Friday, August 23, 2019, 2:49 PM
Phishing is the most common way to steal information
Cybercriminals have taken to phishing as the most common way to steal information, through increased sophistication and well-crafted emails, according to a report prepared jointly by consultancy EY and industry body FICCI. Malware attacks on mobile devices come next on the list as they allow quick getaways, the report says. Customer information, financial data and strategic plans of companies are the three most valuable pieces of information coveted by cybercriminals, according to the report titled ‘Innovation-led cyber crime management’. India ranks among the top five globally for the most high-profile cyber-attacks, with more than 90% of hackers under the age of 35, out of which 58% are self-taught, which means technical education is not relevant, the report points out.