UK Cyber Crime Is Increasing In 2019
Uploaded on 2019-09-11 in GOVERNMENT-Law Enforcement, FREE TO VIEW
The UK has seen a significant growth in cyber criminality in the form of high-profile ransomware campaigns over the last year. Breaches leaked personal data on a massive scale leaving victims vulnerable to fraud, while lives were put at risk and services damaged by the WannaCry ransomware campaign that affected the NHS and many other organisations worldwide.
Tactics are currently shifting as businesses are targeted over individuals and although phishing attacks on individuals are increasing, fewer are falling victim as people have become more alert although because the distinction between nation states and criminal groups is increasingly blurred, cyber-crime attribution is sometimes difficult.
Many Russian-speaking cyber groups are threatening UK interests, but home-grown cyber criminals are becoming more sophisticated and therefore a rising threat.
Although young criminals are often driven by peer kudos rather than financial reward, organised UK cyber-crime groups are motivated by profit.Cyber criminals seek to exploit human or security vulnerabilities in order to steal passwords, data or money directly.
The Most Common Cyber-Threats Include:
• Hacking - including of social media and email passwords
• Phishing - bogus emails asking for security information and personal details
• Malicious Software – including ransomware, through which, criminals hijack files and hold them to ransom
• Distributed Denial of Service (DDOS) attacks against websites, which is often accompanied by extortion
The scale and complexity of cyber-attacks is wide ranging.
'Off the shelf' tools mean that less technically proficient criminals are now able to commit cyber-crime, and do so as awareness of the potential profits becomes more widespread. The evolving technical capabilities of malware means evolving harm as well as facilitating new crimes, such as the crypto-mining malware which attacks digital currencies like Bitcoin.
Cyber-attacks are financially devastating and disrupting and upsetting to people and businesses.
We know that there is significant under-reporting, although the new General Data Protection Regulation is likely to prompt a better picture of scale. Currently the level of sentencing at court is not commensurate with the seriousness of attacks, and this is an area which is ripe for consideration.
Action Fraud is the UK’s national reporting centre for fraud and cyber-crime where you should report fraud if you have been scammed, defrauded or experienced cyber-crime in England, Wales and Northern Ireland.
You can talk to the fraud and cyber-crime specialists by calling 0300 123 2040 at Action Fraud.
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