The Caribbean is not the only region being hit by cybercriminals. Cyber attacks are big business.Norton’s annual cybercrime report put the global cost of cybercrime in 2012 at $110 billion. According to the report, 1.5 million people are impacted every day across the world–close to 18 people per second. The highest numbers of cybercrime victims were found in Russia (92%), China (84%) and South Africa (80%).
Nearly half of all adults online (46%) have first-hand experience of cybercrime, a slight rise from the 2011 figure of 45 per cent. Of real concern is an increase in cybercrime that takes advantage of social networks and mobile technology. 21 per cent have fallen prey to social or mobile crime. Specifically within social networking, the report found that 15 per cent of users have had their account infiltrated, and only half (49%) used privacy settings effectively to control the information they share.
However, one commentator speculates that is not 2012 but 2013 that may well be remembered as the year of the hacker. And February was the bellwether. In that month alone, industry giants such as Facebook, Apple, Twitter and Microsoft, as well as large players like Dropbox and Evernote all officially acknowledged having fallen prey to cyber attacks.
On February 15, Facebook Security posted a statement acknowledging that their “systems had been targeted in a sophisticated attack”.
On February 19, Reuters reported that “unknown hackers infected the computers of some Apple workers when they visited a website for software developers that had been infected with malicious software.”
Days later, Twitter disclosed that it had been breached February 1 and that hackers might have accessed some information on about 250,000 users, was hit in the same campaign that attacked Apple.
On February 22, the general manager of Trustworthy Computing Security at software giant Microsoft confirmed that the company had experienced a security intrusion similar to breaches that occured at Facebook and Apple days before.
A message posted by Dropbox in its own support forum in March did little to disconfirm rumours that it was still suffering from the vestiges of a major data breach it experienced last July.
Most recently, cloud storage provider Evernote was hacked and subsequently required all of its users to change their passwords.
Other attacks gain prominence because of the flambuoyant modus operandi of the agents involved. On February 18, hackers gained unauthorised access to Burger King’s Twitter account, transformed the company’s profile to promote McDonald’s new Fishy McBites and subsequently began tweeting increasingly inappropriate messages. Two days later, Jeep’s Twitter account was hacked and visitors to Jeep’s Twitter page saw a graphic header announcing that the Chrysler division had been sold to Cadillac.
Cybersecurity issues also have a strong international relations undertone. The Washington Post, The New York Times, Bloomberg News and The Wall Street Journal are among a growing list of U.S. news organisations whose computers are thought to have been penetrated by Chinese hackers since 2012.
On March 11, AFP reported that computer networks at the Reserve Bank of Australia had been hacked, “with some reportedly infected by Chinese-developed malware searching for sensitive information”. Meanwhile, Iranian media outlet PressTV recently reported that Chinese officials have identified the US as the source of over half of all the cyber attacks targeting the nation’s computer systems in the first two months of 2013 amid rising tensions between the two rivals over cyber intrusions.