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Hackers-for-hire are biggest cybersecurity threat -EU agency

Hackers-for-hire are biggest cybersecurity threat -EU agency
Hackers-for-hire are biggest cybersecurity threat -EU agency   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p>By Foo Yun Chee</p> <p><span class="caps">BRUSSELS</span> – Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, with the <span class="caps">COVID</span>-19 pandemic and home working creating opportunities for cybercriminals, EU cybersecurity agency <span class="caps">ENISA</span> said in its annual report on Wednesday.</p> <p>The study, which covered the period April 2020 to July 2021, seeks to help governments and companies understand cybersecurity threats and develop techniques to tackle the problem.</p> <p>High profile ransomware attacks in recent months include that against the Colonial Pipeline that caused fuel disruptions in the eastern United States in May, and a separate case involving Brazilian company <span class="caps">JBS</span> SA, the world’s largest meatpacker.</p> <p>“The <span class="caps">COVID</span>-19 crisis has created possibilities for adversaries who used the pandemic as a dominant lure in campaigns for email attacks for instance. Monetisation appears to be the main driver of such activities,” the report said.</p> <p>The health sector was a significant target especially in the May-July period this year as hackers searched for vaccine information, the study said. </p> <p>Public administration and government and digital service providers also reported a large number of incidents. Hackers preferred to be paid off in cryptocurrency.</p> <p>Other growing cyber threats cited in the report include cryptojacking where a criminal uses a victim’s computing power to generate cryptocurrency and which reached a record high in the first quarter of this year, and misinformation and disinformation.</p> <p/> </div>