Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
Tech
»
1-min read

Cyber Criminals Now Executing Politically Devastating Attacks: Symantec

Today, the largest heists are carried out virtually, with billions of dollars stolen by cyber criminals.

IANS

Updated:April 26, 2017, 4:02 PM IST
facebookTwitterskypewhatsapp
Cyber Criminals Now Executing Politically Devastating Attacks: Symantec
Image for Representative purpose (Image: Reuters)
Loading...

Explaining how simple tactics led to unprecedented outcomes, a new report from global cyber security firm Symantec said on Wednesday that cyber criminals are executing politically devastating attacks to undermine a new class of targets.

According to Symantec's "Internet Security Threat Report," cyber criminals revealed new levels of ambition in 2016 -- a year marked by extraordinary attacks including multi-million dollar virtual bank heists and overt attempts to disrupt the US electoral process by state-sponsored groups.

"New sophistication and innovation are the nature of the threat landscape, but this year Symantec has identified seismic shifts in motivation and focus," Tarun Kaura, Director, Solution Product Management for Asia Pacific and Japan at Symantec, said in a statement.

"The world saw specific nation states double down on political manipulation and straight sabotage. Meanwhile, cyber-criminals caused unprecedented levels of disruption by focusing their exploits on relatively simple IT tools and cloud services," Kaura added.

The report said subversion and sabotage attacks emerged at the forefront.

Cyber attacks against the US Democratic Party and the subsequent leak of stolen information reflect a trend toward criminals employing highly-publicised, overt campaigns designed to destabilise and disrupt targeted organisations and countries.

Today, the largest heists are carried out virtually, with billions of dollars stolen by cyber criminals.

While some of these attacks are the work of organised criminal gangs, for the first time, nation states appear to be involved as well.

"This was an incredibly audacious hack as well as the first time we observed strong indications of nation-state involvement in a financial cyber crime. While their sights were set even higher, the attackers stole at least $94 million," Kaura added.

The report also found that one in 131 emails contained a malicious link or attachment -- the highest rate in five years.

| Edited by: Krishna Sinha Chaudhury
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results