Digital transformation has reshaped economic systems worldwide, yet cybercrime continues to undermine financial stability, critical infrastructure, and individual privacy. Existing legislative frameworks remain fragmented and insufficient to manage transnational threats, creating security gaps that hinder sustainable digital economic growth. The study develops a comprehensive framework linking cybercrime legislation with social and economic dimensions to enhance cybersecurity governance and foster digital development. Through comparative legal analysis and empirical case studies from diverse jurisdictions, the paper demonstrates how integrated legislative and economic strategies can strengthen international cooperation, improve law enforcement capabilities, and stimulate technological innovation. The research contrasts successful models from South Korea and the United States with outdated criminal codes in Nigeria and other African contexts, where limited enforcement capacities constrain progress. Findings reveal that effective digital economic growth depends on adaptive, enforceable, and technology-driven legal systems. The study concludes with policy recommendations emphasizing global collaboration, flexible governance, and the strategic use of emerging technologies such as artificial intelligence and blockchain to ensure secure, inclusive, and resilient digital economies.