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Score | 58
Tolu Wade Senior Software Engineer | Cybersecurity Expert @ FiatMatch Inc
Toronto, Canada
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3298
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In Technology 2 min read
4️⃣ Hacking facts / How they impact you ⚠️
<span class="html-content"> <p>🕯 One of the top most expensive viruses to date has been “MyDoom Virus”, It is an email worm, which gave malicious hackers remote access and control over devices or systems to carry out other forms of attack like (Distributed Denial of Service) “DDoS” attack. MyDoom is estimated to have caused $38.5 billion worth of damage worldwide.</p> <p>🕯 The response time to attacks is atrociously long. The average time to discover a malicious or criminal attack was 170 days. There has also been a 376 percent increase in the number of cyber attacks and a 96 percent increase (since 2020) in the average annualized cost of attacks. In addition to this, 68 percent of funds lost during an attack are unrecoverable and The worldwide information security market is forecast to reach $170.4 billion in 2022.</p> <p>🕯 In 2016, Uber reported that some hackers stole the data of over 57million Drivers and Riders on their platform, they also tried to pay the hackers to delete the stolen data and keep the breach quiet. More than 77% of organizations do not have an incident response plan. Cos on average, every employee has access to at least 11million files.<br></p> <p>🕯 With 1.6 billion internet users worldwide more than 64 percent of all social media users have become a prime target for hackers. 1 in 10 social media users said they've been hacked, and more than 600,000 Facebook accounts are compromised every day. In 2020, a Twitter breach targeted 130 accounts, including those of past presidents and Elon Musk, resulting in attackers swindling $121,000 in Bitcoin through nearly 300 transactions. </p> </span>

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