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The Swiss Corporation That Claims It Wants To Stop Hackers Around the World From Attacking Latin America

The Swiss Corporation That Claims It Wants To Stop Hackers Around the World From Attacking Latin America

The usage of mobile data, messaging, and search engines has skyrocketed across Latin America and the Caribbean, and the trend is showing no signs of slowing down. In terms of the number of users, Latin America and the Caribbean became the fourth-largest regional online market in 2019 after, behind Asia, Europe, and Africa.
July 16, 2022
Hackers

The usage of mobile data, messaging, and search engines has skyrocketed across Latin America and the Caribbean, and the trend is showing no signs of slowing down. In terms of the number of users, Latin America and the Caribbean became the fourth-largest regional online market in 2019 after, behind Asia, Europe, and Africa. 

In South America, 72 percent of the population was able to access the internet, making it the subregion with the greatest significant internet penetration rate.

Hacking – A form of cybercrime

Form of CyberCrime

Crimes committed via a computer and/or a network are collectively referred to as cybercrime. It is possible that the computer was involved in the conduct of a crime or that it was the target of the crime. Someone’s safety, as well as their financial health, could be compromised by cybercrime.

When confidential information is intercepted or disclosed, whether lawfully or illegally, there are a number of privacy concerns that arise as a result of cybercrime. At the international level, espionage, money theft, and other forms of transnational criminal activity are examples of cybercrimes that are committed by both state and non-state actors. 

The term “cyberwarfare” is occasionally used to refer to the commission of cybercrimes that take place across international borders and involve the acts of at least one nation-state. The “number one concern with mankind” and something that “poses significant risks to humankind” is how Warren Buffett characterizes cybercrime.

According to a survey that came out in 2014, the annual harm to the economy of the world was projected to be $445 billion. In the United States, fraudulent use of credit and debit cards cost over $1.5 billion in lost revenue in 2012. 

Form of Cybercrime

A study that was conducted by the Center for Strategic and International Studies (CSIS) in cooperation with McAfee in 2018 came to the conclusion that each year, cybercrime is responsible for the loss of about one percent of the global GDP which is close to $600 billion. 

According to the report published by the World Economic Forum in 2020 on Global Risk, organized cybercrime groups are cooperating with one another to carry out illegal activities online, and the report estimates that the likelihood of these groups being discovered and prosecuted in the United States is less than one percent.

Fighting cyber crimes

According to a projection made by Statista, the average amount of time spent online by a person in Latin America will exceed three hours per day by the year 2020. The majority of this time will be spent using mobile devices and interacting on social media. 

In Latin America, the average percentage of internet users that participated in social networking was 81 percent. The increased usage of mobile devices and messaging services in Latin America may also be highlighting the region’s lack of an impressive cybersecurity foundation to secure users and the businesses owned by those users. 

Cybercrime

According to a study that was conducted by lookingglasscyber.com, the region’s economy is becoming more technically advanced; nevertheless, the region’s cyber security policies are not keeping up with the improvements in digitization. It has been stated that various forms of hacktivism, cybercrime and cyberespionage have all targeted Latin America.

Sources indicate that Colombia is one of the top five countries that suffers the most from acts of cyber espionage, and Mexico is not far behind in this regard. Insightcrime.org found that during the pandemic, the number of online scams, ransomware assaults, and phishing email schemes rose in Latin America. This highlighted the hazards that hackers bring to individuals, banks, and governments.

This problem could present an opportunity for organizations that specialize in secure communications, such as Switzerland’s Sekur Private Data Ltd., which recently made an announcement about expanding its operations into Latin American countries.

The company is resuming its presentation and training program for its distributor Tasloko S.L., which previously inked an agreement with Sekur in May 2020. Tasloko S.L. is responsible for sales in Colombia, Peru, and Mexico. Unfortunately, the company reports that the collaboration has been halted because of COVID-19 in Spain as well as Latin and Central America, which has prevented the activities from the beginning.

The company Tasloko S.L. (Micronet) is headquartered in Spain and has operations and distributors throughout Spain, Colombia, Panama, Peru, Mexico, and Guatemala, with a combined total of over 2,000 resellers in these countries. The two businesses have recently restarted their sales, first in Colombia and then moving on to Panama, Peru, Chile, and Mexico in the not too distant future.

Cybercrime

For Sekur, growing markets in Central and Latin America are becoming increasingly crucial due to the region’s combined population of over 500 million people. The company has adapted its solutions originally developed in Switzerland for use in Spain and is capitalizing on its work in Mexico by way of America Movil SAB de CV.

According to Alain Ghiai, CEO of Sekur Private Data, “Our SekurMessenger seems to be of very particular interest in Colombia as there is no other solution that is private and secure enough for businesses for their messaging and with all other countries to follow in the coming months in our efforts to protect their valuable data and communications.” “Our SekurMessenger seems to be of very particular interest in Colombia as there is no other solution that is private and secure enough for businesses for their messaging and with all other countries to follow in the

Sekur combines its email, messaging, and file transfer services into one application, which it markets under the brand names SekurMessenger and SekurMail, respectively. The most recent version of the company’s SekurMail technology is included in this package. 

According to the company, this technology offers a patented anti-phishing protection as well as a privacy function known as SekurSend. This function enables a user to send an email to any recipient, regardless of whether or not that recipient uses Sekur. The encrypted email never makes its way out of Sekur’s servers, which are located in Switzerland.

The data privacy solutions provided by Sekur are housed in Switzerland, which protects user data against data intrusion requests made from other sources. The Swiss Federal Constitution specifically protects an individual’s right to personal discretion and confidentiality.

Additionally, you can contact the Funds Trace team of recovery experts and we will help you every step of the way.
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