Whereas Apple computer infections show a growing trend, users can fall victim to other cyber-attacks that involve phishing and may lead to identity theft, financial losses, and other serious issues. Phishing is one of the dominating forms of today’s online attacks. With social engineering at its core, it mainly relies on booby-trapped links, typically arriving with emails, to hoodwink recipients into disclosing their personal information to fraudsters.

The particularly unnerving thing is that phishing kits available on darknet sources can be easily accessed by individuals who don’t have a solid programming background. It means that even people with basic computer skills may zero in on you.

Continue reading

By 2021, cybercrimes will cost companies USD 6 trillion, according to a study.

The number of internet users has grown from an estimated at 2 billion in 2015 to 4.4 billion in 2019, but so have the cybercrimes which are expected to cost companies USD 6 trillion worldwide, according to a study by Cybersecurity Ventures.

Similarly, the number of smartphone users has grown from 2.5 billion in 2016 to 3.2 billion in 2019 and is forecasted to grow to 3.8 billion by 2021. Smartphones and the internet will make further inroads to our economic system. But there are certain risks involved as well.

Mobile phones are becoming targets of cybercriminals because of their widespread use and increasing computing power. Consider the fact that more than 60 % of online fraud occurs through mobile phones. This threat is not just towards individual users but businesses as well. It does not matter how large the company is either. 43% of the cyberattacks in 2019 were aimed at smaller businesses because they do not have adequate protection.

Continue reading