Both were allegedly state-sponsored hackers who were part of an alleged criminal conspiracy that resulted in some of the costliest computer intrusions in history. Both Jon Chang Hyok and Kim Il are charged with conspiracy to commit wire and bank fraud and computer-related fraud. The Federal Bureau of Investigation's site mentions two North Korean individuals in its Most Wanted list. The Curious Case of Jon Chang Hyok and Kim Il ![]() Here, we will discuss a typical case of such repute, which alleges state complicity in perpetrating cybercrime. But it is not uncommon to use cybercrime for political purposes and look beyond monetary gains. And you would be taken aback for sure if we, at this point, raise the case of government-sanctioned cybercrime. However, crime is something that we do not generally associate with government-backed agencies. Attackers or hackers are spread globally and are equipped to attack any system or network from any remote location. Undoubtedly, cybercrime is something that comes with grave and severe consequences. In fact, the insurance company Hiscox's data shows that affected companies may go out of business within six months of the attack. Types of cybercrime may also include theft of financial data, card or payment data, cyber-extortion, cyber-espionage, copyright infringement, illegal gambling, ransomware attack, and more.Īccording to data presented by the globally revered cyber security company Kaspersky, a single attack, which could be a data breach, malware, ransomware, or DDoS attack, can cost a company, irrespective of its size, an average of US$200,000. A distributed DoS attack often inflicted upon IoT devices, brings down a particular system or network. It can be a malware attack, where the attacker infects a system with a virus.Ī phishing campaign uses spam emails, messages, or other forms of communication to trick the recipient into compromising data privacy. It can be any sort of malicious activity that targets a computer, a computer network, or a networked device. Yes, you read that right! What is Cybercrime?Ĭybercrime is an umbrella term that encompasses a whole lot of schemes and efforts to disturb, damage, and cause harm to networks and systems. A growth of more than 300% in a decade is something that we all need to worry about. And if the number already appears frightening, it is expected to hit US$10.5 trillion by 2025. ![]() Estimates suggest that the combined harm cybercrime could inflict on systems worldwide was as high as US$6 trillion in 2021.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |