);
//]]>// >By Jack M. Germain
Feb 16, 2021 5:00 AM PT
Some cybersecurity experts agree with a report by Cybersecurity Ventures and expect financial damages from cybercrime to reach $6 trillion by the end of this year. Industry studies show that cyberattacks are among the fastest-growing crimes in the United States.
Cyberattacks are absolutely on the rise. Based on everything we know and every single analyst we have spoken with, there is no doubt that attacks are increasing, according to Robert McKay, senior vice president, risk solutions at Neustar. Cybersecurity experts predict that in 2021 there will be a cyberattack incident every 11 seconds. This is nearly twice what it was in 2019 (every 19 seconds), and four times the rate five years ago (every 40 seconds in 2016), he told TechNewsWorld.
);
//]]>// >By Jack M. Germain
Feb 16, 2021 5:00 AM PT
Some cybersecurity experts agree with a report by Cybersecurity Ventures and expect financial damages from cybercrime to reach $6 trillion by the end of this year. Industry studies show that cyberattacks are among the fastest-growing crimes in the United States.
Cyberattacks are absolutely on the rise. Based on everything we know and every single analyst we have spoken with, there is no doubt that attacks are increasing, according to Robert McKay, senior vice president, risk solutions at Neustar. Cybersecurity experts predict that in 2021 there will be a cyberattack incident every 11 seconds. This is nearly twice what it was in 2019 (every 19 seconds), and four times the rate five years ago (every 40 seconds in 2016), he told TechNewsWorld.
Cybersecurity experts predict that in 2021 there will be a cyberattack incident every 11 seconds. This is nearly twice what it was in 2019, and four times the rate five years ago in 2016. The rapidly growing increase in cyberattacks worldwide comes at a hefty cost for businesses in order to better protect their computer networks from intrusions. Cyberattacks not only are increasing in frequency, but they are costing victims larger financial losses.
A team at cybersecurity company Sixgill analyzed five underground forums, chosen for their high volume of posts, low barrier to entry, and prominence, to investigate their user count and activity. At their peak, these forums had a combined total of 268,610 unique monthly users – up from 82,421 in January. Their compounded monthly growth rate ranged from 1% to 9.2%.
While the growth can be explained by the increase in people sitting inside with the lack of other things to do, Sixgill security research lead Dov Lerner was surprised by the jump in activity. One site s growth did not hinder another s, a sign that participation on the Dark Web is growing.