There have been many challenges today amongst the organizations and the governments to achieve a more secure digital environment. The recent pandemic has paved the way to cyber criminals to a unique opportunity to penetrate human defenses. The present-day cyberattacks become highly sophisticated and much more dangerous. Data leakage continues to be a significant threat by working remotely, the cost of defending the breaches has risen to a new high. The present-day cyber-attacks show not just data theft, they are acting in a catastrophic manner by intruding into the essential infrastructures like hospitals, gas pipelines, electricity, and water supply leading to serious physical harm. Tessian cybercrime statistics says, “Google has registered 2,145,013 phishing sites as of January 17, 2021. This is up from 1,690,000 on January 19, 2020. (27% increase in a year). Ransomware is prevalent in 2021. Data exfiltration is now a big part of the game with what is called double extortion ransomware. Trend Micro alone detected 34% more new ransomware families in 2021than last year”. Apart from the present-day cybercrimes, newer forms of cyber threats are evolving every day. Cyber threat statistics show that there are many emerging threats like Ransomware attacks using data exfiltration, Cryptojacking, Mobile spyware, IoT-focused cybercrimes, 5 G-based intrusion, Stalkerware, irreparable malware attacks, and State-sponsored Cyberactivism. As technology is growing at a rapid pace, present-day cyber criminals make use of every technological development for their criminal activities. The purpose of this article is to understand the modalities of present forms of cybercrimes and the evolution of new cybercrime trends of the near future.