On June 28, 2024, the Italian Government approved Law No. 90, titled “Provisions on the Strengthening of National Cybersecurity and Cybercrimes”, to enhance national cybersecurity measures and increase the prevention and punishment of cybercrimes.
What are cybercrimes?
Cybercrime can be defined as an illegal activity that exploits information technology and digital networks to commit crimes that harm individuals, businesses and institutions.
Different types of conduct can be traced back to cybercrimes. The most common include:
- Hacking: unauthorized access to computer systems or networks.
- Phishing: fraud via deceptive emails or websites aimed at stealing personal data.
- Malware: disseminating harmful software such as viruses, ransomware, and spyware.
- Cyberstalking: online harassment or threats.
- Cyber espionage: the collection of confidential information by unauthorized entities.
- DoS: Denial of Service, which involves overloading a system to make it inaccessible to legitimate users.
Cybercrimes and their impact on corporate reputation
Cybercrimes can cause significant reputational damage to businesses. A cyberattack, such as a data breach, can result in the theft of sensitive information or patents, undermining the trust of clients, suppliers, and business partners.
The consequences of such crimes are not limited to reputational damage: in addition to harming the company’s image, they can lead to customer loss or decreased sales. Furthermore, companies affected by cybercrimes often face high costs for crisis management and for improving cybersecurity measures.