2017 Witnessed 130bn Pounds Loss for Global Cyber-Crime Victims

A new research by Norton the computer security company reveals that during 2017, consumers suffered a loss of 130bn pounds across the world due to hacking attacks in which British consumers in particular suffered a theft of 4.6bn pounds.

The yearly cyber security study by Norton unearthed over 17m British Internauts being impacted with PC crime, while undertaking almost 4% of the total worldwide monetary losses as against the nation accounting for just 1% of the total global population. Across the globe, around 978m consumers were targeted with cyber attacks, Norton discovered during the study.

Moreover among all cyber-crime assaults, phishing email scams, fake technical support crimes, and fraudulent online buying were the most frequent. Victims in these assaults accounted for 37%, 25% and more, and 20% of the overall cyber-crime sufferers.

Specifically, the Cyber Security Insights Report of Norton for 2017 unearthed that 978m consumers from twenty countries encountered cyber-crimes in 2017, indicating the real worldwide extent of such offence.

In a warning by Norton, it is opined that victims of cyber-crime aren't doing quite well for safeguarding themselves on the Internet. As per the report, they're over two-fold more likely to divulge their Internet account passwords to other people than those who have not been victimized with cyber-crime. Theguardian.com posted this on the Web dated January 23, 2018.

According to National Cyber Security Centre Chief Ciaran Martin of GCHQ, United Kingdom has the possibility of being struck with "category 1" meaning 'serious' PC assault bearing danger of life's end during the close future. While the majority comparable western nations encountered category one kind of cyber assaults, UK had been lucky in eschewing them thus far, Martin said.

He warned, January 23, it would be at that unfortunate time when UK would get struck with one big cyber-assault disrupting the country's democratic functioning or critical infrastructure. According to him, a few assaults would sustain, therefore, at that moment, the thing to do would be cauterizing the damage.

So the essential requirement is ensuring digital safety for consumers with them urgently adopting the basics about cyber-crime preventions for their own.

» SPAMfighter News - 2/1/2018