Tag Archives: Cybercrime

Tuning in to Cybercrime

The BBC has begun airing a six-part series, presented by British technologist, writer and “futurist” Ben Hammersley.

Called “Cybercrimes with Ben Hammersley,” the series was produced in partnership with The Open University. It looks at the range of cybercrime – from the scam emails that fill up our inboxes to drugs and guns that can be bought anonymously on what is called the shadowy business of “darknet,” and even governments spying on their own citizens.

Hammersley emphasizes that 2013 was a very bad year for cybercrime in businesses. He notes: “In February, $45 million was stolen from ATMs around the world after cyber criminals hacked credit cards and gave them unlimited withdrawal limits. Then, in November, 40 million credit card numbers were removed from the point-of-sale terminals of US retailer Target.”

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Cybercrimes with Ben Hammersley

We’ve chronicled other recent major breeches here. The fact is, major data breaches are occurring at a regular pace now, and are having an impact on our most standard, or reliable, institutions.

The global annual cost of cybercrime has been estimated at several hundred billion dollars. PwC’s 2014 Global Economic Crime Survey found that 7% of US organizations lost $1 million or more due to cybercrime incidents in 2013; furthermore, 19% of US entities reported financial losses of $50,000 to $1 million.

As Hammersly points out, ” Cybercrime affects each and every one of us. Every aspect of our lives is vulnerable to the criminal abuse of our networked world…”

It’s good to see the issue of cybercrime getting more in-depth attention in mainstream venues such as the BBC… I’m hoping there will be a large audience tuning in for what promises to be a very interesting and educational series.  The more educated people are, the better equipped we all will be to protect ourselves online.

Of course, cybercrime is a major issue to us at AVG: Our mission is to secure devices, data and people – and we are always working to give people and businesses the tools and information they need to better protect themselves online.  We haven’t talked about it a lot, but AVG Innovations Lab monitors current trends and develops software and apps to meet the needs of today’s consumer – as well as looks to future vulnerabilities to meet those needs too. In fact, we will be showcasing some of the work of our labs –including solutions to growing threats in mobile and the Internet of Things– during a press-only event we are calling “AVG Experiential Lab,” in San Francisco on Sept. 18.

White House hit by “sustained” cyber attack, hackers breach unclassified network

IT security staff have spent the last few weeks fighting hackers in the White House, after a computer network was breached. But can we tell who was behind the attack?

The post White House hit by “sustained” cyber attack, hackers breach unclassified network appeared first on We Live Security.

UK takes aim at serious hacking offenses with planned life sentences

Law makers in Britain are discussing a dramatic increase in sentencing for serious hacking offences, according to The Register. Currently in discussion in the country’s upper house, The House of Lords, the move looks to overhaul the Computer Misuse Act 1990, and includes a possible life sentence for serious hackers.

The post UK takes aim at serious hacking offenses with planned life sentences appeared first on We Live Security.