Results and forecasts: Group-IB presented Hi-Tech Crime Trends 2017 reportSecurity Affairs

Hi-Tech Crime Trends 2017 – Banks, powerstations and cryptocyrrency exchanges are forecast to be the most likely targets for hacking in the near futureGroup-IB, one of the global leaders in preventing and investigating high-tech crimes and online fraud, presented its Hi-Tech Crime Trends 2017 report at CyberCrimeCon,

In the next year, the main source of losses for banks from cyber-attacks will not be theft of money, but destruction of their IT infrastructure during the final stages of a targeted attack. Banks used to be attacked by cybercriminals. Today, state-backed hackers are also doing this much more frequently. By destroying IT infrastructure cybercriminals will attempt to cover their tracks during thefts, while the aim of state-sponsored hackers will be to maximize the damage to banks and discontinue banking operations. In both cases, the damage done to banks may be even greater than the amount of funds stolen due to service interruptions and the resulting reputational and regulatory impact.



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