A recent report by EY on '$4 Incidents in India' tells how hackers are making use of social media, turning into one of the biggest risk zones for cyber attacks.
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Around 90% of the 160 top executives who took part in the survey, responded that social media platforms are a major source of cyber attacks.
"Employees post extensive details regarding their work profile on social networking websites. These social media platforms act as goldmines for cyber criminals to identify and target key individuals for a successful breach," the report stated.
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It also highlighted the fact that employees with low awareness of social media risks prove to be weak links in the organisation and are more vulnerable to hacks.
Talking of sectors, the sectors most affected by cyber crime are financial services, followed by technology, media and telecommunication sectors.
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