A lot of people talk about the increasing frequency and intensity of cyber attacks these days. Something people aren’t talking about enough is the difference between one type of cyber attack vs another. I’m always hearing “Company X has been hacked!” and yet not one seems to go into specifics.
If I asked you “Are cyber attacks which target finances on the rise? or are they on the decline?” I’d bet that the majority of you would say that these attacks are on the rise, and for good reason. More and more the media has been covering cyber attacks because the general public is more invested into technology than ever before. As of January 2014, 58% of Americans have a smart phone. More people now have smart phones than those who don’t in the United States. That is amazing. So, I think it’s time people start to look at what the cyber attacks are doing.
Financial attacks are on the decline since 2014. Why? It’s probably a mix of several reasons: Shift of focus by the hackers, better security and law enforcement, large focus attacks are shifting to be more important than small spread attacks.
No matter the reasons, we should be thinking about this. If we don’t understand why a certain trend in computer security is happening then how can we possibly expect to prevent it?