Kolkata, March 7 (IANS) The rapid expansion of social media has enabled hackers to closely cooperate and group with each other to launch measured attacks, an industry expert said here on Saturday.
"The cyber crime scenario is turning murkier day by day... and social media is providing a fantastic platform for these people (cyber criminals)."
"Cyber criminals may not know each other but when they see money, they share their capabilities," R. Vittal Raj, international vice president of Information Systems Audit and Control Association (ISACA) told IANS on the sidelines of a company event here.
He said despite organisations and chief information officers putting in their best efforts to combat hackers, the cyber criminals are coming up with new strategies to find loopholes in the IT system.
"A new type of threat called Advance Persistent Threat (APT) has emerged where the hacker is patient and takes his own time to understand the system, waits for the right opportunity and finally attacks in a major way," he said.
Raj said there has been a phenomenal jump in cyber attacks since 2013, compared to 2012.
"We are seeing size and complexity of attacks never seen before... this is a new trend in organised crime...," he said.
Anti-virus major McAfee has estimated the cost of malicious cyber activity in 2013 to be in the range of $300 billion to $1 trillion.
A top Indian Navy official said on Tuesday that there has been a massive increase in drug traffic
Jammu and Kashmir Police have taken major action in the Reasi attack. The sketch of the terrorist
Government will announce relief package within 2-3 days, Nitin Gadkari hinted
new Delhi. In order to give relief to industries in the wake of COVID-19 Crisis, the Central Gove
PM Modi in ASEAN Summit PM Modi today addressed the 43rd ASEAN Summit going on in Jakarta. PM Mod
Apples, tourism, and now marble... know how friendship with Pakistan is costing Turkey heavily
Turkey, which is helping Pakistan by sending drones, is facing constant anger. Now Udaipur's marb
In Leicester, UK, once again a case of a clash between Pakistani Muslims and Hindus has come to t
There is an atmosphere of celebration in South India today. Everyone is excited about Onam, the m
The second wave of Corona saw a severe shortage of medical oxygen in hospitals across the country
Elon Musk On Twitter: Elon Musk Announces, Now You Will Have To Pay $8 For 'Blue Tick' On Twitter
Twitter's new owner Elon Musk has made a big announcement on Twitter about the prices of 'Blue
The condition of corona infection in the country is becoming frightening. In the last 24 hours, 8
