Monday, 10 May 2021

Visual Capitalist

Visual Capitalist


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

Posted: 10 May 2021 05:01 PM PDT

Significant Cyber Attacks By Country

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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.

RankCountry / RegionNumber of Significant Cyber Attacks (2006-2020)
1🇺🇸 United States156
2🇬🇧 United Kingdom47
3🇮🇳 India23
4🇩🇪 Germany21
5🇰🇷 South Korea18
6🇦🇺 Australia16
7🇺🇦 Ukraine16
8🇨🇳 China15
9🇮🇷 Iran15
10🇸🇦 Saudi Arabia15
11🇯🇵 Japan13
12🇨🇦 Canada12
13🇫🇷 France11
14🇮🇱 Israel11
15🇵🇰 Pakistan9
16🇷🇺 Russia8
17🇭🇰 Hong Kong7
18🇻🇳 Vietnam6
19🇹🇷 Turkey6
20🇰🇵 North Korea5

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.

The post The Most Significant Cyber Attacks from 2006-2020, by Country appeared first on Visual Capitalist.

Canada’s Gold Exploration Frontier: The Abitibi Greenstone Belt

Posted: 09 May 2021 11:12 PM PDT

The following content is sponsored by Maple Gold Mines.

The Abitibi: Canada's Largest Gold District

Canada is home to many great gold districts, but none come close to the Abitibi greenstone belt.

Having produced over 200 million ounces of gold since 1901, the Abitibi belt has etched its place as Canada's largest gold district. Today, the region is bustling with exploration activity and hosts three of the country's largest gold mines.

The above infographic from Maple Gold Mines showcases what makes the Abitibi a prolific gold district, from its history and geology to current activity and the potential for discovery.

The Abitibi Greenstone Belt: Remarkable Geology and History

Over 2.6 billion years ago, the Earth's natural processes of creation and destruction resulted in the formation of metal-rich volcanic rocks and deformation zones that comprise the Abitibi greenstone belt.

The Abitibi belt hosts several economically viable deposits of gold, silver, zinc, iron, copper, and other base metals. The types of deposits found there include gold-rich quartz-carbonate veins, copper porphyries, and volcanogenic massive sulfide (VMS) deposits.

Since mining began in the early 1900s, more than 124 mines have been set up in the Abitibi, and at least 15 of these have yielded over 3.5 million ounces of gold. What's more, the total gold content of the belt, including past production and current reserves and resources, exceeds 300 million ounces.

The majority of the Abitibi's rich gold deposits lie along fault lines in major deformation zones such as the Cadillac-Larder Lake zone and the Destor-Porcupine zone. These deposits are the foundations of gold camps that boast historical production numbers in excess of 10 million ounces of gold.

Despite a mining history that spans over 100 years, the Abitibi belt remains an active mining region with plenty of potential for new discoveries.

Mining Activity and the Potential for Discovery

With one end in Wawa, Ontario, and the other in Chibougamau, Quebec, the Abitibi's location spans two jurisdictions that offer various advantages for mining companies.

Ontario and Quebec are two of Canada's top mining jurisdictions with 2019 exploration expenditures of $432.4 million and $496.7 million, respectively. Mining companies in the Abitibi benefit not only from its rich resource endowment but also from the infrastructure, skilled workforces, and mining-friendly policies in its jurisdictions.

In fact, the Abitibi has produced around $12 billion in mining M&A transactions since 2013.

YearBuyer/InvestorTargetValue (US$, millions)
2014Yamana Gold, Agnico EagleOsisko Mining$3,600
2014Osisko Gold RoyaltiesVirginia Mines$424
2015Kirkland Lake GoldSt. Andrew Goldfields$134
2015GoldcorpProbe Mines$526
2016Tahoe ResourcesLake Shore Gold$538
2017Alamos GoldRichmont Mines Ltd$764
2017Eldorado GoldIntegra Gold$432
2017Osisko Gold RoyaltiesOrion Mine Finance*$864
2018Bonterra ResourcesMetanor Resources$60
2019Kirkland Lake GoldDetour Lake$3,700
2020Yamana GoldMonarch Gold*$114
2021Eldorado GoldQMX Gold$105

*Osisko Gold Royalties bought a portfolio of royalties from Orion Mine Finance and Yamana Gold bought two properties from Monarch Gold.

Back in 2014, Yamana Gold and Agnico Eagle each bought a 50% stake in Osisko Mining for a total of $3.6 billion to own Osisko's flagship Canadian Malartic Mine, Canada's largest gold mine. In a similarly-sized transaction in 2019, Kirkland Lake Gold acquired the Detour Lake mine—the second-largest gold mine in the country, for $3.7 billion. Both of these mines share a common home—the Abitibi greenstone belt.

The Legacy Continues

The Abitibi belt remains a hub for mining activity with Canada's largest gold mines and 28 exploration projects on the hunt for precious metals and the next wave of M&A transactions.

With its rich history, remarkable geology, and plenty of gold left to discover, the Abitibi greenstone belt's legacy as one of the world's most important gold districts will continue.

The post Canada’s Gold Exploration Frontier: The Abitibi Greenstone Belt appeared first on Visual Capitalist.

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