Cybercrime and personal data protection

Abstract

In the digital age, information has become a highly valuable asset, attracting not only individuals and companies but also criminals seeking to exploit it for illicit purposes. Cybercrime, defined as any criminal activity involving the use of computer technology and communication networks, has experienced exponential growth in recent years. This article explores the protection of personal data in the context of cybercrime, focusing on Ecuador's legal framework established by the 2008 Constitution and the 2021 Organic Law on Personal Data Protection. The article provides a comprehensive analysis of various forms of cybercrime, such as unauthorized access, computer fraud, and the distribution of illegal content, examining their impact on data privacy and security. It also addresses the challenges faced by authorities in enforcing laws due to encryption and data anonymization, as well as the use of blockchain and cryptocurrencies in illicit activities. The increasing incidence of cybercrime in Ecuador, exemplified by the Ola Bini case, is discussed alongside the role of artificial intelligence and Big Data in privacy concerns. The article concludes by highlighting necessary cybersecurity strategies in the financial sector to protect sensitive data and ensure economic stability.