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.
Literature, cultures merge at Sahitya Akademi festival
New Delhi, March 10 (IANS) More than 170 writers and scholars from across India have converged
IT Raid: Income tax raid on educational institutions of Bangalore, early morning action
On Thursday morning, several educational institutions in Bengaluru were raided by the Income Tax
Fans wait eagerly for the match between India and Pakistan. Considering that there is no bilatera
For the love of PUBG partner Sachin Meena, Seema Haider, who came to India via Nepal with four ch
Amarnath Yatra begins on July 2
New Delhi, March 5 (IANS) The annual Amarnath Yatra (pilgrimage) will begin on July 2 on both t
India asks its nationals to leave 'fragile' Yemen
New Delhi, March 25 (IANS) With growing instability in Yemen, India on Wednesday issued an advi
The real purpose of the Russian attack against Ukraine was to prevent it from going to NATO, but
Gurgaon helpline for northeast people gets bizarre calls
Gurgaon, March 13 (IANS) A special police helpline launch
Salman Khan: Salman Khan started shooting for 'Battle of Galwan' in Ladakh, BTS picture goes viral
There is good news for Salman Khan fans as Salman has started shooting for his much-awaited film
New Delhi: Efforts are also being made to mobilize and garner international support for the ongoi
