Sunday, January 16, 2022

Cybercrime against Australians is rapidly worsening

According to a new report by the Australian Cyber ​​Security Center (ASCS), incidents of cybercrime increase by 13 percent in a year, with a new attack reported every 8 minutes.

Operated by the Australian Signals Directorate, the digital espionage agency, the ACSC noted that a high proportion of cybersecurity incidents were being classified as “substantial” under their influence.

“Government agencies, large organizations, critical infrastructure providers, small to medium enterprises, households and individuals at all levels were primarily targeted by criminals or state actors in the reporting period,” the report said.

Self-reported cyber-crime lost more than $33 billion in 2020-21 alone, as criminals and spies increased their reliance on the Internet during the pandemic.

“Malicious cyber actors pivoting to exploit the COVID-19 pandemic are actively targeting vulnerable Australians and health services to spy on, and steal money and sensitive data,” said Assistant Defense Minister Andrew Hesty while releasing the report said.

Hasty warned that the health sector was particularly at risk, seeing the second largest number of ransomware incidents, as malicious actors exploit people’s desire for COVID-19 information and services to obtain personal data.

While many criminals are criminals seeking profit, the report said the attacks were being carried out by state actors, “motivated by access to intellectual property or sensitive information about Australia’s response.”

Health services were involved in a quarter of all 67,500 cybercrime incidents related to Australia’s critical infrastructure during 2021-21. Food delivery and energy are also being targeted, with the ACSC warning that this could lead to “significant disruption to essential services, loss of revenue and the potential for loss or loss of life”.

Government services remain the primary victim, accounting for 35 percent of all reported incidents, although this may also indicate under-reporting in the private sector.

It follows a major incident last year where Australian Prime Minister Scott Morrison announced that the nation was facing a sophisticated state-based cyberattack, widely believed to be from China. “Sadly, this activity is not new, but the frequency is increasing,” he said at the time.

Responding to the ACSC report, cyber security expert Rylan Painter urged people to be proactive and vigilant, including rapid patching, maintaining a response plan for ransomware attacks, and ensuring cyber security is a strategic for them and their businesses. remains a priority.

Hastie is encouraging any Australian business, organization or family to report cybercrime or become a partner of the ACSC through ReportCyber.

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This News Originally From – The Epoch Times

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