Datastream

The Most Significant Cyber Attacks from 2006-2020, by Country

Published

9 months ago

May 10, 2021

Carmen Ang

Significant Cyber Attacks

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The Briefing

From 2006 to 2020, the U.S. experienced 156 significant cyber attacks—more than the UK, India, and Germany combined
A “significant” cyber attack refers to a hack into a country’s government agency, a defense or high-tech company, or a crime with losses of more than $1M

Significant Cyber Attacks from 2006-2020, by Country

Committing a cyber crime can have serious consequences. In the U.S., a cyber criminal can receive up to 20 years in prison for hacking into a government institution if it compromises national security.

Yet, despite the consequences, cyber criminals continue to wreak havoc across the globe. But some countries seem to be targeted more than others.

Using data from Specops Software, this graphic looks at the countries that have experienced the most significant cyber attacks over the last two decades.

Rank	Country / Region	Number of Significant Cyber Attacks (2006-2020)
1	🇺🇸 United States	156
2	🇬🇧 United Kingdom	47
3	🇮🇳 India	23
4	🇩🇪 Germany	21
5	🇰🇷 South Korea	18
6	🇦🇺 Australia	16
7	🇺🇦 Ukraine	16
8	🇨🇳 China	15
9	🇮🇷 Iran	15
10	🇸🇦 Saudi Arabia	15
11	🇯🇵 Japan	13
12	🇨🇦 Canada	12
13	🇫🇷 France	11
14	🇮🇱 Israel	11
15	🇵🇰 Pakistan	9
16	🇷🇺 Russia	8
17	🇭🇰 Hong Kong	7
18	🇻🇳 Vietnam	6
19	🇹🇷 Turkey	6
20	🇰🇵 North Korea	5

The U.S. comes in first place, with 156 recorded cyber attacks. That’s an average of 11 significant attacks per year, which is more than Russia’s had in 14 years.

What are the Most Common Types?

While there are many different types of cyber attacks, Specops highlights the four most commonly used for significant cyber crimes:

Structured Query Language (SQL) Injection Attack
SQL is the code used to communicate with a database. In an SQL injection attack, the hacker writes vindictive SQL code and inserts it into a victim’s database, in order to access private information.
A man-in-the-middle (MitM)
This form of attack happens when a cyber criminal hacks into a communication channel between two people, and eavesdrops on their online exchanges.
Phishing Attack
When a cyber criminal poses as a legitimate institution and emails a victim to gain personal details like login credentials, home address, credit card information.
Denial of Service Attack (DoS)
This involves flooding a victim’s system with traffic, to the point where their network is inaccessible. The hacker doesn’t gain any valuable information from this style of attack.

»Like this? Here’s another article you might enjoy: The 15 Biggest Data Breaches in the Last 15 Years

Where does this data come from?

Source: Specops Software
Details: Report is based on each entry made by the Center for Strategic and International Studies (CSIS) in their record of significant cyber-attacks between May 2006 and June 2020.

Related Topics:cyber security hacking cyber attacks cyber crime Phishing Attack

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Datastream

Seeing Red: Is the Heydey of Pandemic Stocks Over?

Worries over post-COVID demand and rising interest rates have fueled a market selloff, with pandemic stocks hit particularly hard.

Published

1 day ago

January 21, 2022

Jenna Ross

The Briefing

Global equities are in a downward spiral, and experienced their worst week in more than a year.
Worries about slowing post-COVID demand and rising rates fueled the selloff.
Pandemic stocks were some of the hardest hit, with Shopify and Netflix dropping 35.3% and 33.5% respectively.

Seeing Red: Is the Heydey of Pandemic Stocks Over?

The stock market, and the stocks that flourished during the COVID-19 pandemic in particular, are off to a rough start in 2022. If you’ve been watching your investment accounts, chances are you’ve been seeing a lot of red. Shaken by the uncertainty of a pandemic recovery and future interest rate hikes, investors have been selling off their stocks.

This market selloff—which occurs when investors sell a large volume of securities in a short period of time, leading to a rapid decline in price—has investors concerned. In fact, search interest for the term “selloff” recently reached peak interest of 100.

Which stocks were the hardest hit, and how much are their prices down so far this year?

The Lackluster Returns of Pandemic Stocks

Pandemic stocks and tech-centric companies have suffered the most. Here’s a closer look at the year-to-date price returns for select stocks.

Company	Year-to-Date Price Return
Shopify	-35.3%
Roblox	-30.2%
Block	-28.0%
Moderna	-31.9%
Zoom	-19.9%
Netflix	-33.5%
Snapchat	-31.1%
Peloton	-23.1%
Coinbase	-23.5%
DocuSign	-26.0%
Amazon	-16.3%
Robinhood	-29.6%

Price returns are in U.S. dollars based on data from January 3, 2022 to January 21, 2022.

Netflix fueled the selloff after it reported disappointing subscriber growth. The company added 8.28 million subscribers in the fourth quarter, which is less than the 8.5 million it added in the fourth quarter of 2020. It also projects to have slower year-over-year subscriber growth in the near term, citing competition from other streaming companies.

Meanwhile, Coinbase stock lost nearly a quarter of its value so far this year. As the price of cryptocurrencies such as Bitcoin have plummeted, investors worry Coinbase will see lower trading volume and therefore lower fees.

The contagion also spread to other pandemic stocks, such as Zoom and DocuSign, as investors began to doubt the staying power of stay-at-home stocks.

Following the Herd

While investor exuberance drove many of these stocks up last year, 2022 is beginning to paint a different picture.

Investors are worried that rising rates will negatively impact high-growth stocks, because it means it’s more expensive to borrow money. Not only that, but they also may see Netflix’s growth as harbinger of things to come for other pandemic stocks.

The psychology of the market cycle also plays a role—amid these fears, investors have adopted a herd mentality and begun selling their shares in droves.

Where does this data come from?

Source: Google Finance

Datastream

How People Around the World Feel About Their Economic Prospects

In many of the world’s largest economies, including the U.S., Germany, and China, optimism around economic prospects sits at an all-time low.

Published

3 days ago

January 20, 2022

Nick Routley

economic prospects of people around the world

The Briefing

Economic prospects are at an all-time low in nine countries, including the U.S., Canada, Germany, Japan, and China
China and the U.S. experienced the biggest year-over-year drops, at -8 p.p. and -6 p.p., respectively

How Countries Feel About Their Economic Prospects

Each year, the Edelman Trust Barometer report helps gauge the level of trust people place in various systems of power.

The report is also a useful tool to gauge the general mood in countries around the world—and when it comes to how people in developed economies feel about the near future, there’s a very clear answer: pessimistic. In fact, optimism about respondents’ economic prospects fell in the majority of countries surveyed.

Here’s a full look how many respondents in 28 countries feel they and their families will be doing better over the next five years. Or, put more simply, what percentage of people are optimistic about their economic circumstances?

Country	% who are optimistic	All-time low?	Change from 2021 (p.p.)
🇯🇵 Japan	15%	✅	-1
🇫🇷 France	18%	✅	-1
🇩🇪 Germany	22%	✅	-2
🇮🇹 Italy	27%	✅	0
🇳🇱 Netherlands	29%	✅	-1
🇬🇧 UK	30%		+2
🇷🇺 Russia	31%		+1
🇨🇦 Canada	34%	✅	-1
🇪🇸 Spain	36%		+1
🇰🇷 South Korea	39%		+6
🇺🇸 U.S.	40%	✅	-6
🇦🇺 Australia	41%		-2
🇮🇪 Ireland	42%		-1
🇸🇬 Singapore	43%		-1
🌐 Global	51%		0
🇲🇾 Malaysia	55%	✅	0
🇦🇷 Argentina	60%		-2
🇹🇭 Thailand	60%		-2
🇨🇳 China	64%	✅	-8
🇿🇦 South Africa	66%		-2
🇲🇽 Mexico	68%		-1
🇧🇷 Brazil	73%		0
🇸🇦 Saudi Arabia	73%		0
🇦🇪 UAE	78%		+6
🇮🇳 India	80%		0
🇮🇩 Indonesia	81%		+11
🇨🇴 Colombia	83%		-1
🇳🇬 Nigeria	87%		n/a
🇰🇪 Kenya	91%		-2

Interestingly, nine countries (those with checkmarks above) are polling at all-time lows for economic optimism in survey history.

Whose Glass is Half Empty?

Japanese respondents were the most pessimistic, with only 15% seeing positive economic prospects in the near term. Only 18% of French respondents were economically optimistic.

While most developed economies were slightly more optimistic than Japan and France, all are still well below the global average.

As tensions between China and the U.S. continue to heat up in 2022, there is one thing that can unite citizens in the two countries—a general feeling that economic prospects are souring. As the U.S. heads into midterm elections and China’s 20th National Party Congress takes place, leaders in both countries will surely have the economy on their minds.

Whose Glass is Half Full?

Of course, the mood isn’t all doom and gloom everywhere. The United Arab Emirates saw a 6 percentage point (p.p.) jump in their population’s economic prospects.

Indonesia saw an 11 p.p. increase, and in big developing economies like Brazil and India, the general level of optimism is still quite high.

In some ways, it’s no surprise that people in developing economies are more optimistic about their economic prospects. Living standards are generally rising in many of these countries, and more opportunities open up as the economy grows. Even in the most pessimistic African country surveyed, South Africa, the majority of people still see improving circumstances in their near future. In Kenya and Nigeria, an overwhelming majority are optimistic.

Diverging Outcomes

One major prediction that experts agreed on for the year ahead is that economic outcomes will begin to diverge between countries with differing levels of vaccine access.

While this doesn’t seem to have affected attitudes towards economic optimism yet, it remains to be seen how this will play out as the year progresses.

Where does this data come from?

Source: 2022 Edelman Trust Barometer

Data notes: This data is derived from Edelman’s annual Trust Barometer survey, which includes 30,000+ respondents in countries around the world.