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11 Surprising Online Security Facts

Online security facts

Social media is a hacker’s playground – Your social media account holds plenty of personal information and in some cases, it’s enough to hack other accounts. It’s said that over 215 million Facebook accounts are hacked every single year. You may not even realize the risk of using the Internet. The following 11 online security facts may be surprising, helping you better protect yourself in the future.

  1. Global cyber-crime costs more than $100 billion USD annually – Cyber-crime is detrimental to the economy and in 2004, MyDoom claimed the spot as the most expensive virus of all time. Costing a total of $38.5 billion USD, it infected 25 percent of the worldwide email traffic.
  1. Hackers use government malware to advance – It’s said that government malware supports the evolution of criminal malware and hacking behavior. Within the past five years, more than a handful of government-created malware have been detected. It is suggested that you use a VPN solution to protect your information.
  1. The top cyber criminals have caused massive consumer losses – Currently the FBI has listed 19 individuals who are responsible for massive losses, ranging from $350,000 to $100 million.
  1. You can see cyber attacked in real-timeA map has been created that allows you to view cyber attacks in real-time. The United States is most certainly a common target, especially the U.S. Navy and U.S. Department of Defense Networks.
  1. Social engineering to manipulate victims – When it comes to cyber security, people tend to be the weakest link. Hackers use psychological manipulation to execute their scams. A real-life example of this was an international crime ring which stole $1 billion in two years from a total of 100 banks. They targeted specific bank employees using spear phishing.
  1. Hacktivism is a main motivator – Nearly half of all cyber accounts have some sort of political agenda. These attacks are often related to human rights and other aspects of basic freedoms. Although Anonymous is the most widely known group of this sort, there are many other groups that carry out similar attacks.
  1. 68 percent of lost funds aren’t recoverable – On average, it takes 170 days to detect a malicious attack. Successful attacks are increasing in more recent years and approximately 68 percent of all stolen funds are lost for good. Always be particularly careful and cautious when it comes to your financial information. Use long passwords, which you change on a regular basis.
  1. The majority of computers are at-risk – It’s been said that up to 99 percent of computers are at-risk of being attacked due to out-of-date versions of Java, Adobe Flash, and Adobe Reader. Hackers used this to their advantage, launching a number of attacks. This is why it’s recommended that you continually update these software programs.
  1. Companies are on-edge – In 2013, it was reported that 53 percent of U.S. companies had little to no confidence that they would be able to stop security breaches within the following year ahead. Even some of the most well-known and trustworthy companies have been hacked, such as eBay and Sony. In 2014, 90 percent of large organizations and 74 percent of small organizations suffered a security breach.
  1. Most online applications are vulnerable – In fact, it’s said that 98 percent of tested web applications are currently vulnerable to being attacked. Even more shockingly, three out of every four attacks are a direct result of human error. Make sure that all of your applications are up-to-date and that patches are installed.
  1. Bank fraud is on the rise – Based on figures from 2015, it was found that banking fraud increased by 48 percent, in comparison to 2014. It’s said that a lead driving force of this phenomena is due to customers revealing too much information – normally over the phone.
Heron, J. (2015). 10 of the most shocking 2015 information security facts. IMS.online. Retrieved on January 24th, 2016, from http://www.isms.online/blog/2015/11/11/10-of-the-most-shocking-2015-information-security-factsWright, K. (2015). 6 Truly Shocking Cyber Security Statistics. IT Governance. Retrieved on January 24th, 2016, from https://www.itgovernance.co.uk/blog/6-truly-shocking-cyber-security-statistics/

Zaharia, A. (2015). 10 Surprising Cyber Security Facts That May Affect Your Online Safety. Heimdal Security. Retrieved on January 24th, 2016, from https://heimdalsecurity.com/blog/10-surprising-cyber-security-facts-that-may-affect-your-online-safety/