In fact, a report by Threat Horizon reveals that in the coming years, organizations will face cyber threats under three key themes – The Santa Clara, California-based security specialist’s white paper includes data on threat activity publicly released from July 1, 2020 through September 30, 2020 and its detailed analysis of advanced malware campaigns and As technology keeps evolving at a rapid pace, so do cybercrooks. Net banking has made it easy for criminals to siphon off money from accounts and such fraud takes time to solve, said an official with the cyber cell. According to a … October 2020. Also, network signals frequently jump from one mobile tower of one state to another providing an appropriate shield for the fraudsters. Worrying Cyber Crime Statistics (Editor’s Choice) It took 206 days on average to identify a breach in 2019. In the meantime, you can check out the full list here: Luke Irwin is a writer for IT Governance. He has a master’s degree in Critical Theory and Cultural Studies, specialising in aesthetics and technology, and is a one-time winner of a kilogram of jelly beans. In 2019, over 43% of data breach victims were small businesses. He further said, “We are taking immediate action on the complaints of online banking fraud. 2020 Introductions At least 38 states, Washington, D.C., and Puerto Rico introduced or considered more than 280 bills or resolutions that deal significantly with cybersecurity. It’s not all good news, though. By comparison, 2019 saw an average of almost 80 data breaches and cyber attacks per month. “Although the risk of being attacked will remain, some mitigation measures may help users and employers. Cyber News - Check out top news and articles about cyber security, malware attack updates and more at Cyware.com. Moreover, the victims file complaints very late, which makes it tough to nab the accused,” said a senior police official of the city police. According to the Cyber Security Breaches Survey 2018, 43% of businesses were a victim of a cyber security breach in the last 12 months. Check for software updates Then actually install them. They take these tricks out of the box and make modifications and updates to bypass the security especially created for them. The global cost of cybercrime is expected to exceed $2 trillion in 2020. 95% of malware is delivered via email. Online fraud cases are on the rise; the fraudsters manage to obtain confidential details such as date of birth, CVV/PIN numbers, credit/debit card numbers, expiry date and even OTP from gullible customers under the pretext of calling them from the bank’s customer care office. That includes several worrying incidents involving UK organisations – which are highlighted in bold. List of data breaches and cyber attacks in January 2020 – 1.5 billion records breached Luke Irwin 30th January 2020 The new decade has begun relatively well, with a six-month low of only 61 disclosed cyber security incidents. According to police, after getting the details, the scammers make payments to mobile phone and online payment service providers, which are quite difficult to trace or retrieve. Password re-use and phishing attacks will skyrocket Just for the world's largest companies from the Fortune 500 list, one may ferret out over 21 million of valid credentials exposed in the Dark Web in 2019, says ImmuniWeb. Unfortunately, with technology on the rise, there’s more room for cybercrime in 2020. A total of 5,779 cases have been reported in the city in the first half of the current year. Up 72% in March 2020 There are a few simple steps you can take to make sure you don’t become a victim of cyber crime. On cyber crimes, Dr Wan Azizah said based on statistics released by the Commercial Crime Investigation Department, 11,875 cyber crime investigation papers were opened last year, compared to 10,753 in 2018. “The dangers of cyber-crime have been there for many years, but the increase in the percentage of the population connected to the Internet and the time spent online, combined with the sense of confinement and the anxiety and fear generated from the lockdown, have provided more opportunities for cybercriminals to take advantage of the situation and make more money or create disruption,” said the cyber experts. However, 2020 comes with a whole new level of cybersecurity threats that businesses need to be aware of. Only a few percent of victims report within 24 hours,” he said. 29 Must-know Cybersecurity Statistics for 2020 The damage related to cybercrime is projected to hit $6 trillion annually by 2021, according to Cybersecurity Ventures . When President Donald Trump convened his Cabinet at the White House Wednesday as Washington absorbed news of a massive data breach, the heads of … What is perhaps more worrisome is that this is a 6.4 percent increase from the average cost of a data breach from the previous year. Cyber crimes know no borders and evolve at a pace at par with emerging technologies. Oregon’s Klamath County Veterans Service Office says it’s been breached, HappyHotel, Japanese short-time love hotel, hit by cyber criminals, Native American Rehabilitation Association of the Northwest reports Emotet attack, Albany Airport announces that a malware attack occurred on Christmas Day, Manor Independent School District, TX, loses $2.3M in phishing scam, Russian agents reportedly phished organisation at the centre of Trump impeachment scandal, The New Mexico Public Regulation Commission is investigating after state-sponsored hack, Adventist Health notifies patients of phishing incident, Chinese hackers blamed as Mitsubishi Electric discloses data breach, Greece says no data stolen in Turkish hacker attacks on state bodies, Detroit suffers data breach affecting city workers and residents, SuperCasino breached, with users’ personal info stolen, VillageCareMAX members data nabbed in BEC scheme, Travelex suspends services after ransomware attack, Richmond County Schools, MI, refuses to pay $10k ransom, Saskatchewan’s eHealth records held hostage by cyber criminals, Bartlett Public Library District, IL, computers disabled by ransomware, Enloe Medical Center rescheduled elective procedures after being shut out of its systems, Anchorage-based bty Dental notifies patients after ransomware attack, Patients at The Center for Facial Restoration receive ransom demand, Dawson’s Creek, British Columbia, hit by ransomware, California’s Panama-Vista School District says ransomware will delay report cards, Colonie, NY, working on backups after cyber criminals lock down computer system, New Jersey synagogue hit by Sodinokibi ransomware, Oman’s largest insurance company shut down by ransomware, University of Ottawa says password-protected laptop was stolen from campus, IT provider for Fayette Co., OH, loses six months of data in mix-up, Database belonging to people-finder site CheckPeople.com found online, Software provider Front Rush exposed server of student’s information, Every day, millions of patients’ health records are spilled onto the Internet, Peekaboo Moments app left baby videos and users’ email address exposed online, Smart city system City Brain exposed its data online – again, A hacker is selling personal data that they claim belongs to San Fran-based LimeLeads, Amazon Web Services bucket containing webcam models’ data leaked online, Investigation underway into privacy breach at City of Corner Brook’s website, Ukraine says personal data leaked from government jobs portal, Hacker leaks database of passwords for home routers and smart devices, Microsoft discloses security breach of customer support system, PIH Health notifies patients of data breach after email gaffe, Iowa Department of Human Services discloses janitorial mishap involving personal data, H&M under investigation amid claims of massive privacy breach, The City of Bend, OR, discloses Click2Gov breach, Australia’s P&N Bank tells customers that account info and balanced were exposed, Texas-based RealPage down $10.5M after hackers break into finance systems, South Carolina’s Greenville Water targeted by cyber criminals, Air China suspends flight attendant who shared celebrities’ info online, University Hospital Limerick investigating staff who allegedly leaked patient info, Amazon fires several employees who shared customers’ info with a third party, Mercy Health Lorain Hospital Laboratory says printer error caused data breach, Amazon-owned Ring fired employees for improperly accessing users’ videos, Four Hyderabad men arrested for stealing sensitive information from a pharmaceutical firm, Cardiovascular Associates of Arizona reports office burglary, Break-in at the Hospice of Anchorage could mean breach of patient data, Laptop stolen from Saskatoon Sexual Health in 2018 contained sensitive patient data, Detroit-based Beaumont Health investigating after employee accessed patient files, Louis man jailed for using data breach info leaks to claim $12M in tax refunds, Singapore’s public healthcare cluster NHG fines $6,000 for failing to secure personal data, Sodinokibi ransomware publishes stolen data after victims fail to pay up in time, Vietnam government drafts decree to protect personal data, Brazilian prosecutors charge US journalist and activist with cyber crimes. The common types of cybercrime were e-commerce scams, phishing, debit/credit cards, mobile wallets, pretending to be customer care representatives and many others. In fact, according to a 2017 report, Indian consumers had lost over 18 billion U.S. dollars due to cyber crimes. According to the 2020 Official Annual Cybercrime Report by Cybersecurity Ventures, sponsored by Herjavec Group, cybercrime is the greatest threat to every company in the world, and one of the biggest problems with mankind. Our machine learning based curation engine brings you the top and relevant cyber security content. Cybercrime cases jumped by more than 67% per cent till June 2020, in the cyber city as compared to June 2019. A Russian cyber espionage group hacked into an unidentified European government organization October 2020. Until then, we estimate 90 online child abuse crimes a day could continue to be recorded. Apart from newer forms of cyber threats, even the oldest tricks in the books are not completely useless for these cybercriminals. Recent Government Initiatives to Curb Cyber Crimes in India: The Information Technology Act, 2000 is a special law dealing with cyber crimes and matters concerned thereto. The figure was 3,466 in 2019 during the same time period, according to the Gurugram police data. They also change the phone numbers which are obtained using fictitious names. More than two-thirds of IT security professionals believe a successful cyber attack is imminent in 2020. Carriere, Mississippi Man Sentenced to 42 Months Imprisonment for Stealing Personal Identifying Information of More Than 8,000 Healthcare.Gov Customers and … In the U.S., however, data breaches are more costly at an average of $7.91 million. At the same time, the lockdown has also significantly increased concerns about vulnerable persons online. His alleged cyber crimes involved jaw-dropping amounts of money. Cybercriminal activity is one of the biggest challenges that humanity will face in the next two decades. Deputy Minister of Communications and Multimedia Datuk Zahidi Zainul Abidin is pictured in Parliament August 12, 2020. — Picture by Shafwan Zaidon — Picture by Shafwan Zaidon PADANG BESAR, Oct 3 — According to police sources, 9,215 commercial crime cases have been recorded nationwide involving losses amounting to RM717.2 million for the period January to April. “The only way to avoid such fraud among the people is awareness. The U.S. Health and Human Services Department suffered a cyber-attack on its computer system, part of what people familiar with the incident called a … New Delhi: India has seen a 37 per cent increase in cyberattacks in the first quarter (Q1) of 2020, as compared to the fourth quarter (Q4) of last year, a new report revealed on Saturday. Cyber experts suggest that the reason behind the drastic increase in number of cyber cases the pandemic of COVID-19 and the imposed lockdown, has led to more people to be confined at home with many more hours to spend online each day and increasingly relying on the Internet to access services, they normally obtain offline. For the users, it is recommended to be very vigilant about phishing emails and websites, practice good cyber hygiene, use only trusted Wi-Fi networks and consider adopting a password manager to help to avoid using the same password for multiple websites.” he added. 7. Cyber cell cops also blame easy access to information and technological advancement for the spikes in cyber crime cases. “On an average, we receive 5 to 10 complaints a day. To give you a better view of the current state of overall security, we’ve collected 29 vital statistics about data breaches, hacking, industry-specific statistics, as well as spending and costs. It provides punishment in the form of imprisonment ranging from 2 years to life imprisonment and fine / penalty depending on the type of offence committed. The cyber criminals mainly, targeting senior citizens, children and women. If any complaint is brought to us within 24 hours, we can recover the money with the help of the banking staff. were a victim of a cyber security breach in the last 12 months. Fraudsters operate from far off places such as Mewat in Haryana, Bharatpur in Rajasthan and Mathura in Uttar Pradesh and Jharkhand. The Kaspersky Security Network (KSN) report showed that its products detected and blocked 52,820,874 local cyber threats in India between January to March this year. Foreseeably, in 2020, cloud security incidents will stay atop of data breach root causes. Perhaps most alarmingly, 2020 is likely to hold cyber-based nation-state proxy wars. Cybercrime cases jumped by more than 67% per cent till June 2020, in the cyber city as compared to June 2019. The new decade has begun relatively well, with a six-month low of only 61 disclosed cyber security incidents. The elderly, who usually rely on offline shopping and have now to purchase what they need from the internet, equally find themselves more exposed to cybercrime. The only trusted website should be used in the online transaction,” he said , adding that we have also instructed the bank officials of the several banks they must take quick actions on the victim complaints and strict action will be initiated against them if any lapses are found on their behalf,” he said. The Verizon Business 2020 Data Breach Investigations Report (2020 DBIR) shows that financial gain remains the key driver for cybercrime with nearly nine in 10 (86 percent) breaches investigated financially-driven. 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