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.

Vulnerabilities / Threats

CSI Annual Report: Financial Fraud, Malware On The Increase

Security pros generally happy with products; not so much with awareness programs

Malware and financial fraud were among the chief "growth threats" posed to businesses in 2009, according to a new study from the Computer Security Institute that will be published next week.

CSI's 14th annual security survey, which will be distributed in conjunction with a free Dec. 1 Webcast, covers a wide range of issues related to security management, including current threats, data loss statistics, and trends in technology usage.

Respondents reported big jumps in the incidence of financial fraud (19.5 percent, over 12 percent last year); malware infection (64.3 percent, over 50 percent last year); denials of service (29.2 percent, over 21 percent last year), password sniffing (17.3 percent, over 9 percent last year); and Web site defacement (13.5 percent, over 6 percent last year).

The survey showed significant dips in wireless exploits (7.6 percent, down from 14 percent in 2008), and instant messaging abuse (7.6 percent, down from 21 percent).

"The financial fraud was a major concern because the cost of those incidents is so high," says Sara Peters, senior editor at CSI and author of this year's report. Financial fraud costs enterprises approximately $450,000 per incident, according to the study.

While financial fraud costs rose in 2009, average losses due to security incidents of all types are down this year -- from $289,000 per respondent to $234,244 per respondent, CSI says. Those numbers are still higher than 2005 and 2006 figures.

Twenty-five percent of respondents stated the majority of their financial losses in the past year were due to nonmalicious actions by insiders.

For the first time, CSI asked security professionals not only about the technologies they are using, but also about their satisfaction with those technologies. Interestingly, on a scale of 1 to 5, with 1 being the lowest satisfaction level, none of the security product categories received anything lower than a 3.0.

"What that says to us is that people are generally satisfied, if not overjoyed, with the performance of the products they're using," Peters says. "They're not blaming their problems on technology."

When asked which security technologies ranked highest on their wish lists, many respondents named tools that would improve their visibility -- better log management, security information and event management, security data visualization, security dashboards, and the like, CSI says.

Respondents also were generally satisfied with the amount of money their organizations have invested in their security programs, with one exception: security awareness training.

"In the past, when we saw low spending on security awareness programs, we assumed that it was because those programs simply don't cost that much to put together," Peters says. "But now we see that some security departments aren't getting the funding they need to put together the strength and quality of awareness programs that they would like."

To get a free copy of the report and register for the Webcast, click here.

Have a comment on this story? Please click "Discuss" below. If you'd like to contact Dark Reading's editors directly, send us a message. Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
US Formally Attributes SolarWinds Attack to Russian Intelligence Agency
Jai Vijayan, Contributing Writer,  4/15/2021
News
Dependency Problems Increase for Open Source Components
Robert Lemos, Contributing Writer,  4/14/2021
News
FBI Operation Remotely Removes Web Shells From Exchange Servers
Kelly Sheridan, Staff Editor, Dark Reading,  4/14/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-21070
PUBLISHED: 2021-04-19
Adobe Robohelp version 2020.0.3 (and earlier) is affected by an uncontrolled search path element vulnerability that could lead to privilege escalation. An attacker with permissions to write to the file system could leverage this vulnerability to escalate privileges.
CVE-2020-7851
PUBLISHED: 2021-04-19
Innorix Web-Based File Transfer Solution versuibs prior to and including 9.2.18.385 contains a vulnerability that could allow remote files to be downloaded and executed by setting the arguments to the internal method. A remote attacker could induce a user to access a crafted web page, causing damage...
CVE-2021-29399
PUBLISHED: 2021-04-19
XMB is vulnerable to cross-site scripting (XSS) due to inadequate filtering of BBCode input. This bug affects all versions of XMB. All XMB installations must be updated to versions 1.9.12.03 or 1.9.11.16.
CVE-2021-23381
PUBLISHED: 2021-04-18
This affects all versions of package killing. If attacker-controlled user input is given, it is possible for an attacker to execute arbitrary commands. This is due to use of the child_process exec function without input sanitization.
CVE-2021-23374
PUBLISHED: 2021-04-18
This affects all versions of package ps-visitor. If attacker-controlled user input is given to the kill function, it is possible for an attacker to execute arbitrary commands. This is due to use of the child_process exec function without input sanitization.