Interpol warns of 'alarming' cybercrime rate during COVID-19 pandemic

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LYON, France: Global police body Interpol warned on Monday (Aug 3) of an "alarming" rate of cybercrime during the coronavirus pandemic, with criminals taking advantage of people working from home to target major institutions.

An assessment by the Lyon-based organisation found a "significant target shift" by criminals from individuals and small businesses to major corporations, governments and critical infrastructure.

"Cybercriminals are developing and boosting their attacks at an alarming pace, exploiting the fear and uncertainty caused by the unstable social and economic situation created by COVID-19," said Interpol Secretary General Juergen Stock.

"The increased online dependency for people around the world is also creating new opportunities, with many businesses and individuals not ensuring their cyberdefences are up to date," he added.

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