Digital world has grown into many leaps and bounds as a result of multiple innovations and advances in technology. Post co-vid, there has been a humongous rise in the usage of computers and electronic gadgets. The evolution of information technology (IT) is responsible for the stupendous success of communication through internet, diverse reach of business and global interaction on social media platforms. However, it has also lead to a marginal increase in criminal activities in the cyber world. Cybercrimes refers to the illegal activities that uses a computer network, or a networked device. Most cybercrimes are committed by cybercriminals or hackers to make money. Cybercriminals are individuals or teams of people who use technology to commit malicious activities on digital systems or networks with the intention of stealing sensitive company information or personal data, and generating profit. Cybercriminals range from individuals to criminal organizations to state-sponsored actors. Just as the type of criminal varies, so do their crimes and the methods they use to break the law. This paper describes the reasons as to why hackers commit cybercrimes, differing types of cybercrimes that are committed these days, how it is impacting the salaried people in Mumbai region and possible solutions to mitigate these attacks.