In today's era of online computing, most information is online and subject to cyber attacks. Cyber ​​attacks can be motivated or be processed unconsciously. Deliberate attacks are considered cyber crimes and have serious repercussions on society. Curbing cybercrimes depends on properly analyzing their behavior and understanding their impact. The term cybercrime is an act committed with a violation that prohibits it and for which punishment is imposed upon conviction. Cybercrime is criminal activity directly related to the use of computers, i.e. explicitly illegal access to the computer system. With the ever-increasing use of computers and social media, cybercrimes place a lot of stress on many teenagers causing depression, anxiety and even suicidal thoughts. The government should therefore monitor the usage of social media and online activities and take immediate measures against cybercriminals to combat cybercrime. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Cyber ​​crimes have a couple of effects on social media. First, the potential economic impact as today's consumers have become increasingly dependent on computer networks: as many as 80% of companies surveyed acknowledged financial losses due to computer breaches. As the economy grows, its dependence on the Internet also increases, and the economy is exposed to all the threats posed by cyber criminals. Stocks are traded via the Internet, banking transactions are made via the Internet, and credit card purchases are made via the Internet. All cases of fraud in such transactions affect the financial state of the affected company and, therefore, the economy. The disruption of international financial markets could be one of the biggest impacts and remains a serious concern. The modern economy spans multiple countries and time zones. This interdependence of the global economic system means that a disruption in one region of the world will have ripple effects in other regions. Therefore, any disruption to these systems would send a shockwave outside the market, which is the source of the problem. Productivity is also put at risk by worm and virus attacks, thus taking productive time away from the user. Machines may run slowly; servers may be inaccessible, network may be blocked. Such cases of attacks affect the overall productivity of the user and the organization. Another effect of social media on cybercrime is the impact on market value. The economic impact of security breaches is of interest to companies trying to decide where to place their information in their security budget, as well as to insurance companies providing cyber-risk business. Micro stated that "physical damage is not limited to physical destruction or damage to the computer circuitry, but includes loss of use and functionality." This new and evolving view of harm becomes even more important as many businesses rely on information systems in general and the Internet. in particular to carry out your business. This precedent could force many insurance companies to compensate businesses for damages caused by attacks and other security breaches. As the characteristics of security breaches change, companies have created actuarial tables that they believe provide ways to measure losses resulting from security breaches..