World economy lost $27 billion a year due to cybercrime -

World economy lost $27 billion a year due to cybercrime

Damage to the world economy from the actions of cybercriminals in 2013 increased by 1.5 times and amounted to $27 billion compared to $18 billion in 2012, said Ilya Sachkov, CEO of Group-IB, while speaking at the conference on information security.

In 2011, the economic losses estimated at $12.5 billion. Thus, the loss of the world economy continues to grow from year to year.

According to Sachkov, classical means of information security are no longer able to prevent incidents.

In 2013, eight criminal groups involved in the theft of physical persons through a most active system of remote banking services (RBS). The activity of cybercriminals in the field of mobile banking services has also increased. During the year five groups involved in the theft from individuals’ accounts were revealed. Besides, criminals have become more active to attack ATMs, and the number of DDoS attacks on banks and payment systems has also increased.

According to the company CEO, in 2014-2015 the number of targeted attacks on banks and financial institutions will increase, as well as the number of threats to individuals, infections of POS terminals and mobile devices. Phishing activity on personal computers (PC), on the contrary, will be reduced due to the low efficiency of the schemes used by fraudsters, Lenta reports. 

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