Tag Archives: report

Hire IITians, MCA grads as cyber crime sleuths: Niti Aayog report on police reforms

Graduates from the Indian Institute of Technology (IIT) colleges or those who have a Master of Computer Applications (MCA) degree should be recruited as cyber crime investigators, India’s top policy-making body Niti Aayog suggested as part of measures to overhaul India’s police.

The “Building Smart Police: Background into the needed Police Reforms” report called for a new approach to “specialised crimes”, suggesting recruitment of people with expertise in roles that typical constables or sub-inspectors cannot handle.

It calls for legislative and judicial changes that will help police across the country streamline their operations, focussing on core functions to maintain law and order. India’s police are long due for sweeping reforms that can help them tackle growing work pressure and crippling staff shortage, often blamed for rising crime.

The recruitment of techies as cyber crime investigators is among ways the new approach could work. IIT or MCA graduates can be hired as sub-inspectors

Read more at: http://www.hindustantimes.com/india-news/hire-iitians-mca-grads-as-cyber-crime-sleuths-niti-aayog-report-on-police-reforms/story-SyYZaLzVMStcNHTCzslYqO.html

‘Don’t regret it, report it’: Mums and dads under attack from cyber criminals

The number of cyber attacks targeting mum and dads as well as businesses is booming, with Australians falling for online scams, email phishing, identity theft and credit card fraud in growing numbers.

And the federal Minister Assisting the Prime Minister for Cyber Security, Dan Tehan, has a simple message for Australians during Stay Safe Online week: “Password1 does not cut it”, with 81 per cent of hack attacks a result of stolen or weak passwords.

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Paying Ransom Makes One More Susceptible To Attack: Report

cyber crime

As cyber-crime is becoming more and more commonplace, meeting hackers’ demands does not relieve one from further cyber-attacks, security firm McAfee said, and further informed that giving in to the cyber criminal’s demands in silence while not alerting cybersecurity authorities will instead make one prone to being targeted in the future, as per a report on Business Standard.

Enterprises today, on an average, face 244 new cyber threats every minute globally.

“We saw new ransomware samples increase 80 percent since the beginning of 2016. The attacks have been a wake-up call which has also forced executives to deliberate the question of whether they should pay ransom or not,” Anand Ramamoorthy, Managing Director, South Asia, McAfee, told IANS in an interview.

“Meeting hackers’ demands will not necessarily guarantee compliance from the hackers. In many cases, the likelihood of receiving decryption keys is almost nil. What is

Read more at: http://www.cxotoday.com/story/paying-ransom-makes-one-more-susceptible-to-attack-report/

Average Cyber-Crime Cost to Global Businesses Rises to $11.7M: Report

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Average Cyber-Crime Cost to Global Businesses Rises to $11.7M: Report

The average cost of cyber-crime incurred by businesses around the world has grown in 2017, according to a report from Accenture and the Ponemon Institute.  The 56-page 2017 Cost of Cyber Crime Study report, released on Sept. 26, is based on a survey of 2,182 security and IT professionals

Read more at: http://www.eweek.com/security/average-cyber-crime-cost-to-global-businesses-rises-to-11.7m-report

Europol calls for crackdown on cyber crime as new report reveals ransomware is top hacking treat – EU

Europol has called for tough new legalisation to tackle cyber crime at the end of a 12-month period that saw the scale, rate and spread of hacker activity reach unprecedented levels.

The EU law enforcement agency’s latest Internet Organised Crime Threat Assessment (IOCTA), which was published today, reveals that ransomware attacks such as May’s global WannaCry outbreak have eclipsed most other forms of cyber threat.

In its assessment, Europol also highlights how the dark web remains an enabler of a range of serious crimes, including the supply of new psychoactive substances such as synthetic opioid fentanyl, the sale of weapons that have been used in terror attacks, and the trade of fraudulent documents used to facilitate human trafficking and illegal immigration.

Online sextortion is increasingly being used against children, the report found, with paedophiles using coercion and extortion to blackmail victims into sending them money or indecent images.

While peer-to-peer (P2P)

Read more at: https://eu-ocs.com/europol-calls-crackdown-cyber-crime-new-report-reveals-ransomware-top-hacking-treat/

Accenture and Ponemon Institute Report: Cyber Crime Drains $11.7 Million Per Business Annually, Up 62 Percent in …

NEW YORK–(BUSINESS WIRE)–Costly cyber attacks are having a significant and growing financial
impact on businesses worldwide. According to new research published
today by Accenture (NYSE:ACN) and the Ponemon Institute, in 2017 the
average cost of cyber crime globally climbed to $11.7 million per
organization, a 23 percent increase from $9.5 million reported in 2016,
and represents a staggering 62 percent increase in the last five years.
In comparison, companies in the United States incurred the highest total
average cost per crime at $21.22 million while Germany experienced the
most significant increase in total cyber crime costs from $8.44 million

Read more at: http://www.businesswire.com/news/home/20170926005683/en/Accenture-Ponemon-Institute-Report-Cyber-Crime-Drains

Accenture and Ponemon Institute Report: Cyber Crime Drains $11.7 …

NEW YORK–(BUSINESS WIRE)–Please replace the release with the following corrected version due to
multiple revisions.

The corrected release reads:

ACCENTURE AND PONEMON INSTITUTE REPORT: CYBER CRIME DRAINS $11.7
MILLION PER BUSINESS ANNUALLY, UP 62 PERCENT IN FIVE YEARS

Malware infections globally are the most expensive cyber attacks –
costing $2.4 million per incident

Costly cyber attacks are having a significant and growing financial
impact on businesses worldwide. According to new research published
today by Accenture (NYSE: ACN) and

Read more at: http://www.businesswire.com/news/home/20170926005683/en/Accenture-Ponemon-Institute-Report-Cyber-Crime-Drains

The year in cybersecurity – half time report

Cisco has just released its Midyear Cybersecurity Report for 2017. This is a comprehensive survey of the cyber threat landscape and recommended reading.

A few interesting points that come out of the report include the following.

1. The fall and rise of spam

Early this century the volume of spam emails overtook the volume of legitimate emails for the first time.

However in the last few years the tide seemed to be turning against spam due in part to:

  • aggressive regulatory action against botnets; and
  • cyber criminals turning their attention elsewhere.

But it seems now that spam is on the rise again as a strategy of choice for the delivery of malicious payloads.

Once an email is in someone’s inbox, the cyber criminal then relies on the recipient’s assistance in some way – eg, by clicking on a link, or opening an attachment.

Levels of awareness of suspicious emails are probably relatively high and spam

Read more at: https://www.lexology.com/library/detail.aspx?g=04f4bfe2-846c-4d08-9732-85f1900c39f0

Police must recruit 12000 IT experts after report reveals almost half of crime is tech enabled, report reveals

POLICE forces must recruit 12,000 IT experts after new research showed 47 per cent of crime is now enabled by technology, an alarming report has warned.

Research by the Reform think tank found police officers were “terrified” by digital crime because they feel they lack the most basic tech skills.

Research shows that people are 20 times more likely to be a victim of fraud than robbery

Research shows that people are 20 times more likely to be a victim of fraud than robbery

It said people are 20 times more likely to be a victim of fraud than robbery – costing firms a staggering £144 billion a year.

And it estimated that up to 2,500 criminals in the UK use the “dark web” to commit high-harm crimes such as child abuse, cyber attacks and revenge porn.

It also argued that police chiefs should be

Read more at: https://www.thesun.co.uk/news/4300689/police-must-recruit-12000-it-experts-after-report-reveals-almost-half-of-crime-is-tech-enabled-report-reveals/

Police must recruit 12,000 IT experts after report reveals almost half …

POLICE forces must recruit 12,000 IT experts after new research showed 47 per cent of crime is now enabled by technology, an alarming report has warned.

Research by the Reform think tank found police officers were “terrified” by digital crime because they feel they lack the most basic tech skills.

Research shows that people are 20 times more likely to be a victim of fraud than robbery

Research shows that people are 20 times more likely to be a victim of fraud than robbery

It said people are 20 times more likely to be a victim of fraud than robbery – costing firms a staggering £144 billion a year.

And it estimated that up to 2,500 criminals in the UK use the “dark web” to commit high-harm crimes such as child abuse, cyber attacks and revenge porn.

It also argued that police chiefs should be

Read more at: https://www.thesun.co.uk/news/4300689/police-must-recruit-12000-it-experts-after-report-reveals-almost-half-of-crime-is-tech-enabled-report-reveals/