The prevalence and severity of cyber attacks are increasing at an alarming rate every year. So much so, that statistics from Cybersecurity Ventures estimate that cybercrime will cost the global economy a colossal $6 trillion per year by 2021.
The latest data from Center for Strategic and International Studies (CSIS )to discover which countries across the world have experienced the most cyber attacks classified as significant between May 2006 – June 2020.
Significant cyber attacks are defined as cyber attacks on a country’s government agencies, defense and high-tech companies, or economic crimes with losses equating to more than a million dollars.
One of the most recent (May 2020) breaches aimed towards the USA has been brought to light by the National Security Agency (NSA), who found that Russian hackers are exploiting a bug in a commonly used email server to infiltrate sensitive data from American organisations.
In second position is the United Kingdom.
The UK has seen 47 cyber attackscategorised as significantsince May 2006 to June 2020. One of the 47 incidents was the large-scale cyber attack deployed across the Labour Party’s digital platforms during the 2019 general election.
Darren James, a Cyber Security Expert from Specops Software commented: “No one can rest on their laurels when it comes to cyber security. This research highlights the frequency of cyber attacks which have devastatingly affected key political, social and economic institutions within different countries. Whilst some countries have had to deal with more cyber attacks classified as significant than others, it’s an important reminder for those in notable positions of power the role they can play in providing the public sufficient and continual governance on what online best practices they can implement to prevent their IT estate from being exploited by opportunistic cyber criminals”.