The negative impact of cybercrime in our society cannot be overemphasis, the rate at which the crime rate increase daily because of different factors like the economic factors is very high, even in the cryptocurrency industry criminal activities is increasing daily. One of the mediums used to commit these crimes in cyberspace, the internet opens up a lot of possibilities both positive and negative, and one of it is the security of the network, systems, computers and other financial assets, also innovations such as mobile computer, web financial system, cloud computing, online shopping and so on need good security.
In different countries, different laws are put in place to guide the activities of the people on the internet in other to keep everyone safe in society. It became important for the people in the society to know which activities they should get themselves involved in and which ones they should not involve themselves in and also what to do to keep themselves, institutions, organizations or companies safe in cyberspace, not only that good cyber security measures is needed but good framework needs to be available per time in a situation of the cyber cyber-attack incident security event in other to limit the effect.
Cyber Security is referred to as electronic information security or it can also be referred to as information technology security which deals with the practice of defending your network, computers, data, electronic systems, servers, mobile device, financial assets and IT environment from a different kind of attack most especially malicious attacks. It also incorporates putting in place measures to avoid information and system compromise or loss of integrity.
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Cyber security involves a lot of practices and systems such as authentication, use of antivirus, ethics, confidentiality e.t.c that keep both the user information, money and computer safe.
In the cryptocurrency world, the place of good practice of cyber security is needed and need to be communicated frequently to keep the user in touch with the reality of the danger that exists in the crypto space and cyberspace at larger.
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