Cybersecurity

Scary Cybersecurity Month Facts for Halloween

October 26, 2021

October is National Cybersecurity Awareness Month, a joint initiative of the Cybersecurity and Infrastructure Security Agency (CISA) and the National Cyber Security Alliance.

October is National Cybersecurity Awareness Month, a joint initiative of the Cybersecurity and Infrastructure Security Agency (CISA) and the National Cyber Security Alliance. The goal is to raise awareness about the importance of cybersecurity across the United States and help people and organizations become safer online. This year, we are marking the occasion with a look at some genuinely alarming facts about cybercrime. If you are not already taking digital security seriously, these may change your mind.

The Colonial Pipeline Attack and Its Real-World Consequences.

In May 2021, a ransomware attack forced the temporary closure of a major U.S. fuel pipeline that supplies a significant portion of the country's gasoline, diesel, and jet fuel. The result was panic buying, gas shortages across multiple Southeastern states, and a sharp spike in fuel prices. This attack illustrated that cyber threats are not limited to data theft. They can disrupt physical infrastructure and affect millions of people's daily lives.

FBI Internet Crime Losses Exceeded $4.1 Billion in 2020.

The FBI's Internet Crime Complaint Center (IC3) received reports of internet crime losses exceeding $4.1 billion in 2020 alone. That figure represents only the crimes that were reported. The actual losses are almost certainly higher.

Phishing Losses Surpassed $54 Million.

Phishing scams accounted for adjusted losses of more than $54 million in 2020, according to the same FBI report. Phishing remains one of the most effective and widely used attack methods because it targets human judgment rather than technical systems.

Older Adults Are Disproportionately Targeted.

The IC3 received over 105,000 complaints from victims over the age of 60 in 2020, with total losses exceeding $966 million. Cybercriminals specifically target older adults because they may have accumulated more wealth and may be less familiar with the technology they use daily.

A Water Treatment Plant Was Remotely Attacked.

In February 2021, a hacker remotely accessed the control systems of a water treatment plant in Oldsmar, Florida, and briefly increased the concentration of lye in the water supply to potentially dangerous levels. Operators caught the change and reversed it in time. Had they not, the attack could have poisoned hundreds or thousands of people.

COVID-19 Relief Fraud Was Widespread.

The IC3 received thousands of complaints related to fraud targeting pandemic relief programs, including unemployment insurance, Paycheck Protection Program loans, and Small Business Economic Injury Disaster Loans. Criminals moved quickly to exploit the urgency and confusion of the crisis.

Email System Vulnerabilities Triggered Tens of Thousands of Attacks.

In March 2021, multiple software vulnerabilities were discovered in a widely used email management platform. Once those vulnerabilities became publicly known, attackers launched tens of thousands of attacks targeting organizations around the world that ran the affected software. The window between public disclosure and widespread exploitation was extremely short.

Online Shopping and Internet Fraud Rank in the Top Three.

According to the FTC's Consumer Sentinel Network Data Book, online shopping fraud and internet services fraud consistently rank among the top categories for consumer financial losses. Every day, consumers lose money to counterfeit products, fake storefronts, and deceptive subscription traps.

Cybersecurity Affects Everyone.

These facts are not meant to frighten, but to inform. Whether at home, at school, or at work, a commitment to basic cybersecurity practices pays back the time and effort you put into it. The team at Cyber One Solutions is here to help organizations at every level build stronger defenses. Contact us today to schedule a cybersecurity assessment.