In this tech-savvy business world, every organization whether it’s small-medium or large is busy in securing and monitoring all forms of technology like computers, PCs, laptops, tablets, and mobile phones, and routers to make sure their company information is secured. In an atmosphere, cyber space is no longer a need but a necessity. India is regarded as the biggest victim of cyber attacks in the world. Russia has the most robust cyber crime black market that is valued at nearly $2billion and there are as many as 30 highly-capable cyber crime groups. China has a dubious track record of having responsible for 30% of all cyber attacks on other countries. Cyber degree hub is the website where the cyber security aspirants will find all the details about their education.
Cyber security has become a concerning problem worldwide. The cyber attacks can compromise an entity’s functions and processes as many of the processes of an organization are being controlled or done digitally. A cyber breach can expose sensitive business data to the outside world. The damage due to cyber attacks worldwide is expected to reach an estimated $6 trillion by 2021 per year.
The following countries have suffered a maximum number of cyber attacks:
- South Korea
- Saudi Arabia
The survey indicates that 49% of users are the victim of cyber crime in some way or the other. Among them, banking, credit/debit cards, and other financial information are most rampant via the internet. The major businesses are hacked and held for ransom, involving identity data theft and damaging the critical infrastructure like grid and water systems or mobile services. 70% of all cyber attack victims never report these crimes because they haven’t adequate knowledge of those crimes. Yes, 85% of users feel that cyber crimes are serious threats. 95% of the users have the experience of experiencing some type of cyber crimes among them stealing identity and personal data and financial information most deadly. Cyber degree hub makes sure applicants will have thee reliable details about cyber security courses.
The Techniques Used for Cyber Attacks:
- Denial of Service Attack (DoS)
- SQL Injection Attack
- Man-in-the-middle (MitM)
- Phishing Attack
Cyber security is defined as securing vital and confidential information like financial and banking details, credit or debit card information, customer data, and login details from various online attacks like hacking, virus, or malware. Find us at cyber degree hub.
The larger the business, the more complex cyber protection will become particularly for collecting payments through credit cards. As billions of dollars worth of money are being transacted via the World Wide Web, there is a growing need for the implementation of effective protection and solutions. It is advised to the businesses to continuously update their software and internal processes as everyday news threats are introduced. To keep the business data safe, it should be the foremost concern for business owners. It‘s known that cyber criminals prefer attacking small and medium enterprises with a perception that they don’t have adequate security. The most common causes of cyber breaches:
- Physical loss or theft of the device
- The internal threat of accidental breaches or intentional breach
- Weak security controls