21st Century Cybercrime – The Evolution Of Protecting Your Data

“21st Century Cybercrime – The Evolution of Protecting Your Data”

cloud-security-infographic

The relentless development of technology has facilitated an increase in cybercrime, affecting individuals and businesses in different ways and to differing degrees. Since the advent of the internet the protection of data has been of paramount importance, however, the development of various technologies has made the protection of data more and more difficult to ensure. In the UK alone, cybercrime was found to cost organisations on average £2.1million per year with an average of 41 cyber-attacks per week.

Back when the internet age was still young, cybercrime was hacker led, largely committed by individuals hoping to prove the existence of glitches in operating system. An example of such was Moonlight Maze when hackers targeted military information held by the Pentagon. Proving the glitch was an end in itself.

As technology has advanced, however, cybercrime has become the domain of organised gangs seeking financial gain from their crimes. The cybercrime network is today a legitimate and sophisticated business with technical innovators at the top.

Information Theft

Information theft is increasingly common, with gangs infiltrating computer systems in order to extract the personal data of users. One headline grabbing infiltration occurred in 2011 when marketing giant Epsilon had their email lists hacked; those lists comprised customers of large firms such as Citibank and JP Morgan. The criminals used these email addresses for phishing.

The development of third party cloud storage technology has assisted cyber criminals as large batches of data are now so often stored within one cloud. It is essential that companies separate out their data across multiple storage options. Experts have indeed highlighted that cloud data is especially prone to crime due to a lack of security measures. For personal cloud storage it is essential to protect your data by using two-step verification if it is available.

Smart Phones

The continued technological advancement of smart phones also poses an opportunity for cyber criminals. Criminals employ those techniques used on PCs alongside new smart phone specific approaches. In particular, social networking apps which hold a wealth of personal information which are often exploited by cyber criminals. The best protection against this both on smart phones and computers is to remove all personal details from your account and lock down your security settings. Worryingly, anyone can develop and retail an app, even criminals. Some users may ‘root’ or ‘jailbreak’ their smart phones. This is the ability to tamper with a phone’s operating system.

A recent study found that the industry most susceptible to cybercrime is the travel industry. This is largely down to a change in consumer behaviour, with more and more people booking their travel online. Social attitudes today mean that people are far more willing to input bank details online and do not recognise that their details are data easily accessible by criminals. There are simple ways in which consumers can protect themselves such as researching the holiday company to ensure it is reputable and pay for holidays using a credit card.

By Akash Valand

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!
FacebookTwitterLinkedInGoogle+Share

Sorry, comments are closed for this post.

Join Our Newsletter

Receive updates each week on news, tips, events, comics and much more...

Popular

Top Viral Impact

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter The city of the future is impeccably documented. Sensors are used to measure air quality, traffic patterns, and crowd movement. Emerging neighborhoods are quickly recognized, public safety threats are found via social networks, and emergencies are dealt with quicklier. Crowdsourcing reduces commuting times, provides people with better transportation

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow  Online Education is a very exciting topic for many as it opens up many new doors and opportunities. We’ve touched on areas such as Massive Open Online Sources (MOOC) which provides tremendous levels of cloud based interconnectivity. We’ve taken a look into higher education,  the increased demand for online courses as well as

Cloud Infographic – The Power Of Cloud Disaster Recovery

Cloud Infographic – The Power Of Cloud Disaster Recovery

Cloud Infographic – The Power Of Cloud Disaster Recovery Preventing a Cloud Disaster is one thing. Recovering from a disaster is a whole other area of concern. Today’s infographic provided by CloudVelox outlines some best practices and safeguards in order to help your business make more informed decisions. About Latest Posts Follow Us!CloudTweaksEstablished in 2009,

Can I Contribute To CloudTweaks?

Yes, much of our focus in 2015 will be on working with other influencers in a collaborative manner. If you're a technology influencer looking to collaborate long term with CloudTweaks – a globally recognized leader in cloud computing information – drop us an email with “tech influencer” in the subject line.

Please review the guidelines before applying.