Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk

12/9/2008
02:55 PM
Keith Ferrell
Keith Ferrell
Commentary
50%
50%

Cybercrime Wave Becoming Tsunami

Cybercrime figures and analysis out from Finjan and McAfee today tell us what we already know but can't be reminded of too often: the criminal side of the Web is hot and getting hotter, with 2009 already looking like a bad year for everybody but the crooks.

Cybercrime figures and analysis out from Finjan and McAfee today tell us what we already know but can't be reminded of too often: the criminal side of the Web is hot and getting hotter, with 2009 already looking like a bad year for everybody but the crooks.The security companies' year-end reviews are well-worth reviewing: each is likely to dampen your spirits a bit, and neither is looking forward to a happier New Year.

The Q4 cybercrime trends report from Finjan gives a strong heads-up about the increased interest cybercrooks have in exploiting Flash functionality to embed crimeware, taking advantage of browser vulnerabilities to lead their marks to malicious sites.

Particularly scary is Finjan's observation that some large ad networks are failing to take actions to prevent the illicit interactions -- that legitimate Flash banner ad may also be a pathway for the crooks.

McAfee'stake may be even scarier: According the company's yearly Virtual Criminology Report, the number of hijacked computers increased by 400 percent in the last quarter alone, with no signs of slowing down.

Both companies see bad economic times as a potential gold mine for crooks, with the number of job offer/job assistance, financial assistance and other "help in hard times" scams expected to continue rising in the New Year.

I particularly liked McAfee's blunt take on law enforcement's difficulties in responding to the growing cybercrime wave. Poorly trained and poorly funded, most law enforcement agencies are proving more effective effective at nabbing smaller-time cybercrooks while organized cybercrime gets bigger and better organized almost daily.

Worth comparing the reports'insights with those of the cybercrime study prepared for the Obama Administration.

Both reports are solid, and should be read and passed along to everyone in your company who uses a computer (i.e., everyone):

The complete Finjan Web Security Trends Report Q4/2008 can be downloaded here (participation in anonymous survey required).

McAfee's complete "Virtual Criminology Report: Cybercrime Versus Cyberlaw" can be downloaded here.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Why Cyber-Risk Is a C-Suite Issue
Marc Wilczek, Digital Strategist & CIO Advisor,  11/12/2019
6 Small-Business Password Managers
Curtis Franklin Jr., Senior Editor at Dark Reading,  11/8/2019
Unreasonable Security Best Practices vs. Good Risk Management
Jack Freund, Director, Risk Science at RiskLens,  11/13/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-18885
PUBLISHED: 2019-11-14
fs/btrfs/volumes.c in the Linux kernel before 5.1 allows a btrfs_verify_dev_extents NULL pointer dereference via a crafted btrfs image because fs_devices->devices is mishandled within find_device, aka CID-09ba3bc9dd15.
CVE-2019-18895
PUBLISHED: 2019-11-14
Scanguard through 2019-11-12 on Windows has Insecure Permissions for the installation directory, leading to privilege escalation via a Trojan horse executable file.
CVE-2019-18957
PUBLISHED: 2019-11-14
Microstrategy Library in MicroStrategy before 2019 before 11.1.3 has reflected XSS.
CVE-2019-16863
PUBLISHED: 2019-11-14
STMicroelectronics ST33TPHF2ESPI TPM devices before 2019-09-12 allow attackers to extract the ECDSA private key via a side-channel timing attack because ECDSA scalar multiplication is mishandled, aka TPM-FAIL.
CVE-2019-18949
PUBLISHED: 2019-11-14
SnowHaze before 2.6.6 is sometimes too late to honor a per-site JavaScript blocking setting, which leads to unintended JavaScript execution via a chain of webpage redirections targeted to the user's browser configuration.