Hacks by criminals on the rise

THE number of cybersecurity incident reports received by the Hong Kong Productivity Council (HKPC, 香港生產力促進局) rose by a staggering 55 percent to 10,081 last year.
The council’s Computer Emergency Response Team Coordination Centre (電腦保安事故協調中心) analysed the incidents reported by local enterprises and individual internet users.
The council said it is becoming easier for criminals who are less tech-savvy to launch attacks. One-stop attack services offered by hackers are easily accessible online, which enables criminals to purchase such services and wreak havoc themselves.
The centre also attributed the increase in security incidents to recent global malware infections, in particular the WannaCry ransomware attack in 2017. Malware-related incidents increased by 56 percent to 3,125 cases last year, among which some 2,500 cases were triggered by WannaCry.
Also, seven of the 10 webcams from different brands that were tested by the centre were found to have flaws in their security designs.
Moreover, criminals increasingly targeted companies with large amounts of customer data, which was evident in the attacks against GoldJoy Holidays and Cathay Pacific.
The council warned internet users and enterprises to be aware of financially motivated crimes, especially those involving ransomware and e-mail extortion.

(This article is published on Junior Standard on 30 January 2019)

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