Cyber-Criminals Gear Attacks Towards Political Sabotage

As cyber-crime increases relentlessly, it only tells how they're at par with physical crime in terms of danger. We find a global reach of cyber-attacks which are getting increasingly complex and sophisticated. During 2016, cyber-crimes rose to an unprecedented high. Indeed as the new Internet Security Threat Report by Symantec outlines, 2016 will be remembered for the extraordinary assaults that occurred, some being virtual bank loots worth multi-million dollars as well as others clear efforts by state-backed syndicates towards stalling the process of presidential elections in USA.

Director Tarun Kaura for Symantec's Solution Product Management dealing with APAJ (Asia-Pacific and Japan) says that the modern threat scenario is replete with innovation and sophistication, however, in 2017, Symantec has detected lateral movements in choice of targets and different motivation factors.

Moreover according to Kaura, the world witnessed how particular nations increased political manipulation twofold along with direct sabotage. Meanwhile, novel disruption levels have occurred due to cyber-crimes, as the criminals directed their attack codes onto more-or-less uncomplicated IT tools as well as cloud services, he stated additionally. Business-standard.com posted this, April 26, 2017.

And though it was rare of attacks carrying out sabotage, many assaults' success, for instance, the one against United States Democratic Party would merely be an encouragement to other cyber-criminals for trying similar acts, when hackers would move to make impacts on politics that could unsurprisingly result in conflict inside other countries.

Symantec's report further discloses that one fresh type of attackers carried out their operations based on exclusive financial aims that possibly would let them acquire funds for supporting subversive and covert actions.

In addition, the report as well discovered ransomware to continuously rise, causing one worldwide problem as well as yielding profitable business to cyber-criminals. There were a hundred fresh malware families circulated on the Web that was over threefold the numbers observed earlier, while ransomware attacks globally increased 36%. Among countries within APAJ in danger of ransomware, Australia ranked high on No.3 while stood 11th globally. Symantec cautions of those CIOs who mayn't implement cloud security as becoming observers of new ways of threats getting inside their enterprises.

» SPAMfighter News - 5/1/2017