Monday, October 27, 2008
Online criminals are still managing to beat network security protocols of businesses, despite a fall in the number of attacks in the last few months, it has been claimed.
Vnunet.com has reported that a recent study has found that while the overall number of attacks is diminishing, the threat from malware to business is increasing as program writers are getting smarter.
Senior antivirus researcher Roel Schouwenberg, commented: "Financial institutions around the world are seeing increasing losses from cybercrime.
"Investing in better security costs a lot of money. However, this is a choice that banks clearly have to make."
Meanwhile, The Register has reported that criminals are using a shadow online economy worth up to $100 billion.
It mirrors the mainstream economy offering its clients best practices such as escrow accounts, division of labour and even product guarantees.
It is believed that thousands of cyber criminals currently have access to this underground economy.
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Facebook has Koobface - 12.5.2008
Despite its seemingly secure system, Facebook has been infected with a virus that aims to download malware onto users' computers.
Christmas malware emails on the prowl - 12.1.2008
Emails containing a link for an animated holiday card are an early present from malware attackers.
This year's unwanted Christmas presents - 11.28.2008
There will be a sharp rise in the number of phishing attacks and online fraud this Christmas, Dark Reading has warned.
