Author Topic: Bots: Biggest player on the cybercrime block  (Read 20 times)

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Offline Scarlett

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Bots: Biggest player on the cybercrime block
« Reply #1 on: March 09, 2017, 04:07:35 PM »
Bots: Biggest player on the cybercrime block
9 March 2017, 2:24 pm

In the world of cybercrime, ransomware and DDoS attacks had the highest profile by far during the past year. There was an entire day devoted to a ransomware “summit” at the recent RSA conference in San Francisco.

But when it comes to money being lost (and made), bot fraud is king – by a lot.

Most estimates of losses in the US from ransomware during 2016 were in the $1 billion range. By contrast, a study published in January 2016 by White Ops and the Association of National Advertisers (ANA) titled “Bot Baseline: Fraud in Digital Advertising,” estimated global losses in 2016 would be $7.2 billion.

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Source: Network World Security

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