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India tops Asia in sending scientists and engineers to US: Report

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Washington: Among Asian countries, India continues to be the top country of birth for scientists and engineers who have made the US their destination for key research and development, latest data has revealed.

With 950,000 out of Asia’s total 2.96 million, India’s 2013 figure represented an 85 percent increase from 2003, according to a new report from the National Science Foundation’s National Center for Science and Engineering Statistics (NCSES).

From 2003 to 2013, the number of scientists and engineers residing in the US rose from 21.6 million to 29 million.

“An important factor in that increase over the same time period, the number of immigrant scientists and engineers went from 3.4 million to 5.2 million,” the report noted.

Of the immigrant scientists and engineers in the US in 2013, 57 percent were born in Asia while 20 percent were born in North America (excluding the US), Central America, the Caribbean or South America.

“While 16 percent were born in Europe, six percent were born in Africa and less than one percent were born in Oceania.

“Immigrants went from making up 16 percent of the science and engineering workforce to 18 percent,” the NCSES statement read.

In 2013, the latest year for which numbers are available, 63 percent of US immigrant scientists and engineers were naturalised citizens, while 22 percent were permanent residents and 15 percent were temporary visa holders.

Since 2003, the number of scientists and engineers from the Philippines increased 53 percent and the number from China, including Hong Kong and Macau, increased 34 percent.

The NCSES report found that immigrant scientists and engineers were more likely to earn post-baccalaureate degrees than their US-born counterparts.

In 2013, 32 percent of immigrant scientists reported their highest degree was a master’s (compared to 29 percent of US-born counterparts) and 9 percent reported it was a doctorate (compared to 4 percent of US-born counterparts).

“The most common broad fields of study for immigrant scientists and engineers in 2013 were engineering, computer and mathematical sciences, and social and related sciences,” the report revealed.

Over 80 percent of immigrant scientists and engineers were employed in 2013, the same percentage as their US-born counterparts.

Among the immigrants in the science and engineering workforce, the largest share (18 percent) worked in computer and mathematical sciences, while the second-largest share (eight percent) worked in engineering.

Three occupations — life scientist, computer and mathematical scientist, and social and related scientist – saw substantial immigrant employment growth from 2003 to 2013.

 

(IANS)

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Cybercrimes cost businesses $600 billion globally: McAfee report

Cybercrime losses are greater in richer countries; however, the countries with the greatest losses are mid-tier nations that are digitised but not yet fully capable of cybersecurity, the report noted.

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Russia, North Korea and Iran are the most active in hacking financial institutions, while China is the most active in cyber espionage.
Russia, North Korea and Iran are the most active in hacking financial institutions, while China is the most active in cyber espionage. Wikimedia Commons

Cybercrimes have cost businesses close to $600 billion globally — or 0.8% the global GDP — which is up from $445 billion reported three years back, a report said on Thursday.

The report by the global cybersecurity firm McAfee, prepared along with the Centre for Strategic and International Studies (CSIS), said that over the last three years, cybercriminals have quickly adopted new technologies to ease the process of engaging in cybercrimes.

“Ransomware-as-a-Service Cloud providers efficiently scale attacks to target millions of systems, and attacks are automated to require minimal human involvement,” Steve Grobman, Chief Technology Officer for McAfee, said in a statement.

Also Read: Indian companies more prone to cyber attacks

“Add to these factors cryptocurrencies that ease rapid monetisation, while minimising the risk of arrest, and you must conclude that the $600 billion cybercrime figure reflects the extent to which our technological accomplishments have transformed the criminal economy as dramatically as they have every other portion of our economy,” he added.
The report, titled “Economic Impact of Cybercrime — No Slowing Down”, said that banks remain the favourite target for cybercriminals.

McAfee, Inc. is an American global computer security software company.
McAfee, Inc. is an American global computer security software company. Wikimedia Commons

Russia, North Korea and Iran are the most active in hacking financial institutions, while China is the most active in cyber espionage.

“Our research bore out the fact that Russia is the leader in cybercrime, reflecting the skill of its hacker community and its disdain for Western law enforcement,” said James Lewis, Senior Vice President at CSIS.

“North Korea is second in line, as the nation uses cryptocurrency theft to help fund its regime, and we’re now seeing an expanding number of cybercrime centres, including not only North Korea but also Brazil, India and Vietnam,” Lewis added.

Cybercrime losses are greater in richer countries; however, the countries with the greatest losses are mid-tier nations that are digitised but not yet fully capable of cybersecurity, the report noted. (IANS)

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