Trends to Watch: Business of Cybercrime
One the trends that became clear at the end of last year was the business-like manner in which attacks are being formulated and launched. Botnets are getting larger, the number of phishing attacks is increasing, and we are more likely to see keyloggers and spyware infecting devices than old-school easily detected viruses and worms. Some of last years blog posts that touched on this topic include discussions of click fraud, credit card theft and phishing, and the growing sophistication of botnets.
ComputerWeekly quoted McAfee security analyst Greg Day who noted in the company's second annual report on organized crime, “Cybercrime is no longer in its infancy, it is big business. Criminal entrepreneurs can make fast money with minimal risk and their ranks are growing with that realisation." (McAfee sponsors the Realtime Messaging and Security Community).
Ad hoc security management will not be effective against organized, resource-rich attackers. We will probably witness a trend toward wider adoption of security standards like ISO-17799 and governance frameworks like COBIT. Technical solutions deployed within an well planned security infrastructure will be more effective than those deployed as silo solutions.
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