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Unauthorized attempt which could expose your personal data defines cyber-attack. It could include installing spyware or phone tapping without your permission. With the increase in cyber-crimes, we witnessed some major cyber-attacks in 2020.

Common Cyber Attacks In 2020

SolarWinds

SolarWinds was one of the most talked cyber-attack. Eminent companies like Microsoft etc. were also affected by it. The server that gives access to updates of SolarWinds was compromised and thus attacked. This code allowed information modification.

Twitter

Apart from this Twitter was also in the news lately. It was observed that fraudulent information regarding bitcoin was posted. The user apparently asked the twitter account holders for Bitcoin and through this received more than $100,000. Bill Gates, Elon Musk, Kanye West etc. were some of the famous personalities that were targeted. 

Marriott

You think your data is safe with hotels? Well data of almost 5.2 million guests of Marriott were accessed. Marriott is one of the most eminent hotels throughout the world. The information included the name, birth date, phone number, address etc. 

Zoom

Zoom was another such application that was attacked by hackers. Government also released the statement that zoom was not safe to use. Also, zoom codes were not so hard to crack so anyone could join in the meeting and get access to all the confidential data of the company. However, zoom has now hired an intelligence firm to look over the safety.

Greek Banking System

All of us have heard about the Greek Banking System. A Greek travel site was hacked due to which a lot of debit and credit cards were cancelled by the 4 main banks of Greece due to security protocols. A few customers were also charged with undesirable transactions. This website was a travel website and was used to book tickets etc.

MGM

MGM was another travel related incident that was exposed to cyber-crime. Personal data of around 10.6 million guests was at risk. MGM resort is a global entertainment company accompanied by resorts and casinos. Information of Famous personalities like Justin Bieber, Jeff Bezos was also at risk. 

Finastra, was also attacked by a ransomware in which it was temporarily disconnected and thus affected servers from the internet. Though there is no evidence that the data of the employees were exfiltrated it did disrupt the operations.

Let’s Take a Look At The Statistics

Today, cybercrime has affected more than 50% of businesses. Human errors are responsible for 95% of it. It is a shame but only 5% of company’s folders are the ones which are properly protected. There were 11,762 cases  Between  January 1, 2005, and May 31, 2020

It is seen that in the first half of 2019, attacks on IoT devices have tripled. A whopping amount of $3.92 million has cost enterprises due to data breaches. Due to COVID, cybercrime has increased up to 600%.

To conclude we can say that  cyber-crime is a punishable offence. There are several laws against it. By being a little more attentive we can help in stopping the spread of cyber-crime. Cyber-crime violates basic human laws too. It is time, let us take a stand against it.

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