Crimes at Cyber Headlines

Monday, December 14, 2009

Cyber Crime: A 24/7 Global Battle

WAVE         This is a post
from McAfee website :
Cyber crime is a grim reality that's growing
at an alarming rate, and no one is immune to the mounting threat. It is
costing consumers, businesses, and nations billions of dollars annually,
and there's no end in sight.

For an in-depth analysis of this global trend, read the annual McAfee
Virtual Criminology Report. We've consulted with more than a dozen
security experts at the world's premier institutions-NATO, the FBI, SOCA,
The London School of Economics, and the International Institute for
Counter-Terrorism-to get their insights on the complexities of the dark
side of the Internet.

  • The increasing cyber threat to national security

    An estimated 120 countries are leveraging the Internet for political,
    military, and economic espionage activities. Cyber crime has expanded
    from isolated attacks initiated by individuals or small rings to
    well-funded, well-organized operations using sophisticated technology
    and social engineering. Are we in the midst of a cyber cold war?
  • The increasing threat to individuals and industry

    As more of us rely on the web for shopping, banking, socializing, and
    carrying on everyday business activities, cyber criminals are
    capitalizing on every opportunity to commit fraud, identity theft, and
    extortion. Ingenious cyber criminals have evolved “super-strength”
    threats that are harder and harder to detect and can be modified on
    the fly. And, emerging technologies like voice over IP and smartphones
    are fostering new threats like "vishing” and “phreaking.”
    How will these developments affect consumer trust and purchasing
  • Hi-tech crime: a thriving economy

    Existing in parallel with legitimate ecommerce is a thriving
    underground black market economy run by cyber criminals. Greedy,
    malicious online fraudsters don't even need computer skills or a great
    deal of money to launch an attack. They can buy customized Trojans
    that steal credit card information, and botnets can be bought, sold,
    and leased. And the stolen data itself is bought and sold like any
    other commodity. But zero-day threats that exploit unpatched
    vulnerabilities are the biggest cause for concern of all. Should these
    activities eventually be legalized?

Get more details and answers by downloading your copy of the
McAfee Virtual Criminology Report today!

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