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CYBER CRIME SPREADS IN AUSTRALIA AS COVID-19 PUSHES MORE PEOPLE ONLINE

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Business


CYBER CRIME SPREADS IN AUSTRALIA AS COVID-19 PUSHES MORE PEOPLE ONLINE

FILE PHOTO: A hooded man holds a laptop computer as cyber code is projected on
him in this illustration picture taken on May 13, 2017. REUTERS/Kacper
Pempel/Illustration

15 Sep 2021 09:19AM (Updated: 15 Sep 2021 11:29AM)
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SYDNEY :Australia reported on Wednesday a 13per cent jump in cyber crime in the
past year, with about one incident in four targeting critical infrastructure and
services as working from home during the pandemic made more people vulnerable to
online attacks.

The Australian Cyber Security Centre (ACSC) received one cybercrime report every
eight minutes over the 12 months to June 30, 2021, it said in its annual report.


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Hackers have switched their focus to people working remotely online, and used
fear created by COVID-19 to actively target vulnerable people and health
services to conduct espionage, and steal money and sensitive data, Assistant
Minister of Defence Andrew Hastie said in a statement.

Ransomware incidents increased nearly 15per cent, with the health sector
reporting the second-highest number of attacks.

Ransom software works by encrypting victims' data and typically hackers will
offer victims a passcode - or a "key" - to retrieve it in return for
cryptocurrency payments that can run into millions of dollars.

"Malicious cyber criminals are escalating their attacks on Australians," Hastie
said.

In June last year, Australia said it was being targeted by a "sophisticated
state-based cyber actor" with the attacks targeting all levels of the
government, political parties and essential service providers. Sources told
Reuters that Australia viewed China as the chief suspect, which Beijing has
denied.


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In July this year, the United States and its allies, including Australia,
accused China of a global cyberespionage campaign, which Secretary of State
Antony Blinken said posed "a major threat to our economic and national
security".

IDCare, which works with regulators to support identity theft victims, said the
ACSC figures were the "tip of the iceberg" because many victims did not report
to authorities. It said it had experienced a 47per cent jump in complaints so
far in 2021, compared to 2020 which was itself a record year.

"The general indicators are that it's not slowing and is likely to increase,"
IDCare managing director David Lacey said.

"It's a perfect storm for scammers it's conditions that they love and thrive
in."

(Reporting by Renju Jose and Byron Kaye; Editing by Kenneth Maxwell & Simon
Cameron-Moore)


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Source: Reuters


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