Security Market Segment LS
Monday, 20 July 2020 13:40

Australia among countries most targeted by ‘significant’ cyber attacks, as cyber crime costs global economy US$6 trillion Featured

By

The prevalence and severity of cyber attacks are increasing at an alarming rate every year, so much so, that statistics estimate that cybercrime will cost the global economy a colossal $6 trillion per year by 2021 - with Australia among the countries most targeted by significant cyber attacks, according to analysis by one software firm.

Password management and authentication solution vendor Specops Software - which analysed the latest data from the Center for Strategic and International Studies (CSIS) and estimates by Cybersecurity Ventures - ranks Australia in sixth place of countries across the world which have experienced the most cyber attacks classified as significant.

“Australia is in sixth place with 16 momentous cyber attacks recorded. The most recent compromise was announced last month (June 2020) by Prime Minister Scott Morrison, who said Australia’s government agencies and essential businesses/services were being targeted by large-scale sophisticated cyber attacks,” Specops says.

Specops Software defines significant cyber attacks as cyber attacks on a country’s government agencies, defense and high-tech companies, or economic crimes with losses equating to more than a million dollars.

Specops’ reports that it found that America has been victim to the most cyber attacks categorised as significant (156) between May 2006 – June 2020 - the equivalent of 11 very serious cyber attacks each year since 2006.

“One of the most recent (May 2020) breaches aimed towards the USA has been brought to light by the National Security Agency (NSA), who found that Russian hackers are exploiting a bug in a commonly used email server to infiltrate sensitive data from American organisations,” said Specops.

“In second position is the United Kingdom. The UK has seen 47 cyber attacks categorised as significant since May 2006 to June 2020.

“One of the 47 incidents was the large-scale cyber attack deployed across the Labour Party’s digital platforms during the 2019 general election.”

Specops says that “falling prey to 23 significant cyber attacks, rising powerhouse India ranks in third place” while Germany is in fourth spot, having faced 21 substantial cyber attacks during May 2006 – June 2020.

“Interestingly, China, Iran and Saudi Arabia have each experienced the same number (15) of significant cyber attacks between May 2006 and June 2020.

“On the other end, North Korea has only been hit by five significant cyber attacks, faring much better than neighboring South Korea, who have suffered from 18 major cyber attacks,” Specops concludes.


Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinatrs and campaigns and assassistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Staff Writers

Our Staff Writers and Guest Writers contribute content to iTWire each day and they are available asset to the team. If you want to be a staff writer please contact us.

Share News tips for the iTWire Journalists? Your tip will be anonymous

VENDOR NEWS