Application Security

How Threats Increase in Internet Time

Cybercrime incidents and costs increase with each passing minute on the Internet.

A famous song from the musical Rent pointed out that there are 525,600 minutes in a year. A new report looks at just how much Internet evil can fit into each minute of the year, and it's definitely not all about love.

It's about the numbers inside the $1,138,888 dollars of cybercrime cost each minute that add up to $600 billion in damage each year, according to a February, 2018 McAfee report on the impact of cybercrime. And the details of those numbers tell a story of growing risk due to a growing computer footprint, detailed in The Evil Internet Minute, a new infographic generated by researchers at RiskIQ.

"Some of it [the data] is based on reports from companies like McAfee and Gartner, but the research comes from our own systems," says Yonathan Klijnsma, threat researcher at RiskIQ. He explains that RiskIQ builds large databases from information found in global data crawling and used portions of that data to draw conclusions on individuals threats and trends.

Those conclusions involve numbers that become almost mesmerizing as the time scales and dollar amounts change: For example, RiskIQ reports that four potential vulnerable Web components are discovered each minute. That works out to more than two million such discoveries every year.

Klijnsma worries more, however, about active criminal activities like the .07 incidents of Magecart (36,792 per year) that RiskIQ found. "People thought the Ticketmaster breach was a one-off based on Magecart, but it's a credit-card skimming group," Klijnsma says, referring to the June incident. Instead, he says, the group has taken the "classic" credit card skimmer attack and moved it from the gas pump and ATM to e-commerce sites.

The lesson for organizations from reports such as this? "You want it to be more expensive for the bad guys," he says. "You need to keep your stuff updated. People tend to install things and forget about them," Klijnsma says.

"Whatever's online immediately starts to go out of date. If you leave it on the Internet, it will be out of date in a few months," he says. 

Beyond up-to-date software, he says, "One golden rule is limiting exposure. Nothing goes accessible online until it really has to."

Related Content:

Learn from the industry's most knowledgeable CISOs and IT security experts in a setting that is conducive to interaction and conversation. Early bird rate ends August 31. Click for more info

Curtis Franklin Jr. is Senior Editor at Dark Reading. In this role he focuses on product and technology coverage for the publication. In addition he works on audio and video programming for Dark Reading and contributes to activities at Interop ITX, Black Hat, INsecurity, and ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Valentine's Emails Laced with Gandcrab Ransomware
Kelly Sheridan, Staff Editor, Dark Reading,  2/14/2019
High Stress Levels Impacting CISOs Physically, Mentally
Jai Vijayan, Freelance writer,  2/14/2019
Mozilla, Internet Society and Others Pressure Retailers to Demand Secure IoT Products
Curtis Franklin Jr., Senior Editor at Dark Reading,  2/14/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
5 Emerging Cyber Threats to Watch for in 2019
Online attackers are constantly developing new, innovative ways to break into the enterprise. This Dark Reading Tech Digest gives an in-depth look at five emerging attack trends and exploits your security team should look out for, along with helpful recommendations on how you can prevent your organization from falling victim.
Flash Poll
How Enterprises Are Attacking the Cybersecurity Problem
How Enterprises Are Attacking the Cybersecurity Problem
Data breach fears and the need to comply with regulations such as GDPR are two major drivers increased spending on security products and technologies. But other factors are contributing to the trend as well. Find out more about how enterprises are attacking the cybersecurity problem by reading our report today.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-8939
PUBLISHED: 2019-02-19
data/interfaces/default/history.html in Tautulli 2.1.26 has XSS via a crafted Plex username that is mishandled when constructing the History page.
CVE-2019-8935
PUBLISHED: 2019-02-19
Collabtive 3.1 allows XSS via the manageuser.php?action=profile id parameter.
CVE-2019-3812
PUBLISHED: 2019-02-19
QEMU, through version 2.10 and through version 3.1.0, is vulnerable to an out-of-bounds read of up to 128 bytes in the hw/i2c/i2c-ddc.c:i2c_ddc() function. A local attacker with permission to execute i2c commands could exploit this to read stack memory of the qemu process on the host.
CVE-2019-8933
PUBLISHED: 2019-02-19
In DedeCMS 5.7SP2, attackers can upload a .php file to the uploads/ directory (without being blocked by the Web Application Firewall), and then execute this file, via this sequence of steps: visiting the management page, clicking on the template, clicking on Default Template Management, clicking on ...
CVE-2019-7629
PUBLISHED: 2019-02-18
Stack-based buffer overflow in the strip_vt102_codes function in TinTin++ 2.01.6 and WinTin++ 2.01.6 allows remote attackers to execute arbitrary code by sending a long message to the client.