This document discusses cyber crime in the context of new technologies like mobile devices and social media. It begins with an overview of common cyber attack methods and definitions of cyber security and cyber crime. It then examines how new technologies like cloud, mobile, big data/analytics and social media create new opportunities for cyber criminals while also making systems harder to defend. Specific challenges of mobile devices, bring your own devices, and social media are outlined. The document advocates a risk management approach to counter cyber crime that balances technical and people mitigations and calls for building security into new technologies from the start. It concludes by assessing preparedness and calling for a risk-aware culture to ensure fitness for purpose with emerging threats.