Sunday, September 2, 2018

Welcome to the inaugural posting of Cyber-crime and the DDW Connection. My goal with this blog is to highlight weekly cyber-crime stories, while at the same time digging a little deeper into the DDW implications likely related to each story. My hope is that the reader will garner a better understanding of how truly pervasive cyber-criminals are in today's society, as well as the methodologies used to perpetrate nefarious actions against the grander populace. For this first week, I'd like to leave you with some recent FBI, CCB, and the National Cybercrime Taskforce:

Based on reporting, overall upward trending is very clear:
> 2013: Average cost of cybercrime per organization: $11.56 million
> 2014: IC3 received 269,422 complaints, with an adjusted dollar loss of $800,492,073
> 2014: FBI notified 3,000 U.S. companies they had been victims of cyber intrusion
> 2015: At least 429 million exposed identities through nine megabreaches
> 2017: Global security market increased to ~$120 billion from $63 billion in 2011
> 2018: Security Week reports cybercrime costs $600 BILLION annually

Next week we'll dig deeper into who's being targeted, what industries, and TTPs utilized by threat actors. See you next week!

Resources:
https://www.symantec.com/security-center/threat-report
https://www.securityweek.com/global-cybercrime-costs-600-billion-annually-study


Very Respectfully,
Leonard Kelley