The purpose of this research is to examine the threats cybercrimes pose to society. The concept of cybercrime is introduced and different types of cybercrimes are explored. This paper provides information about the common areas where cybercrime usually occurs. The research paper also includes the various tricks used by cybercriminals to lure people to fall into their traps. It suggests that the increased cybercrime has two primary causes:- Lack of education of people and their carelessness while using the internet like leaving personal details and credit card information on non-secure websites. It further provides data of the rapid increase of cybercrime over the past 10 years with the help of graphs and various statistics while also providing a detailed list of countries that it has affected the most and the scars it has left on them. Discussions are made from the data and the role of technology in combating such situations is explained while various other countermeasures are also suggested.