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Cybercrime on the rise in LATAM, Caribbean

Wednesday 8 May 2013 11:31 CET | News

Due to a poor cybercrime protection and lack of awareness, in Latin American and the Caribbean, cybercrime is on the way up, recent statistics indicate.

According to data released by Trend Micro, a provider of cloud security, incidents have increased in the countries between 8 and 40 percent in every category of threat in 2012, with hacktivism, attacks on online banks and infrastructure being the most commom ones. The same source points out that conventional file infector malware was a major issue in the region.

Results show that native organised criminals (as opposed to Eastern European gangs) also seem to booting up quite successfully, tailoring attack methods to the particular weaknesses found in different countries. This includes gangs that develop their own crime ware kits.

Protection for Industrial Control Systems (ICS) is also a worry with many internet-facing systems open to attack. Trend itself has recorded 39 attacks on infrastructure systems in the region in a single month during 2012, 12 of which it classified as automated, repeated and targeted.

The survey gathers data from 20 out of 32 Organization of American States (OAS).
 


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Keywords: Latin America, Caribbean, cybercrime, online fraud
Categories: Fraud & Financial Crime
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Countries: World
This article is part of category

Fraud & Financial Crime






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