Cybercrime is a way more lucrative business than many others, and the criminals earn way more than many business people. Money works as motivation, which is why they work with much more passion than most other professionals. As per Cybersecurity Venture Report , cyber crime is going to cost the world USD 10.5 Trillion by 2025 ! Cyber Criminals work day and night and always keep finding fresh hacks or tricks to destroy any organization or cooperation’s security so that they can get some crucial information and make a profit from it. But the question is, what motivates them so much to do so, and how can they easily earn so much profit? The answer can vary by experts, but the main point is that they don’t need to buy such an expensive high-tech tool to hack; neither they require to learn any particular hacking skill that costs much. Malware may be costly, but hackers can quickly get them from other hacker forum at a very pocket-friendly price and even if some expenses are involved, they can quickly pay with a tiny percentage of the amount they get from the victims. But when we talk about the security officers, the government may hire the best group of well-trained and highly-skilled engineers as cyber security officers. But they lack the passion & depth of knowledge of cyber criminals. Often, you have to organize various monetary prices or cash rewards as the motivation to security professionals or security companies to find loopholes in a system . How is Cybercrime so profitable to them? Considering the reports, developing a fraud page to a popular site and distributing mass spam emails with links to the fake site only cost 150 dollars. Suppose a hacker catches 100 people a day out of millions who get those spam emails , still its quite profitable for them. They can quickly get 10,000 dollars by selling them some sensitive data where the victim loses their money, personal data, pictures, and other important information. And if they net a big fish , even a single victim can give them millions in profit. Creating a ransomware attack may take months or years & is quite expensive, but the ransomware bounty received even from 20% of the victims is a big profit for the attackers! Hence such attacks are increasing day by day! Many cybercriminals are linked with human tracking, drug productions, kidnapping, and even terrorism. By which they earn a considerable amount of illegal money by various means. They earn money from ransomware, crime as a service, blackmailing people, and selling a company’s sensitive data to their competitor company. Many reports prove that many big organizations buy this information for their profit and pay them a reasonable amount. These facts prove that Cybercrime is lucrative as there are more chances to earn profit with fewer chances to get caught compared to any other crime. Cyber Criminals are primarily invisible and virtual, many people don’t even complain against them, and this is why they don’t often get caught. Why do people choose Hacking as a Career Choice? People use Hacking as an intelligent business; they are geniuses with many skills who use various tricks to make money. Many people start hacking to work legally, and after being failed, they start using their skills smartly as they themselves create multiple problems and earn well by fixing them. Many start it for fun, and many use their skills to make a profit. If they have skilled people, we also have great people. Cyber Criminals earn a good amount and this is motivating them. But in our normal life, we also have more skilled and trained people who have excellent skills, but they don’t have same passion & motivation as a cyber-criminal. All we need to do is get such talented and focused people , motivate them with enough reward and incentive program to fight back vigorously against these cyber criminals. We need to find what we lack, why less professionalism in general talents, and how to overcome that issue. Apart from that, we can also run programs to spread security awareness for general public and educate them to not fall easy victims to cyber traps. Organization’s also need to deploy latest cyber security tools & protect themselves so that their data assets are fully protected before its too late. About SNS Secure Network Solutions (SNS) is a Cyber Security-focused company helping businesses use the internet safely for the last 21 years. For any cyber security concerns and to protect your business against cyber-attacks, feel free to write us at: [email protected]