Unbridled Cybercrime

TL;DR

State institutions and companies in Serbia, such as the Ministry of Justice, EPS, and Telekom, have recently been targets of cyberattacks.
These attacks have caused reputational damage, financial losses, and compromised the privacy of clients and users.
The advancement of artificial intelligence and other technologies is enabling more sophisticated cybercrimes.
Global telecommunications companies like AT&T, SK Telecom, Orange, Bouygues Telecom, and Odido have also experienced significant data breaches.
Other organizations like PayPal, IDMerit, Qantas Airways, ManageMyHealth, Dior, UniCredit bank, Schneider Electric, and Tesla Motors have also been victims of cyberattacks.
The average time for attackers to compromise data has significantly decreased, with some attacks taking as little as 29 minutes.
Global cybercrime is projected to cost $10.5 trillion this year, underscoring the need for stronger cybersecurity measures.
Serbia plans to build three new state data centers, and many private companies are also expanding their data center capabilities.
Beyond infrastructure, enhanced knowledge and awareness are crucial in combating cybercriminals and protecting user privacy.

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