The World Wide Web is getting bigger than ever. In fact, the e-commerce sector is garnering billions of revenue every year due to non-stop attacks of cyber crime from different country.
If the innovation in the Internet is beneficial to its users, there are also some disadvantages apparent such as the cybercrimes. As the e-commerce is moving forward, cybercriminals are also doing their best to steal the security of the businesses.

Cyber attacks noted throughout the world have caused businesses to lose around $400 billion. The cost involved not only the lost money but also the disruption of the normal flow of the businesses that lead to money lost.
Types of cyber crime attacks come in different forms such as:
- 49% involves online transactions
- 62% financial fraud
Here are some tips to prevent cybercrime attacks:
Nowadays, you can surf the internet and make purchases conveniently through mobile devices. In spite of the fact that mobile devices are for personal use, but you should be aware that these devices are not only vulnerable to viruses but also for hackers. With this, it is recommended to be extra careful in downloading applications and choose only those trusted sources.
To ensure that no one can access your phone, you should choose devices that feature finger print sensors and face recognition. Likewise, the phone data should be encrypted.
Be careful in using public Wi-fi because they are susceptible to intrusion. Even if you use HTTP link, you’re still unsafe if you’re connecting to public wi-fi. It is a big no to transact business using public wi-fi connection. Likewise, you should not also conduct corporate and financial transactions using “hot spots”.
As you want to protect your data, you should also protect your identity. Never divulge your personal information or financial information over the Internet. If you engage in online banking, see to it that the website is secure. Be cautious giving information to websites and make sure that the website begins with “https” in which the “s” stands for secure like for this example “https://balikbayan.info” .
Some businesses are hiring cyber security companies that will protect the consumers. But, businesses and consumers should also know how to protect themselves from cybercriminals.
If you want to know more about Cyber Crime Law in the Philippines you better read this Republic Act No. 10175 “AN ACT DEFINING CYBERCRIME, PROVIDING FOR THE PREVENTION, INVESTIGATION, SUPPRESSION AND THE IMPOSITION OF PENALTIES THEREFOR AND FOR OTHER PURPOSES”