Cybercrime

Cybercrime / Most Commented

StopBadware.org and Consumer Reports Launch BadwareBusters.org

StopBadware.org and Consumer Reports WebWatch have announced today the full launch of BadwareBusters.org, a new online community for people looking for help preventing and countering viruses, spyware, and other "badware" on their computers and websites. Maxim Weinstein, manager of StopBadware.org at Harvard University's Berkman Center for Internet & Society, says the site is not only a useful destination, but also a piece of a bigger puzzle. "BadwareBusters.org is part of StopBadware's strategy to bring together the people, the organizations, and the data that allow us to fight back against the spread of badware," Weinstein said. "The collective wisdom of the BadwareBusters community will inform not only individuals, but the entire technology industry." more

U.S. Cyber Security: Blurred Vision

It has been beaten, butted, and batted around quite a bit in the past few weeks -- let's look at a rough timeline of political issues which bring me to this point. Let's look at the power struggle (I prefer to call it confusion) in the U.S. Government with regards to "Cyber Security" -- in a nutshell. In the latter part of 2008, the U.S. House of Representatives Homeland Security Committee determined that DHS was not capable of providing proper critical infrastructure protection (and other Cyber protection capabilities) due to a number of issues. This may well be a political maneuver, or it may well actually have merit. more

C-SPAN Interview: Internet and Cybersecurity

C-SPAN interviews professor Gene Spafford from Purdue University on the topic of cybersecurity and how the current Internet is a conduit for all types of "cybercrime". He also talks about the much discussed article "A New Internet?" by John Markoff in the February 14, 2009, New York Times in which he was quoted. The piece argued for a new type of Internet that is more secure with the trade-off of users giving up more of their anonymity. Professor Spafford talks about alternative solutions and he responded to questions via telephone calls and email. more

An Economic Outlook on Information Security

As enterprise information security spending is scrutinized in unprecedented fashion in 2009 Information Technology management will seek to get more for their security dollar. While budgets tighten and risks grow due to the global economic downturn IT departments will be looking for point solutions, not suites of security tools. more

Designing Secure Networks with Cisco Technology, Part 2

In this multipart series I will be presenting some of the leading industry-standard best practices for enterprise network security using Cisco technologies... In Part 1 of this series, I provided an overview of the critical role that properly designed data security architectures play within an Internet-connected organization. Before we begin to discuss the security designs, processes and recommendations related to Cisco technology, let's first discuss some of the ways a network becomes unsecure... more

Data Breach Costs Continue to Rise, 40% Increase Since 2005

According to a new study by PGP Corporation and Ponemon Institute, data breach incidents cost U.S. companies $202 per compromised customer record in 2008, compared to $197 in 2007. The study is based on 43 organizations across 17 different industry sectors with a range of 4,200 to 113,000 records that were affected. It is also noted that since 2005, the cost component has grown by more than $64 on a per victim basis since -- nearly a 40% increase. more

Malware Detection Declining, Anti-Phishing Filters Detect Less than 50% of Attacks, Says Report

A study comparing best-of-breed computer security vendors suggests more than half of active malware and phishing threats on the Internet go undetected, with an average detection rate of 37% for malware and 42% for phishing. "Given the dynamic nature of today's online threats and the traditionally reactive approach taken by today's malware and phishing detection technology, conventional signature-based solutions are inherently at a disadvantage to keep up," said Panos Anastassiadis, CEO and Chairman of Cyveillance. "Because the majority of damage occurs during the first 24 hours of an attack, early detection of attacks is crucial." more

X-Force Report: Corporations Becoming No. 1 Security Threat to Their Own Customers

With the alarming increase in cyberattacks, criminals are literally turning businesses against their own customers in order to steal consumer's personal data, warns the latest annual X-Force Trend and Risk report from IBM. "The security industry puts a lot of effort into the technical evaluation of security threats, examining, sometimes at great length, the potential threat that each issue might present to corporations and consumers. Criminal attackers out for profit, however, have considerations that the security industry does not always take into account, such as monetization cost and overall profitability." more

What Google Sees While Processing 2 Billion Enterprise Emails Per Day

While the news will not be terribly surprising to CircleID readers, Google's latest report on the status of spam and 2009 predictions posted today, might be of particular interest due to the company's shear email processing volume at 2 billion enterprise email connections per day (drawn from company owned Postini Message Security network)... more

Security Psychology

I just came across a post telling of the Security and Human Behavior workshop. As some of you may be aware, I've been researching this subject for about two years now, and I am very excited that a conference has now happened! It means I did not waste the last two years of my life after all! more

Tough Economy Requires Knowledge and Vigilance Online

If current predictions are correct, 2009 will be a tougher year than 2008 in terms of the economy. In tough economic times such as these it becomes increasingly important for us to follow recommended safety practices when going online. As the numbers of Internet-related fraud and financial scams continue to increase we should expect the current economic situation to produce more victims of cybercrime. Knowledge and vigilance are the keys to remaining safe while online. more

Internet Population Passes 1 Billion, and We’re Still Afraid

We're learning this week that we have officially passed the one billion number in terms of people using the Internet. Eric Schonfeld writes in his article on TechCrunch that the number is probably higher than that. One billion is a staggering number, even though it makes up only 15 to 22 percent of the world's population. Nevertheless, those one billion Internet users give us a lot to deal with on their own in terms of social and security issues on the web. more

Expect More Malware Threats Exploiting the Financial Crisis, Warn Experts for 2009

Continued exploitation of the financial crisis to scam users with fake financial transactions services, fake investment firms, and fake legal services is the top trend to emerge for 2009 according threat predictions by McAfee. "Computer users face a dangerous one-two punch today," said Jeff Green, senior vice president of McAfee Avert Labs, McAfee's research group. "The current economic crisis is delivering a blow to our financial well-being, while malware authors are taking advantage of our distraction to deliver a roundhouse strike." more

Report on Possibly the Largest Data Breach Ever

Amidst all the recent reports of data breaches, Gunter Ollmann of IBM Internet Security Systems, has reported today about one particular case which may be the largest data breach to date. Ollmann wirtes: "The media has been full of analysis concerning data breaches over the last couple of weeks, mostly related to the uptick in 2008 reports. While much of this increase can be accounted for by the wider adoption of state legislation that mandates companies to publicly disclose their data breaches, I think it is worth pointing out today's latest disclosure -- which is quite probably the largest breach ever." more

Phishers Using New Web-Based Technique ‘In-Session Phishing’ to Steal User Data, Researchers Warn

Security researchers have identified a new phishing attack method designed to trick users into surrendering confidential information after they have logged on to an online banking, brokerage, or other sensitive website. The technique, called In Session Phishing, can be used to inject into all major browsers legitimate looking Pop Up messages using malicious JavaScript that request passwords, account numbers, etc., on behalf of the trusted website. more