COVID-19 & Cybercrime

An INTERPOL assessment of the impact of COVID-19 on cybercrime has shown a significant target shift from individuals and small businesses to major corporations, governments and critical infrastructure.

With organizations and businesses rapidly deploying remote systems and networks to support staff working from home, criminals are also taking advantage of increased security vulnerabilities to steal data, generate profits and cause disruption.

In one four-month period (January to April) some 907,000 spam messages, 737 incidents related to malware and 48,000 malicious URLs – all related to COVID-19 – were detected by one of INTERPOL’s private sector partners.

“Cybercriminals are developing and boosting their attacks at an alarming pace, exploiting the fear and uncertainty caused by the unstable social and economic situation created by COVID-19.”Jürgen Stock, INTERPOL Secretary General

“The increased online dependency for people around the world, is also creating new opportunities, with many businesses and individuals not ensuring their cyber defences are up to date.

“The report’s findings again underline the need for closer public-private sector cooperation if we are to effectively tackle the threat COVID-19 also poses to our cyber health,” concluded the INTERPOL Chief.

Key findings highlighted by the INTERPOL assessment of the cybercrime landscape in relation to the COVID-19 pandemic  COVID-19 Cybercrime Analysis Report – August 2020

 

FFC: Fraud and Financial Crime Consulting Ltd

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