23 May 2012

Cyber Crooks: In It for the Money


Hacktivists steal headlines with their often-audacious attacks against high-profile targets. While it's easy for IT and security professionals to get caught up and imagine hacktivists will be breaking into their networks next, cyber-criminals intent on making money remain the bigger threat................
A majority of the respondents in the latest Impact of Cybercrime on Business report said financial fraud was the primary motivation behind cyber-attacks against their organizations. Theft of customer data and intellectual property was the next common reason behind the attacks, followed by disruption of business operations..........
Cybercriminals are no longer isolated amateurs. They are members of organized groups and contract out work to highly-skilled individuals to craft and execute targeted attacks. The goal of attackers is to obtain valuable information, and what constitutes valuable information has expanded in recent months. Employee records and login information for Facebook and email accounts can be sold alongside credit card data on the black market..........

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