Cybercime is evolving. Do you remember back when our biggest fear was that our computer would get a virus? Fast forward ten years later, and that’s the least of our concerns. Today, cybercriminals have the power to shut down entire industries.
All kinds of important information is stored online, which means cybercriminals can cause serious damage but cyberterrorism is a new threat online. Criminals can now steal valuable data from corporations, cities and intelligence agencies.
Email scams are one of the most frequent cybercrime methods. According to EY cyber stats and facts, around 6.5 billion spam emails are sent every day.
The internet is home to billions of websites. It’s no wonder so many of them are used for cybercrime. URLs are divided into high-risk, moderate-risk, and low-risk categories and according to The Webroot Threat Report, more than a third of all websites (35%) are unsafe.
Phishing campaigns are easy to run which explains their frequency. The Verizon 2018 Data Breach Investigation report explains that phishing is one of the most common attack methods.
These attacks rely on prolonged, personalized communication with a victim so criminals can obtain credentials. Attacks are targeted at larger enterprises. This differentiates it from the standard phishing attacks sent out to hundreds of addresses, according to Cofense.
According to Panda Security, not only is China the main contributor to cybercrime, but it is also the biggest victim. China is the most infected country by malware in the world. In Europe, Turkey is the forerunner with more than 40% of all PCs infected.
What’s worse, half of the successful ransomware attacks affect over 20 company devices, on average.
Mobile platforms are becoming the main vehicle for fraudulent activity, statistics show.
New malware pops up every minute. Cybercrime statistics show that more than 11,000 incidences of malware appear every day – a 40% increase from 2017.
According to research by Cybersecurity Ventures and Thycotic. Can you imagine protecting 300 billion passwords? The most common password is 123456. This tells us that great improvements in cyber education are needed on all levels.
One of the biggest problems for cybercrime is the lack of effective methods for identity verification online. There will always be risks of fraudulent activity as trends in cybercrime continue to develop but staying well-informed and educated can help prevent these attacks.
*Article adapted from cybintsolutions