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Information Technology

Sneha R from BBA C sec presented on current cybercrime trends. The presentation began with discussing the 2014 Sony Pictures hack carried out by the Guardians of Peace group in response to Sony's film "The Interview" depicting the assassination of Kim Jong Un. Common current cybercrime trends discussed included [1] pandemic-related phishing scams increasing, with Google blocking 18 million per day, [2] mobile malware particularly affecting Iran, Bangladesh and Algeria, and [3] the growing threat of cryptojacking malware that infects systems to mine cryptocurrency without permission. The conclusion emphasized that while technology provides opportunities, it also enables more advanced cybercrime that everyone must be vigilant against.

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0% found this document useful (0 votes)
58 views3 pages

Information Technology

Sneha R from BBA C sec presented on current cybercrime trends. The presentation began with discussing the 2014 Sony Pictures hack carried out by the Guardians of Peace group in response to Sony's film "The Interview" depicting the assassination of Kim Jong Un. Common current cybercrime trends discussed included [1] pandemic-related phishing scams increasing, with Google blocking 18 million per day, [2] mobile malware particularly affecting Iran, Bangladesh and Algeria, and [3] the growing threat of cryptojacking malware that infects systems to mine cryptocurrency without permission. The conclusion emphasized that while technology provides opportunities, it also enables more advanced cybercrime that everyone must be vigilant against.

Uploaded by

asmrmadhavan
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CYBER CRIME PRESENTATION

Good evening everyone, I am Sneha R from BBA C sec and I’ll be explaining the current trends
in cybercrimes all around the world.

To start it off, let me tell you a kind of an interesting story, I’m sure most of us are aware of the
name SONY PICTURES. The same sony pictures who are home to the spider-man series,
jumanji, the angry birds movie, Godzilla and many more.
So in the late November 2014, there was a leak of confidential data from the film studio of sony
pictures.. Information about sony pictures employees, their emails, copies of the then unreleased
sony pictures, future propositions and other crucial data were leaked.
This cyber attack was carried out by a hacker group named ‘GUARDIANS OF PEACE’ SO
what exactly did they want ?
They demanded that sony withdraw its then- upcoming movie THE INTERVIEW. This movie
was a comedy story line to assasinate the north korean leader KIM JONG UN .
SOny then decided to cancel the theatrical release due to the threats at cinemas screening the
movie. It is indeed hard to trace back the roots for the cyber attack
In this case, after evaluations the US intelligence officials arrived at the theory that the attack
was in a way related to the govt of NORTH KOREA however north korea denied the same.
This whole incident has been considered as one of the biggest cyber attacks of all time.
Now this takes me to my topic which is : TRENDS IN CYBERCRIME
We already know what cyber crime is : simply it is a broad term that describes criminal activity
that uses computers or computer networks as a tool or target.
So what are the latest ones which has kept the whole world in a havoc ?

1) Pandemic-related phishing
Recently, it became a critical issue again because of Covid-19. Cybercriminals have been using
the pandemic narrative to peddle fear and con individuals to provide them access to sensitive
information. One example was recorded in the UK. Elderly people received emails and calls that
promised them Covid-19 vaccination as long as they provide the data that the email sender or
caller asked (Infosec, 2021). Another mode of phishing related to the pandemic is a common
one. Email recipients would be led to click on links that supposedly offered health advice or
policies for remote workers. The phishing threat has reached an all-new level. Google’s Threat
Analysis Group shared that they blocked 18 million Covid-19 themed emails that contained
phishing links and malware downloads per day

2. MOBILE MALWARE

In the third quarter of 2020, Iran, Bangladesh, and Algeria topped the list of countries with the
most mobile malware attacks. The report shows that 30.29% of mobile users in Iran experienced
a mobile malware attack. Last 2020, the Microsoft 365 Defender Research Team uncovered a
new Android malware, which was the latest evolution of mobile ransomware and also much
more sophisticated than its predecessors. This malware fully disabled the use of Android devices
and forced individuals to pay the ransom to gain back control (Microsoft, 2020). Solution -
Beware of the websites they visit, files they download etc..

3. CRYPTOJACKING

Cryptojacking is threatening ransomware’s position as the most dangerous form of a cyber


attack. Malware developed to infect systems to mine for cryptocurrency, cryptojacking is
replacing ransomware on the watchlist of cybersecurity analysts. Several studies also show that
most recent malware attacks today are designed specifically for cryptojacking, where the
malware infects a system with malicious code and then uses its CPU to mine for cryptocurrency.

CONCLUSION

There are two sides to cyberspace. Cyberspace is a great place for commerce, societal
advancement, and innovation. However, the same place harbors hooks who are ready to pounce
any chance they get. Advanced technology and systems give an edge to businesses and
organizations, but it means newer and more advanced methods for cybercriminals to attack too,
leading to a marked increase in dangerous cybercrime trends. Bigger organizations have deeper
pockets for more advanced security tools to face cyber threats, but small business enterprises are
not always so lucky. Thus, staying aware and vigilant at all times can go a long way in
preventing these cyberattacks from occurring.

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