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Security

Submission + - Stealing Data - As Easy As 1, 2, 3

Weblver1 writes: ""A recent report by web security firm Finjan shows how easily data can be breached on anyone's PC by malware circumventing existing defenses. By means of 'Obfuscated Code' antivirus software and static Web filters could not identify the scrambled attack code as a threat. The report walks through a real-life scenario of the infection process, step by step, and tracks what happens to the stolen data. This demonstrates how stealing sensitive data has become unbearably easy — especially, given the abundance of easy to use DIY (do it yourself) crimeware toolkits. Finjan's report is available here (PDF, registration required). Just shortly after this report, Security firm RSA has released their findings of a huge amount of stolen 'virtual wallets' in one of the largest discoveries of stolen data, compromised by the Sinowal trojan. While the trojan can be traced back to 2006 it only managed to become more productive over time with more frequent variants.

With the scale, ease of use and hiding techniques making infections extremely difficult to find, no wonder today's crimeware achieves such 'impressive' results."
Security

Submission + - Most Companies Admit Their Data is at Risk

Weblver1 writes: "



Most Companies Admit Their Data is at Risk

A recent survey of IT professionals published on BH Consulting Security Watch shows that cyber-data-theft should be a good reason for concern. Based on answers of 1387 professionals, 25% acknowledged that their organization has been breached. What is worse 42% did not know and could not exclude a breach, reflecting on the number of organizations that could potentially be breached without anyone knowing after the fact. Other findings we should be concerned about include 82% of Healthcare IT respondents admitting that medical records are at risk of cyber data-theft, and 68% of all sectors admitting sensitive corporate information can be compromised by cyber-criminals. The report by web security firm Finjan could be downloaded here (requires short registration)

This survey comes a week after Forrester Research found in their survey that IT security spending is expected to rise (or at least remain the same) — with the current level of data breaches and sensitive data that is not protected well enough, there is a good reason to it.

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