RSA Report Points to an Increase in Cyber Crime - Page 2

According to the report, fast flux attacks now comprise about half of all the activity out there.

From a global perspective, the United Kingdom (40 percent) was the most attacked country followed by the United States (37 percent). This was attributed to a focused attack on a number of financial institutions in the UK in 2008. The report also acknowledges increased activity in Latin America and the Pacific. A lot of experts believe we will see increased activity in other parts of the world as more people from these regions are introduced to the Internet. As this takes place, more computers will be compromised (become zombies) in these countries and the statistics will shift.

It should be noted that despite the increased activity in the United Kingdom, the United States still holds the dubious honor of being number one in hosting phishing attacks. They are also number one in brand names being attacked.

Of no surprise is the statistic that financial instituions are the favorite target in these attacks. It makes sense that the phishermen will continue to go where the money is and with the sour economy, there are a lot of social engineering lures that are ripe for exploitation. Fear is a time-honored social engineering lure, which gets people to click on links they should not have.

The conclusion of the report is that online crime continues to evolve, is becoming more dangerous, and new tools are being used to further the effort. My guess is that it will continue to grow as long as we focus on defending against it instead of going after the source of it! Of course, this is merely the opinion of this observer.

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Article Author: Ed Dickson

Having worked around financial crimes for a number of years, I noticed they seemed to be on the rise. One reason for this is technology, which grows more rapidly than laws designed to protect us from it. …

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