A rise in cyber attacks by one third saw 100 per cent of enterprises experience cyber losses in 2009

February 25, 2010

Under half of organisations rate security as their top issue, while three quarters experienced cyber attacks in the last 12 months.

According to Symantec's 2010 State of Enterprise Security study, 75 per cent of enterprises experienced cyber attacks in the last 12 months and 36 per cent rated the attacks somewhat/highly effective. Also, there was a 29 per cent rise in reported attacks in the last 12 months.

       

It also found that 100 per cent of enterprises surveyed experienced cyber losses in 2009, with theft of intellectual property, customer credit card information or other financial information and customer personally identifiable information the most prevalent.

Commenting on this, Tony Osborn, manager of Symantec's public sector pre-sales team, said that in his experience he agreed with the figures as everyone has been hit by some level of security threat, and also potentially breaches that they did not know about.

He said: “I think everyone is a security target. No one is 100 per cent secure, I believe the cost and risk and everyone will come to understand risk, it is not just about keeping up to date. It is about technology, people are being trained on the uses of IT and being aware of the responsibilities and organisations having the right processes.”

He claimed that one critical thing that organisations miss is ensuring that processes are followed, and not just looking at security as a small facet but taking a holistic view.

Also in the survey, on average, IT assigns 120 members of staff to security and IT compliance, while nearly all the enterprises surveyed (94 per cent) forecasted changes to security in 2010, with almost half (48 per cent) expecting major changes.

Francis deSouza, senior vice president of the enterprise security at Symantec, said: “Protecting information today is more challenging than ever. By putting in place a security blueprint that protects their infrastructure and information, enforces IT policies, and manages systems more efficiently, businesses can increase their competitive edge in today's information-driven world.”

Download the report :
http://www.symantec.com/content/en/us/about/presskits/SES_report_Feb2010.pdf

 

Thousands of Twitter user accounts compromised

February 23, 2010

IT security firm, Sophos, has warned Twitter users on a new attack that has led to thousands of accounts being compromised by hackers using a Web 2.0 botnet. The hijacked accounts are later used to spread money-making spam campaigns.

The security firm found out that fellow members of the micro-blogging network had posted messages disguised as humorous inks, but were actually aimed to phish passwords credentials from unsuspecting users.
 
These messages were accompanied with clickable links which...


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Cyberattack simulation highlights vulnerabilities

February 20, 2010

Imagine that a widely downloaded, malicious smart phone application has triggered a national security crisis and brought the country’s telecommunications and electronic infrastructure to a standstill. This scenario was only make-believe: the East Coast still has power and Midwestern factories are functioning. But the threats from cyber exploits against the national and economic security of the United States is very real, according to former senior government officials who participated in a ...


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Terrorists 'gaining upper hand in cyber war'

February 9, 2010

Western governments are facing a potent and ill-understood new threat from terrorists and hostile powers in the shape of cyber warfare, military and security experts have warned.

Network attacks, a British government report says, are "growing in seriousness and frequency". And in a timely reminder of the emphasis that states and corporations alike are placing on the problem, Google and the National Security Agency were yesterday said to be finalising the details of a co-operative deal aimed ...


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China Shut Down Biggest Hacker Training Site

February 9, 2010

What is believed to be the country's biggest hacker training site has been shut down by police in Central China's Hubei province.

Three people were also arrested, local media reported yesterday. The three, who ran Black Hawk Safety Net, are suspected of offering others online attacking programs and software, a crime recently added to the Criminal Law. A total of 1.7 million yuan ($249,000) in assets were also frozen.

According to the provincial public security department of Hubei, the closu...


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Today’s threat: computer network terrorism

February 1, 2010

“Carry out all my demands or the entire country’s electricity will be cut off.” Is this another line from a suspense film, or is it a palpable threat made possible with a computer keyboard? “Today, there is a growing trend amongst hackers around the world to threaten national infrastructures for ransom,” says Dr. Yaniv Levyatan, an expert in information war at the University of Haifa.

If someone still thinks that this is science fiction, Dr. Levyatan notes how just recently, in Nov...


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Keep the Internet free! China “Shut up US.”

January 23, 2010

China to US: shut up about "so-called Internet freedom"

In the wake of Secretary of State Hillary Clinton's major speech yesterday on Internet freedom, a speech in which she called out countries like Egypt, Uzbekistan, Vietnam, Iran, and China, most governments have yet to respond. China, however, was quick to reply after dealing with the Google issue for a week already. 

Here's what has happened in 24 turbulent hours.

Wide open. It didn't take China long to respond to Clinton's call to te...


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Technology Bites Back

October 12, 2009

GPS

A couple of weeks ago a friend told me that someone she knew had their car broken into while they were at a football game. Their car was parked on the green which was adjacent to the football stadium and specially allotted to football fans. Things stolen from the car included a garage door remote control, some money and a GPS which had been prominently mounted on the dashboard.  

When the victims got home, they found that their house had been ransacked and just about everything worth any...


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The State of Internet Security

September 25, 2009
Just last week, Websense Security Labs released it's State Of Internet Security report. This report is released twice a year and it covers all changes in website and internet security in the past 6 months. While we can generally expect that internet vulnerabilities, spam and other attacks will rise, this report was especially grim.

According to the report, the number of malicious sites on the web has grown over 230% in the last six months. This number reaches over 670% in the last year.

While t...

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Black Ice: The Invisible Threat of Cyberterrorism

July 6, 2009

Cyberterrorism is a new terrorist tactic that makes use of information systems or digital technology, especially the Internet, as either an instrument or a target. As the Internet becomes more a way of life with us,it is becoming easier for its users to become targets of the cyberterrorists. The number of areas in which cyberterrorists could strike is frightening, to say the least.

The difference between the conventional approaches of terrorism and new methods is primarily that it is possib...


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Saumil's Infosec Blog


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