Blog , 20 Aug 2016

2016 Rio Olympics: Brazil Is The 2nd Largest Cyber Crime Generator In The World

Tobias Knecht,

Founder and CEO, Abusix

Seeing Brazil from afar through the lens of the media, it always looks like one of the most beautiful and romantic places on earth. While the 2016 Summer Olympics in Rio has gone reasonably well, we still don’t hear enough about some of the underlying problems associated with the region. Some people have already become affected by issues there, including cybercrime.

Did you know Brazil is the 2nd largest cybercrime generator in the world? Additionally, Brazil is also number one in cybercrime within Latin America. Malware and online fraud are the two main categories of online crime occurring there, and it doesn’t necessarily just affect people within Brazil’s borders.

As we all know, cybercrime can potentially affect anyone around the world from one source. You can find evidence those attending the Olympics have already experienced some form of cybercrime-related to the event.

See also: How Email Spamming Landed This Infamous Hacker In Jail

Let’s take a look at what these crimes are, and how network providers and hosting providers can keep themselves (plus their users) safe.

Unwitting Victims

With a larger swath of the Brazilian population more recently using the Internet and online services, they face a lot more security threats in general. One reason is security awareness there still isn’t strong enough. It’s easier for an ISP or hosting provider in Brazil to get data stolen by a hacker, or even have a DDoS (distributed denial-of-service) attack. The latter can end up causing damage to both the company and users in numerous ways.

Complacency is easy to happen when there isn’t any sign of an imminent security threat. The unfortunate thing is many cybercrimes occur without anyone realizing it for sometimes weeks.

This only makes it easier for cybercriminals to post fraudulent offers to attend events at the Rio Olympics.

Specialized Security Needs

Brazil still has a long way to go to adapt to specific network security problems. It gives you an idea of why cybercriminals are running amok there and able to do payment schemes and shut down anti-fraud tools. Without proper security on every network to address specialized issues, it’s only going to become more rampant.

All malware in Brazil has become localized, which makes it far too simple to attack networks in the area. Those relying on their networks in Rio to offer Olympic information or offers are particularly vulnerable, and it could mean more potential scams or hacks.

Weak Cyber Crime Laws

Many who travel to Brazil probably don’t realize how weak the country’s cybercrime punishments are. NPR did an extensive study on this late last year and showed many cybercriminals don’t even get caught. When they do, they frequently only face house arrests or small fines.

As a result, it’s giving a free-for-all to criminals during the Olympics as a major nefarious business opportunity. Internet service providers there could end up with serious repercussions, especially with users. Public Wi-Fi systems are especially vulnerable to tourists while transiting private data.

See also: How SpamExperts Can Improve Your Abuse-Handling Process

Cybercrime isn’t increasing in just Brazil

Despite our focus on Brazil for the Olympics, it’s worth remembering that cybercrime is a worldwide problem, and growing. All network providers have to become aware of these threats, especially if they become a global service.

Learn about our AbuseHQ platform to help ISPs and hosting providers worldwide fight cybercrime and all network abuse by arranging a trial of AbuseHQ. 

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