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.
Impact of Corona crisis: Gold imports fall for the fifth consecutive month in April
New Delhi: The country's gold imports have fallen for the fifth consecutive month in April. Due t
These days John Abraham is promoting his upcoming film 'Attack' very loudly. Meanwhile, John has
The Central Government reduced the prices of petrol and diesel by making a big cut in the excise
Now the second video of minister Satyendar Jain, lodged in Delhi's Tihar Jail in a money launderi
Kishore Vaigyanik Protsahan Yojana Discontinued: The government has canceled the Kishore Vaigyani
Meghalaya Assembly Election: Refusal to approve stadium for PM's rally, BJP raises many questions
Meghalaya's Sports Department has denied permission to host Prime Minister Narendra Modi's electi
Waves 2025: Shahrukh Khan impressed by PM Modi's initiative, praised it on social media
Bollywood King Shah Rukh Khan was seen supporting Prime Minister Narendra Modi's vision for the m
8th story from New Delhi. (Bhanwar Jangid). Within two months of the lockdown, Delhi's heartbeats
Mumbai Rain Updates: IMD's red alert in Mumbai even today, schools closed in Thane and Palghar
Mumbai Weather: Heavy rains continue to wreak havoc in Mumbai. The India Meteorological Departmen
Russia has again threatened a nuclear attack on Ukraine amid the Russia-Ukraine war. Russian Fore
