Cyberattack

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."

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)...

Network Solutions Under Large Scale DDoS Attack, Millions of Websites Potentially Unreachable

Network Solutions is having problems with "all" its name servers, according to their tech support and a recent post on North American Network Operators' Group (NANOG) mailing list indicates that it has been under very large-scale UDP/53 DDoS attack for the last 48 hour period. As a result, domain names hosted with Network Solutions' Worldnic have been affected. Network Solutions is one of the leading domain registrars and DNS hosting providers in the world, managing more than 7.6 million domain names.

Gaza Conflict Spilling Over Into the Internet, Cyberwar Underway

Whatever your personal perspective of the rights and wrongs of the current Arab-Israeli war in Gaza, there is a second front being fought on the Internet, says Jart Armin of HostExploit.com in a blog post today. "This form of warfare is a battle of words and often vivid imagery engaged by hackers from either side of the divide."

Spam Peaked at 200 Billion per Day in 2008, Botnets Nexus of Criminal Activity, Says Cisco

In a 52 page security report released by Cisco, the company has confirmed what has been consistently been observed through out this year: "the Internet-based attacks are becoming increasingly sophisticated and specialized as profit-driven criminals continue to hone their approach to stealing data from businesses, employees and consumers." The 2008 edition of the report has specified the year's top security threats and offers recommendations for protecting networks against attacks that are propagating more rapidly, becoming increasingly difficult to detect, and exploiting technological and human vulnerabilities.

Eugene Kaspersky: We Need Interpol for Internet, Law Enforcement Agencies Have Jurisdictional Limits

Eugene Kaspersky, co-founder of Internet security software Kaspersky Lab, was recently interviewed PC World where he talked about his views regarding cybersecurity and the evolution of malware. In response to fixing the problems with malware on the Internet, Kapersky says: "The Internet was never designed with security in mind. If I was God, and wanted to fix the Internet, I would start by ensuring that every user has a sort of Internet passport: basically, a means of verifying identity, just like in the real world, with driver's licenses and passports and so on. The second problem is one of jurisdiction. The Internet has no borders, and neither do the criminals who operate on the Internet. However, law enforcement agencies have jurisdictional limits, and are unable to conduct investigations across the globe. ... There is no such thing as anonymity on the Internet, for the average user."

Policy Review: Botnets are eWMD, electronic Weapons of Mass Destruction

The latest issue of Policy Review from the Hoover Institution, a public policy research center -- focused on advanced study of politics, economics, and political economy -- has an essay titled eWMDs – electronic weapons of mass destruction. The Policiy Review readers are warned that botnets should be considered a serious security problem and that "cyber attacks present a grave new security vulnerability for all nations and must be urgently addressed."

DDoS Attacks Getting More Powerful, ISPs Report Concern Over New Threats and Budget Pressures

Massive distributed denial of service (DDoS) attacks against ISPs and their customers have almost doubled over the past year, according to a new security report. Attacks on networks making them unavailable to intended users -- also known as distributed denial of service (DDoS) attacks -- exceeded 40 gigabits in the last year according to Arbor Networks' annual survey of ISPs from North America, South America, Europe and Asia.

Defense Science Board Urges Obama to Take Immediate Cybersecurity Measures

According to a report by the Defense Science Board, the President-elect Barack Obama will inherit a cybersecurity infrastructure that is ill-prepared for advanced cyberattacks which will be of particular challenge for the new leaders... Reporting today on eWeek, Roy Mark writes: "The Bush administration has been widely criticized by security experts as de-emphasizing cyber-security and hamstringing the authority of officials in charge of government-wide cyber-security" said Roy Mark in a report eWeek."

Energy Industry Number One Target by Cyber Criminals, According to New Study

Web security company, ScanSafe reports that, in the past quarter, companies in the Energy industry faced the greatest risk of Web-based malware exposure, at a 196% heightened risk compared to other verticals. The Pharmaceutical and Chemicals industry faced the second highest risk of exposure at 192% followed by the Construction & Engineering industry at 150%. The Media and Publishing industry were also among those at highest risk, with a 129% heightened risk compared to other verticals.

IT Security Guide: “Financial Impact of Cyber Risk” Released by ANSI and ISA

The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) released today a new action guide to assist business executives in the analysis, management and transfer of financial risk related to a cyber attack. In 2004, the Congressional Research Service estimated the annual economic impact of cyber attacks on businesses -- which can come from internal networks, the Internet or other private or public systems -- to be more than $226 billion. In 2008, U.S. Department of Homeland Security Secretary Michael Chertoff named cyber risks one of the nation's top four priority security issues.

Cyber Security Forecast for 2009: Data and Mobility Key Part of Emerging Threats

Georgia Tech Information Security Center (GSTISC) today held its annual Security Summit on Emerging Cyber Security Threats and released the GTISC Emerging Cyber Threats Report for 2009, outlining the top five areas of security concern and risk for consumer and enterprise Internet users for the coming year... According to the report, data will continue to be the primary motive behind future cyber crime-whether targeting traditional fixed computing or mobile applications. "It's all about the data," says security expert George Heron -- whether botnets, malware, blended threats, mobile threats or cyber warfare attacks.

Attack Traffic: 10 Countries Source of Almost 75% of Internet Attacks

A recent quarterly report titled "State of the Internet" has been released by Akamai providing Internet statistics on the origin of Internet attack traffic, network outages and broadband connectivity levels around the world. According to the report, during the first quarter of 2008, attack traffic originated from 125 unique countries around the world. China and the United States were the two largest traffic sources, accounting for some 30% of traffic in total. The top 10 countries were the source of approximately three quarters (75%) of the attacks measured. Other observations include...

U.S. Slammed as Major Host for Cybercrime

While Russia and Ukraine are generally regarded as today's main cybercrime hubs, "a lot of their infrastructure is housed in the west, in the United States to be precise," writes Vincent Hanna of Spamhaus Project. "Without exception, all of the major security organizations on the Internet we know of agree that the 'Home' of cybercrime in the western world is a place known as Atrivo/Intercage. We ourselves have not come to this conclusion lightly but from many years of dealing with criminal operations hosted by Atrivo/Intercage, gangs of cybercriminals -- mostly Russian and East European but with several US online crime gangs as well -- whose activities always lead back to servers run by Atrivo/Intercage..."

Cyber Threats Accelerate: 94% of Web Browser Exploits Occur Within 24 Hours of Disclosure

Today X-Force, IBM's security research and development arm, released its 2008 Midyear Trend Statistics report that indicates cyber-criminals are adopting new automation techniques and strategies that allow them to exploit vulnerabilities much faster than ever before. The new tools are being implemented on the Internet by organized criminal elements, and at the same time public exploit code published by researchers are putting more systems, databases and ultimately, people at risk of compromise.