The most common types of cybercrime reported in the first quarter of 2023 were investment scams, romance scams, and lottery scams. The government is taking steps to address the growing problem of cybercrime in Malaysia, including the establishment of the National Cyber Security Agency (NCSA) and ...
As business technology and security systems continue to evolve, so do the tactics used by cybercriminals. In 2018, businesses worldwidelost $2.7 billion because of cybercrime, andresearch showsthis number will continue to grow every year. These losses include ransoms paid to cyberattackers, fines...
Other types of cybercrime target organizations and use a range of technical methods to steal data.Let's explore the main types of cyberattackPhishingThis might be the most familiar form of cyberattack. In a phishing attack, the fraudsters send messages (via email or text, etc) that seem to...
Confidentiality, integrity, and availability are known as the CIA triadand are the basis ofinformation security. The Corporate Consequences of Cyber Crime: Who's Liable? Learn the corporate consequences of cybercrime and who is liable with this in-depth post. ...
Cybercrime has increased every year as people try to benefit from vulnerable business systems. Often, attackers are looking for ransom: 53 percent of cyber attacks resulted in damages of $500,000 or more. Cyberthreats can also be launched with ulterior motives. Some attackers look to obliterate...
Types of Malware Ransomware:A specialized malware that encrypts your files and limits access to data unless you pay a ransom. By the end of 2019, hackers had made over $11.9 billion in ransom payments, and this number was projected to reach $20 billion by the end of 2020. ...
operational capabilities. Malware spreads through various methods, including email attachments or links disguised as legitimate files or websites infected with malware scripts. The consequences of malware infections range from data loss and theft to financial losses resulting from cybercrime activities like ...
A company we have never heard of before and a company that we have been unsuccessful in contacting and one that has not responded to any of our emails. The Hong Kong police were alerted and a cybercrime report was made. This has resulted in Zero information and no steps taken. The banks...
That’s the projected annual cost of global cybercrime by the year 2025. But cybercriminals are constantly sharpening their skills and honing new attacks; so the actual cost could easily be higher. You need to attack potential digital threats from many angles. Remaining up ...
The Department of Homeland Security, for example, uses high-tech cybersecurity measures to protect sensitive government information from other countries, nation-states, and individual hackers.8 Cybercrime is on the rise as criminals try to benefit from vulnerable business systems. Many attackers are lo...