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Cyber attacks rise 35%, as cross-border transactions targeted: Report

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A report by U.S.-based security solutions provider ThreatMetrix Inc. has said that cyber attacks increased 35% year over year in the Asia Pacific region in the last quarter of 2016, iTWire reported. Most of these attacks originated from Australia, India, China and Singapore. "In particular, cross-border transactions are being regularly targeted by fraudsters in this region, and businesses are looking for more sophisticated ways to accurately identify genuine users versus cyber criminals in real time," said Pascal Podvin, senior vice-president of field operations at ThreatMetrix.

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