Compare And Contrast Computer Attack And Abuse Tactics: Computer Fraud And Cybersecurity Assignment, MU, Australia

University Monash University
Subject Computer Fraud And Cybersecurity

Learning Objectives

1. Compare and contrast computer attack and abuse tactics

2. Explain how social engineering techniques are used to gain physical or logical access to computer resources

3. Describe the different types of malware used to harm computers

Impact of COVID-19 on Cybersecurity

1. The coronavirus pandemic has created new challenges for businesses as they adapt to an operating model in which working from home has become the new normal

2. Companies are accelerating their digital transformation, and cybersecurity is now a major concern

– 47% of individuals fall for a phishing scam while working at home
– The average cost of a data breach resulting from remote working can be as much as $137,000

– On July 8th, the City of London Police reported that since January 2020 more than GBP 11 million have been lost due to COVID-19 scams

3. The cyber threat landscape is diverse

– Malicious employees working from home with less supervision and fewer technical controls; cybercriminals recognize vulnerabilities; the activities of hacktivists (hackers fighting for social and political issues); script kiddies (‘junior’ hackers with less technical skills)

4. The reputational, operational, legal and compliance implications could be considerable if cybersecurity risks are neglected

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