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 big update has come out regarding seat distribution in the Bihar NDA. Bihar Deputy Chief Minist
Minority Affairs Minister Mukhtar Abbas Naqvi on Friday targeted Naz Shah, a Pakistani-origin MP
After Jeth, the sky is raining fire in Ashadh as well. There is not much difference between morni
The Supreme Court has termed the brutality with the doctor in Kolkata as a horrific incident and
Poco F4 5G: Poco F4 5G's first sale tomorrow with a discount of Rs 4,000
Poco F4 5G First Sale: Poco F4 5G has its first sale tomorrow i.e. on June 27, 2022. Tomorrow thi
PM Narendra Modi forms economic response task force, calls for 'Janata Curfew'
राष्ट्र को 30 मिनट के संबोधन में, मोदी
The central government decided to reduce the interest rates on small savings on the last day of t
PM Modi praised Manmohan Singh: While addressing the farewell ceremony of MPs in Rajya Sabha, PM
CBSE 12th Result 2024: CBSE Board has released the class 12th result. Class 12th students ca
A climate activist group named 'The Tire Extinguisher' performed uniquely in 8 countries of the w
