Sberbank says hacker attacks double, 4% of industry digitalized - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Sberbank says hacker attacks double, 4% of industry digitalized

MOSCOW, Jul 6 (PRIME) -- Digitization of the Russian economy is only fully completed in 4% of industries, while the number of successful hacker attacks doubles every year and companiesТ spending on cybersecurity will skyrocket by 14 times in the next few years, German Gref, head of Sberbank, the countryТs biggest bank, said on Friday.

УLooking at all the industries, about 4% of them are fully digitized, and 96% are yet to be turned digital,Ф Gref said at the International Cybersecurity Congress.

The number of cyberattacks doubled in 2017 on the year despite constant growth of companiesТ expenses on cybersecurity.

УSpending on cybersecurity by 2021 will reach about U.S. $1 trillion. The number of attacks and successful assaults is invariably rising, doubling every year regardless of growing cybersecurity costs,Ф Gref said.

SberbankТs chief said earlier that the bank sees two key problems in cybercrime, which are social engineering and phishing. The most urgent issue is to teach people cybersecurity.

Gref also said that the cybersecurity industry will lack some 2 million specialists all over the world by 2022, and this problem could be solved with the application of the artificial intelligence technology.

Sberbank Deputy Chairman Stanislav Kuznetsov said earlier that damage to the Russian economy from cybercriminals could amount to 1.1 trillion rubles in 2018 and $1.5 trillion to the global economy.

(63.2604 rubles Ц U.S. $1)

End

06.07.2018 12:11
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.6068 +0.0516 19 jul
USD 62.8286 -0.1165 19 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1349.76 -0.87 18:50 18 jul
micex 2702.59 -0.39 18:50 18 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 218.30 -0.86 18:49 18 jul
lkoh 5166.00 -0.77 18:49 18 jul
rosn 417.00 -0.97 18:48 18 jul
sber 234.78 +0.06 18:49 18 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.4400 +0.0300 14:59 18 jul
USDTD 63.0300 +0.1575 17:44 18 jul