4 billion dollars in cyber attacks in 6 months

Worldwide cyber attacks have resulted in more than $ 400 million losses in the first half of this year.

In a report published on Tuesday, it has been claimed that at the rate of increasing the number of cyber attacks, the loss of this year is likely to be much higher than any other time.

This half-yearly report is given by the cyber security firm Trend Micro in 2017. According to the company’s midwifery security round-up, at this time, many organizations have faced ransomware, business email compromise (BEC) scams and Internet Things (IAAT) attacks.

Trend Micro has received threats of 82 million ransomware in the first half of the year. From where it was attacked almost three thousand times.

Trend Micro Chief Information Officer Max Chan said the issue of cyber attacks across the world has become a matter of “hot-button” in recent years. He said the situation could continue throughout the year.

Chan said, the enterprise needs to focus more on security. There are many organizations that may have to spend more money than the company’s main investment for security.

In April and June, ‘OneCapt’ ‘and’ Beta ‘ransomware carried out worldwide attacks and damaged thousands of organizations.
According to the Federal Bureau of Investigation (FBI), BEC scams increase global harm to $ 530 million

This half-year attack has also been carried out in IOT-based technology. There is also increasing day by day. At the same time hackers spreading propaganda has spread through social media.

But Trend Micro is unable to figure out the exact amount of losses and exact amount of money the hackers can handle.

However, experts say the amount of this loss could expire a few billion dollars. Most of whom will be victims of big business.

Source: Business Standard

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