Chapter 7. Security Testing
A chain is only as strong as its weakest link.
âThomas Reid, Essays on the Intellectual Powers of Man (1786)
We live in a world where we are more susceptible to cybercrimes than ever beforeâespecially when we have social media accounts! Cybercrime is an umbrella term referring to all the illegal activities that can be performed with a computer and a network, including financial theft, theft of private assets such as sales documents and research reports, exploitation of sensitive information such as an individualâs biological data, and more. Cybersecurity experts estimate that by 2025 the annual global cost of cybercrime (including both direct and indirect costs to its victims) will reach $10.5 trillion, up from an estimated $6 trillion in 2021. Social mediaâenabled cybercrimes account for the lionâs share of this, with a 2019 study estimating global annual revenues for the perpetrators of $3.25 billion. These are unquestionably huge amounts, and sadly, the spoils may include some of our and our friendsâ hard-earned money!
The numbers imply that cybercrimes are far more prevalent than one might imagine. As FigureÂ 7-1 shows, daily news reports also provide proof that cybercrimes are not restricted just to banking or social media sites, but extend to all kinds ...
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