Online security specialist Avast has created a report looking at the history and potential future of cyberattacks and cybercrime. The report, available here, outlines the various players in the build-up to a cyberattack and hacking and how cybercrime has kept pace with online business practices and their supporting technologies.
The report states: "Perpetrators of the attacks are the ones who actually steal information from users. They usually do not develop the malware themselves, but hire developers to create the malware to steal user information online. Once they have the stolen user information, they then sell it on the dark web to cybercriminals who specialize in using stolen information (such as credit card numbers, login credentials, etc.) to make money.
"Cybercrime has kept pace – perhaps not surprisingly – with the evolution of e-commerce. As the general public grew more and more accustomed to entering credit card numbers online, cybercriminals quickly realized the impact that some strategically placed malware could have on this new digital marketplace."
65000 GDPR Data Breaches In Europe To Date
European privacy authorities have received almost 65,000 data breach notifications since the EU's new privacy law went into full effect. In addition, regulators in 11 European countries have imposed $63 million in General Data Protection Regulation fines.read more
More than half of British firms 'report cyberattacks in 2019'
The proportion of UK firms reporting a cyberattack has jumped, despite most businesses admitting they are under-prepared for breaches, according to research from Hiscox reported by the BBC. The insurer found 55 per cent had faced an attack in 2019, up from 40 per cent last year.read more
Sloppy IT Processes Risk Cyberattacks - McAfee
McAfee this week published a report that turns familiar survey findings on their heads by reporting that most cybersecurity breaches are the result of lax IT processes rather than mistakes made by end users.read more
Cybercrime Soaring Reports MalwareBytes
Cybercrime is accelerating at a worrying rate, reports MalwareBytes in its Q1 2019 report. Every quarter that goes by shows more alarming data as to how much cybercrime activity is going on out there, with organizations and companies being called to face and deal with an increasing amount of threats, coming literally from everywhere.read more