20 Feb $16 Billion Worth of Personal Data Stolen by Hackers in 2017
A recent study from Javelin Strategy and Research revealed that cybercriminals have stolen personal data amounting to around $16.8 billion in the last year alone.
The number of victims were seen to have increased 8% from 2016. One contributing reason for this is the increased sophistication in techniques and technologies employed by fraudsters.
It was also said that the Equifax breach, and the WannaCry, GoldenEye/Petya contagion may have helped compound the problem since cyber criminals can use the stolen data to craft more convincing phishing campaigns.
Source: Windows Report