Online Trust Alliance Reports Doubling of Cyber Incidents in 2017
An annual analysis by the Online Trust Alliance (OTA) found that cyber incidents targeting businesses nearly doubled over the last year from 82,000 in 2016 to 159,700 in 2017. Since the majority of cyber incidents are never reported, OTA believes the actual number in 2017 could easily exceed 350,000.
In the report, OTA analyzes data breaches, ransomware targeting businesses, business email compromise (BEC), distributed denial of service attacks (DDoS), and takeover of critical infrastructure and physical systems over the course of a year. It highlights the Internet Society’s concerns around how large-scale data breaches, uncertainties about how data is being used, cybercrime and other online threats are impacting Internet users’ trust in the Internet.