90% Organisations See Social Media as Most Vulnerable to Cyber Crime

A survey revealed that despite increase in frequency and intensity of cyber attacks, India Inc is the least prepared for detecting such incidents due to majority of respondents identifying the social media as a large risk.

Survey conducted by department of Ernst & Young (EY) Fraud Investigation and Dispute Services found that the employees were one of weakest link against data theft in company's defence mechanism, as 90% of respondents unanimously together identified the social media as large risk, thus possessing a high possibility of getting used for identifying and targeting main individuals in the organizations.

A committed national governing unit might get formed in India that will become central agency for every state govt. cybercrime agencies for integrating, coordinating and sharing information related to the cybercrime. Dqindia.com posted on May 4th, 2017, stating that such central agency are going to be held responsible for driving each and every initiatives to prevent all cybercrime, like collaboration with the private sectors, as well as training and awareness all over the country.

Chief Security Expert, Aleks Gostev of Kaspersky Labs, which delivers solutions related to cyber security to the business entities, said that how in central bank heist case of Bangladesh, an employee of the bank put 'SWIFT operator' in his own job description on a website of social media, thus making himself an easy target.

Around 90% of the respondents identified the social media as huge risk, thus possessing a high possibility of being used for identifying and targeting main individuals in the organisations. The mobile workforce, increase sharing of professional as well as personal information on the channels of social media, and gaps in guarding this information can evolve as crucial cyber threat. Evolving techniques, like spoofing or phishing, can make innocent employees far more vulnerable.

Spread awareness on preventing cybercrime because cyber criminals are continuously evolving new methods of attacking, and are looking for potential victims. As a matter of fact, few of the latest attacks on the critical infrastructure of some countries are perpetuated as well as successfully executed because of low level of awareness from most users via social engineering and phishing methods.

» SPAMfighter News - 5/10/2017