Last year was a banner year for cyber fraud. In just the first six months of 2019, more than 3,800 breaches exposed 4.1 billion records, with 3.2 billion of those records exposed by just eight breaches. The scale of last year’s data breaches underscores the fact that identity has become the currency of the digital world and data is the fuel that powers the digital economy. What’s also clear looking back on 2019 is that digital identities are continually being compromised on multiple levels.
The European Union faces the same formidable increase in cyber attacks perpetrated by adversaries with improved scope and sophistication as the United States—but comes up against issues compounded by disparate national laws and cybersecurity expertise, experts say.
...When website spoofers do deceive-especially when the legitimate sites belong to the U.S. military. Untold damage could result should hackers glean crucial data, whether it involves service personnel, missions or daily operations. Earlier in the year, the U.S. Air Force faced this very scenario when its portal was spoofed. The best defense, in addition to the 24/7 protection provided by military cyberspace operators worldwide, is vigilance by every service member from the top echelons all the way down.
Cybercrime legislation should be technology agnostic to ensure technological advances do not make the laws obsolete, says James A. Baker, deputy attorney general for the U.S. Justice Department. Baker testified before the Senate Judiciary Committee during a September 7 hearing on updating the Computer Fraud and Abuse Act to combat emerging cyberthreats.