Cybercrime and its effect on businesses

Introduction
Introduction
„Cybercrime covers any illegal behavior directed by means of electronic operations that target the security of computer systems and the data processed by them.“ (Kaur, 2016)
(Source: Tips on how to protect yourself against cybercrime, 2019)
Phishing
Example of phishing
Example of phishing
• The World Cup phishing scam involved emails that were sent to football fans. (Inc, 2018)
Malware attacks
Example of malware attacks
Example of malware attacks
• The WannaCry ransomware attack is a global cybercrime committed in May 2017.
• When the WannaCry ransomware attack hit, 230,000 computers were affected across 150 countries.
• The WannaCry cybercrime is estimated to have caused $4 billion in financial losses.
(Source: Tips on how to protect yourself against cybercrime, 2019)
Distributed DoS attacks
Example of DDoS attacks
Example of DDoS attacks
• DDoS attack on the UK National Lottery website in 2017
(Source: Tips on how to protect yourself against cybercrime, 2019)
The internet service company Yahoo! reported two major breaches of user account data in late 2016:
• The internet service company Yahoo! reported two major breaches of user account data in late 2016:
• The first breach occurred in 2014 and affected more than 500 million Yahoo! user accounts.
• The second breach occurred slightly earlier and affected more than1 billion user accounts.
(Source: Cybercrime and its effect on businesses, 2017)
The biggest cybercrimes in history
Source: Specops Software, 2020
Source: Specops Software, 2020
Cybercrime: Europe's Most & Least Secure Countries
The Netherlands
Ireland
Source: pcmag.com
EY Global Information Security Survey 2018–19
6.4 billion
The number of fake emails sent worldwide — every day.
1,464 The number of government officials in one state using “Password123” as their password2.
2 million The number...

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