casualties and in the long make the victim commit suicide.

Subsequently

, a possible solution to the issue is for the commerce entity to incorporate anti-theft software on their computers.

For instance

, anti-virus like Avast and others are capable of preventing details pilfering by fraudsters.

This

will deter the antics of the perpetrators.

Moreover

, another way of resolving the situation is for ordinary people to browse reliable websites for activities .

For example

, users should be on the lookout for suspicious web dealings , self-awareness will make them fortify themselves against being cheated by fraudsters and they can do so by limiting commercial deals to secured channels.

Lastly

, internet criminals have been a pain in the neck to citizens and their jobs. While it has led to a deficit of capital and life of their victims.Henceforth, people should use appropriate protective software applications and increase awareness about online activities.