The Indian Express (Delhi Edition)

‘Internet users lose `32,400 per cyber attack’

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Internet users lost about `32,400 ($476) on an average to cyber attacks, according to a study by security software firm Kaspersky Lab. However, with many cases going unreported, the true economic cost is likely to be significan­tly higher

of internet users who lost money at the hands of cybercrimi­nals have only got some, or none, of their stolen funds back

and sophistica­tion of online financial threats against consumers growing, losses from online fraud, identity theft and hacking are now running at billions a year, the report added

WITH THE VARIETY

one-in-ten people surveyed said they lost more than $5,000

ON AVERAGE,

of respondent­s said they conduct financial operations online (81%) and just under half (44%) store financial data on their connected devices

MAJORITY

go online to manage their finances, more cybercrimi­nals are looking for opportunit­ies to cash in, making it important for users to have robust Internet security in place to protect themselves and their money.

AS MORE USERS

respondent­s said they protect all their devices

FINANCIAL CYBERCRIME

without any problem, but as the survey shows, 52% of people affected have not had all their stolen money returned

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