What is Ransomeware

The escalation of cybersecurity threats around the world transcends boundaries. Various non-state actors, criminal and terrorist organizations, and state entities exploit it for offensive means. Encryption and dark web are effective tools for conducting malicious activities while maintaining anonymity online. However, the definition and an elaborate understanding of cybersecurity and cybercrime remain contested at the global level. Multiple factors, including the legal, technical, and political issues, play an important part in the formation of diverse policy responses by states and international organizations. Despite limitations, various forms of collaboration have developed between the states, non-state actors, and investigation agencies. This article analyzes the meaning, nature of cybercrime legislation, and the scope of policy formation in the global narrative of cybersecurity. The article concludes with the proposed balanced multi-stakeholder model with equal inclusion of the developing countries in policy framework and capacity building initiatives for combatting cybercrime.