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Security & Strategic Review - May 2017 (ISSN 1741-4202)

Cybercrime: too many open doors

The battle between cybercrime – the use of information technology (IT) for criminal purposes and cybersecurity – and the attempt to prevent such use came sharply into focus on 12 May when computer systems around the world were attacked by a powerful ransomware virus. At first glance Latin America and the Caribbean (LAC) was largely bypassed by the onslaught, which was particularly intense in Europe, where the UK’s National Health Service (NHS) and large Spanish companies such as Telefónica and Gas Natural were severely affected. But closer analysis shows three things: first, that the region was definitely involved; second, that cybercrime is well established in LAC; and third, that local IT systems remain dangerously vulnerable.

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