We close out the year 2015 with the knowledge that even the hallowed British Broadcasting Corporation cannot keep its website safe from hackers and script kiddies (https://www.bbc.co.uk/news/technology-35204915). The world's oldest and largest broadcasting corporation blessed with a heavy online presence to compliment its long existing radio and TV stations was today left reeling from a DDoS attack. No matter how big, or successful your organization the threat of an embarrassing and destructive distributed denial of service attack forever lurks in the background.
In the (alleged) words of von Bismarck “Only a fool learns from his own mistakes. The wise man learns from the mistakes of others.” With that in mind here is a recap of what happened in 2015.
In the (alleged) words of von Bismarck “Only a fool learns from his own mistakes. The wise man learns from the mistakes of others.” With that in mind here is a recap of what happened in 2015.
The Ross Ulbricht Trial
The trial of Ross Ulbricht reminded us of the permanence of online communications whilst exemplifying how hazardous it is to use your real name online when not necessary (especially when doing something illegal).
Personal information is a much undervalued currency. It should be treasured and valued, even more so than fiat money. It is usually in your best interests to withhold information. Readers should not be afraid to use an alias, a dummy DOB and location.
Nigerian Cyber Crime Market Dwarfs Cyber Security Expenditure in Africa
The Nigerian cyber-crime industry is estimated at $9.3 billion.
By comparison cyber-security expenditure for the entire African continent is currently just $930 million.
The World's Biggest Banks are struggling to keep customer data safe
80 million clients' data stolen from one of NYC's biggest and most famous banks.
Major Financial News Outlets are struggling too
Business Wire, Marketwired and PR Newswire LLC's failure to protect their information from the clutches of hackers allowed a group of criminals to make $100 million.
A lack of qualified personnel has pushed cyber-security salaries sky-high
Daily news of data breaches fuels cyber security personnel salary boom.
Yahoo hacked
Hackers took advantage of Yahoo's reliance Adobe Flash's inherently insecure framework.
Hotels continue to prove profitable for hackers
Starwood hotels joined the list of hospitality companies that have fallen victim to hackers.
Nigeria's Vice President isn't safe from hackers
The current Vice President of Nigeria, Prof. Yemi Osinbajo is alleged to have lost N8 million to undergraduate computer hackers.
Germany's Chancellor has been hacked too
Hackers used the Chancellor's computer as the entry point through which to infect a further 20,000 German government machines.
Nigerian Federal Government websites have been exploited by hackers
Financial Reporting Council of Nigeria website used by cyber criminals to engage in a phishing expedition.
Nigerians are disproportionately plagued by malware
Nigerians rank third on the global list of those victimized by mobile malware.
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