Ways to prevent cybercrime
- Use strong and unique passwords
Your password is the first line of defence against hackers. Weak or commonly used passwords make it easier for cybercriminals to access your accounts.
To enhance security:
- Create strong passwords with a mix of uppercase and lowercase letters, numbers and symbols.
- Avoid using personal details like birthdays or names.
- Use a password manager to generate and store complex passwords securely.
- Enable two-factor authentication (2FA) wherever possible.
- Change passwords regularly and never reuse old ones.
- Keep your software and devices updated
Hackers often exploit outdated software to gain access to systems. If your software isn’t updated, you’re leaving the door open for cybercriminals.
Here’s how you can stay secure:
- Regularly update your operating system, apps and antivirus software.
- Enable automatic updates to ensure your system remains secure.
- Use trusted sources to download software and avoid pirated applications.
- Keep firmware updated on all connected devices, including routers and IoT gadgets.
- Be cautious with emails and links
Phishing attacks are among the most common cyber threats today. Cybercriminals send fake emails pretending to be from legitimate sources to steal sensitive information.
To avoid falling for phishing scams:
- Never click on links or download attachments from unknown senders.
- Double-check the sender's email address before responding.
- Be cautious of urgent messages asking for financial or personal details.
- See the actual URL before clicking.
- Use spam filters and report suspicious emails immediately.
- Secure your internet connection
Unsecured Wi-Fi networks are a playground for hackers. Cybercriminals can intercept your data if your connection isn’t secure.
Protect yourself by:
- Using strong, unique passwords for your Wi-Fi.
- Changing default router settings and enabling encryption (WPA2 or WPA3).
- Avoiding public Wi-Fi networks for banking or sensitive transactions.
- Using a Virtual Private Network (VPN) when browsing in public places.
- Enable multi-factor authentication (MFA)
MFA adds an extra layer of security by requiring more than just a password. Many banks, social media platforms and email services offer MFA, and enabling it can significantly reduce the chances of unauthorised access.
Best practices:
- Enable MFA for all critical accounts (banking, email, social media, etc.).
- Use app-based authentication instead of SMS-based OTPs for better security.
- Regularly update your MFA settings and backup recovery codes.
- Protect your devices with security software
Installing antivirus and anti-malware software is a crucial step in how to prevent cybercrime.
Choose security software that:
- Offers real-time scanning and threat detection.
- Blocks malicious websites and prevents phishing attacks.
- Includes firewall protection to monitor network traffic.
- Scans files and applications before they are installed.
- Be mindful of social media sharing
Oversharing on social media can make you an easy target for cybercriminals. Personal details like your location, phone number, or travel plans can be misused.
To protect your privacy:
- Limit the amount of personal information shared online.
- Set your social media profiles to private.
- Be cautious about accepting friend requests from strangers.
- Regularly review your privacy settings on all social platforms.
- Use safe online payment methods
Online transactions are common, but they also pose risks if not handled carefully. Fraudsters often set up fake websites to steal credit card information.
To ensure safe transactions:
- Always check for ‘https://’ in the URL before entering payment details.
- Avoid saving card details on shopping websites.
- Use virtual credit cards or digital wallets for added security.
- Enable transaction alerts to monitor suspicious activities.
- Backup your data regularly
Cyberattacks like ransomware can lock or erase your data. Without backups, you risk losing important files permanently.
Prevent data loss by:
- Backing up important files on an external drive and cloud storage.
- Scheduling automatic backups at regular intervals.
- Encrypting sensitive data before storing it.
- Keeping multiple copies of critical documents in different locations.
- Educate yourself and others
Cybercriminals use social engineering tricks to manipulate people. Understanding these risks is essential for the prevention of cybercrime.
Here’s how you can stay informed:
- Learn about different types of cyber threats.
- Participate in cybersecurity awareness programmes.
- Train your family, employees, or colleagues on safe online practices.
- Stay updated on the latest cyber scams through trusted sources.
- Consider getting cyber insurance
Even with the best precautions, cyber incidents can still happen. That’s where cyber insurance comes in.
A cyber insurance policy can help you recover financially from cyberattacks, covering losses due to:
- Identity theft
- Online fraud
- Ransomware attacks
- Data breaches
For businesses, cyber insurance provides added protection against:
- Loss of customer data
- Legal expenses due to cyber lawsuits
- Reputation damage from cyber incidents
Conclusion
Cybercrime is a growing threat but by following these safety measures, we can significantly reduce the risk of falling victim. From using strong passwords to securing your online payments, every step counts.
Being informed and staying vigilant is the best defence. Regularly update your security settings, educate yourself on emerging threats and invest in a cyber insurance policy to safeguard against unexpected cyber threats.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It is advised to verify the currency and relevance of the data and information before taking any major steps. Please read the sales brochure / policy wordings carefully for detailed information about on risk factors, terms, conditions and exclusions. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.