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Atlas VPN research team found that in the 2020 financial year, online security companies in the UK raked in nearly 8.88 billion GBP which is equivalent to 12.51 billion US dollars, a 7% increase from last year's 8.3 billion GBP (11.69 billion USD).
Last year was challenging for organizations on many levels. Due to the global pandemic, many businesses were forced to close, while some shifted to remote work, which opened new opportunities for cybercriminals. This situation pressed organizations to look for new ways to improve their cybersecurity practices.
Recent findings by Atlas VPN reveal that these requests have been steadily growing in the past five years. In the first half of 2020, Google reported a record number of applications for the disclosure of user information.
With our lives increasingly taking place online, cybercrime is more profitable than ever. Last year, global losses from cybercrime reached record-highs.
Recent findings by Atlas VPN reveal that cybercriminals started to hack into the ATMs using malware and logical attacks. A logical or malware attack is a type of cyber attack where threat actors alter the ATM software to access the cash dispenser.
The year 2020 was full of challenges. The global pandemic threatened our health and digital safety as cybercriminals took advantage of the worldwide uncertainty for a quick gain.
Scam damages in Australia have been steadily growing in the last 4 years. However, last year’s losses surged by more than two times. The reason being, millions of people shifted towards remote work and, in turn, created many new attack vectors for cybercriminals.
It is no secret that tech companies have shared their user information with governments in the past. This makes many Americans feel uncomfortable with how their data is handled.
The COVID-19 pandemic has forced many people to turn to the internet for information about the elections. Moreover, a large part of the population voted digitally. This shift created countless new attack vectors for cybercriminals. According to data presented by Atlas VPN, over 152 US election applications have infringement issues and 16 mobile apps have malicious code within them.
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