Entries with tag caribbean.

Report: Cybercrime Rising in Caribbean, Latin America

New research shows cybercrime is increasing in the Caribbean and Latin America, with the number of incidents reported in regional countries up by as much as 40 percent. The new report, in which security vendor Trend Micro , compared statistics from 2011 and 2012, for the Organization of American States (OAS), suggests the percentages may actually be low because of a lack of reporting or inadequate detection of problems. Critical infrastructure, industrial control systems, and financial institutions are frequent targets of attacks in the Caribbean and Latin America. Trend Micro contends the traditional organized crime syndicates are responsible for creating sophisticated cybercrime tools used in these attacks. The report also finds hacktivism, attacking sites in the name of promulgating a particular cause, on the rise; Mexico alone saw a 40 percent increase in such attacks, particularly during the presidential election campaign. Trend Micro worked on the study with the OAS’s Secretariat for Multidimensional Security. They invited all 32 OAS member states to participate, but only 20 responded. Despite the overall upward cybercrime trend, Chile and Columbia reportedly saw fewer attacks in 2012. (Dark Reading)(ZDNet)(Trend Micro)

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