Cybercrime

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

Opinion: UK Moving Quickly Down the Slippery Slope…

Admittedly, I'm a not Johnny-come-lately with regards to surveillance, intelligence, telecommunications, network security, law enforcement, and a cross-pollination of all-of-the-above. I actually have a very colorful background of working within all of the aforementioned disciplines - at one time or another - either through the U.S. Military, U.S Government contractors, private industry, etc. ... And unfortunately, I am not generally "shocked" very often by much of the abuses being perpetrated on unwitting Internet users, both by supposedly "trusted" entities (e.g. Democratic Governments, ISPs, etc.) more

CircleID’s Top 10 Posts of 2008

Here is a list of the most viewed news and blog postings that were featured on CircleID in 2008... Best wishes for 2009 and Happy New Year from all of us here at CircleID. more

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. more

The Report on “Securing Cyberspace for the 44th Presidency”

A report "Securing Cyberspace for the 44th Presidency" has just been released. While I don't agree with everything it says (and in fact I strongly disagree with some parts of it), I regard it as required reading for anyone interested in cybersecurity and public policy. The analysis of the threat environment is, in my opinion, superb; I don't think I've seen it explicated better. Briefly, the US is facing threats at all levels, from individual cybercriminals to actions perpetrated by nation-states. The report pulls no punches... more

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." more

Lawless Canada Emerging as a Spam Haven

The recent Facebook case has placed the spotlight on Canada's ongoing failure to address its spam problem by introducing long overdue anti-spam legislation. The fact that organizations are forced to use U.S. courts and laws to deal with Canadian spammers points to an inconvenient truth – Canadian anti-spam laws are woefully inadequate and we are rapidly emerging as a haven for spammers eager exploit the weak legal framework. more