This is particularly relevant amidst the rise of
cybercrime targeting bitcoin assets.
These days, any business is
a cybercrime target.
That cybercrimes targeting cryptocurrencies have become increasingly sophisticated isn't the kind of news you want to hear.
Not exact matches
However, as that happens, small businesses continue to be a top
target for hackers, with the number of organizations hit by
cybercrime rising each year.
Many of them express surprise that they might be considered attractive
targets for
cybercrime, he said.
Cybercrime is moving away from traditional
targets, like Windows PCs, and focusing more on mobile devices, according to Cisco's 2010 Annual Security Report (PDF).
«This is not the first foray into
cybercrime or retail
targeting by the actors behind this; they are really sophisticated,» Wards says.
Canada was also called a prime
target for
cybercrime, state - sponsored attacks and lone hackers, said the final draft version of the April 2016 report, which was obtained by The Canadian Press via the Access to Information Act.
The governor stated that while the apex bank and banking operators had made efforts to reduce the incidents of fraud and ensure consumer confidence in the payment system, the
Cybercrime Act, if effectively enforced, would serve as a deterrent and constant reminder to those who might wish to engage in illicit activities
targeting the financial technology infrastructure.
Of course, there might be other explanations such as improved awareness among the public of security issues and identity theft and the like as well as more effective and so protective software and security systems on putative
targets of
cybercrime including as email phishing attacks on bank account, for example.
The two leaders promised, among other things, that neither the U.S. nor the Chinese government would
target each other for economic espionage via the Internet and that their countries would cooperate during
cybercrime investigations.
Cybercrime is on the increase and UK schools are inviting
targets for criminals who are adept at breaching lax IT networks to make significant financial demands.
Moore added: «As
cybercrime becomes more sophisticated and SMEs are perceived as easier
targets, the GDPR is a timely opportunity for companies to ensure they put the right processes and security systems in place to future - proof their business.»
As a rule, large law firms are
targeted more often than smaller ones, and those law firms that operate in the cloud are typically the least affected by
cybercrime.
The fact that it has been like this for over three years if not more, makes it surprising that it is only now that some voices are raised, expressing the dangerous threat which
cybercrime brings to every section of society, from the vulnerable pensioner
targeted about a fake lottery ticket to the multi-billion pound corporation.
Krebs was most likely hacked because he writes about information security and
cybercrime (this isn't the first time he's been
targeted by criminals), but these kind of attacks can (and do) happen to anyone.
Cybersecurity insurance is not yet a household name, but interest in it is growing as
cybercrime is increasingly
targeting small businesses.
A
cybercrime gang that allegedly
targeted international financial organizations has been apprehended in Spain for stealing $ 1.24 bln.
The crypto market is becoming a soft
target for
cybercrime, with the ability to make millions of dollars from just a single attack.
The SEC will
target violations involving distributed ledger technology and initial coin offerings (ICOs) as part of a new effort to fight
cybercrime.
The digitalisation of banking, along with the vast amount of confidential data that banks hold, makes financial organisations a very attractive
target of
cybercrime.