cyber security

Proportionality of cyber crime vulnerability to our Digital footprint

Proportionality of cyber crime vulnerability to our Digital footprint

Cyber safety and data tracking

Oblivious to the breadcrumbs of personal information being left behind in the online data sources, individuals fall prey to various online data theft. Such sources include social media profiles.

Commonly, data tracking is made possible by cookies on websites and default permissions setup for mobile applications installed. Website associated cookies may be required for its basic functioning and for quick subsequent access by remembering user details, but often they also have third party cookies for user tracking to improve experience. While third party cookies help deliver relevant content, they also gather personal data and preferences. Unnecessary permissions to access data on phones may provide certain mobile applications free access to user’s data.

Data breaches (e.g.- Twitter data breach in December 2021) have been a regular event despite the increased vigilance against cyber-attacks and have caused large databases vulnerable to theft and sale to interested unauthorised parties who then can misuse such data for stalking, misinformation and other targeted attacks on individuals and companies.

 
Truth Labs has examined cases involving hacking, blackmail by falsification or manipulation of data procured with unconsented access from devices of individuals, not surprisingly by persons very close to them with intentions of misuse.Truth Labs has examined cases of email phishing in organizations that suffer significant loss due to bank transaction frauds where money was transferred to foreign accounts by way of data and communication manipulation.Truth Labs has also examined cases of ransom-ware attacks, where root cause analysis indicated email phishing and weak password hacking resulting in network compromise
Cyber Crime : Current and Emerging Threats

Cyber Crime : Current and Emerging Threats

Protecting your identity online from cyber crime

All over the world, societies are increasingly reliant on the identification information. Identity-related information about individuals is used e.g. for banking, shopping, traveling, and collecting social assistance. Increasingly, such information also includes biometric information. The more our society becomes computerized, the more avenues are open for cyber crime to exploit the vulnerabilities of those systems to commit identity-related crimes, which generate significant profits for criminals each year, with a far-reaching impact not only on economies and online commerce but also on individuals who fall victim to it. Where identity-related information is obtained by criminals, it can be abused to launder money,  commit fraud and enable illicit activities for organized crime purposes, including acts of corruption, human trafficking, migrant smuggling, and even terrorism.

Millions of dollars can be stolen using false identification either in highly sophisticated single events or through millions of smaller incidents. In the hands of unscrupulous criminals, these illegally derived profits can be used to commit further crimes.

Law enforcement agencies and cybersecurity professionals are constantly working to develop innovative solutions to prevent and mitigate cybercrime. However, it’s a collective responsibility to stay vigilant and protect our personal information to minimize the risks.

Remember, by staying informed, practicing good cybersecurity hygiene, and seeking assistance from experts when needed, we can all contribute to creating a safer online environment.

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