Cybercriminals target companies

2012-03-28 22:48
Kaspersky Lab's Sergey Novikov has said criminals are targeting companies to steal information. (Duncan Alfreds, News24)

Kaspersky Lab's Sergey Novikov has said criminals are targeting companies to steal information. (Duncan Alfreds, News24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Cape Town - Criminals have changed focus from hacking home users to corporates in an effort to make money from cybercrime activities, a security company has said.

"Cybercriminals have switched from home users to corporates and in the last 15 months, maybe a year-and-a-half; they are more interested in attacks on corporates and small and medium companies," Sergey Novikov, head of Kaspersky Lab's global research and analysis team, told News24.

The company has observed a trend of targeted attacks, specifically aimed at corporates to steal data. But Novikov also said that hackers target company officials personally to steal critical information.

"They collect information about employees, for example, social networks and any local information."

One strategy employed is that hackers send "bait e-mail" such as links to porn or financial reward websites.

Unaware

These are set up to deliver malware to computers that may steal information related to company human resources, financial records as well as user logon information.

Novikov said that corporate users may be unaware of these attacks and could fall victim and compromise the entire company network.

"They send mail to executives, HR [human resources] guys, financial guys who are less technical, with some interesting PDF file or Excel file, trying to give you some interesting information.

"Non-very-technical people open it and infect their computers and then it propagates inside the network," said Novikov.

Advanced persistent threats (APT) are becoming more common as criminals attempt to use stolen certificates to spread malware through networks.

In September 2011, the FBI arrested six Estonian nationals for running a sophisticated cyber ring designed to manipulate the online advertising industry.

The malware that was used to infect computers was designed to be "invisible" to users and also allowed infiltration of other viruses.

Real-world threat

The FBI highlighted the real-world threat posed by malware.

"I believe the cyber threat is an existential one, meaning that a major cyber attack could potentially wipe out whole companies. It could shut down our electric grid or water supply. It could cause serious damage to parts of our cities, and ultimately even kill people," FBI executive assistant director, Shawn Henry, said in October 2011.

He said that the global cost of cybercrime was escalating and thieves were making increasing use of cyber techniques to steal money rather than physically breaking into banks or companies.

"The 2011 Norton Cybercrime Report put the global cost of cybercrime at nearly $400bn a year, and found that there are more than one million victims of cybercrime every day," said Henry.

Kaspersky Lab advises that corporate users adopt a complex security policy, including the use of multiple vendors to limit hackers' ability to compromise sensitive systems.

"Talking about corporates, it's important to use a complex approach to security," said Novikov.


- Follow Duncan on Twitter
 
- News24
Read more on:    kaspersky lab  |  cybercrime
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Joburg hot spots for cocktails, craft beer, tapas and wine!

It’s the season to be jolly – so we’ve rounded up some new Joburg hot spots!

 
 

I love summer.24

Christmas lingerie to make this festive season the best one ever!
13 things you might not know about Disneyland
The craziest deaths of 2014
How to make this a sensual, sexy summer!

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

2DAYS ONLY – 30% off Appliances

Coffee makers, blenders, fans, juicers and more. T&Cs apply. Shop now!

2 DAYS ONLY – 40% off books

Get 40% off when you buy 2 books. For two days only! T&Cs apply. Buy now!

Up to 50% off on outdoor gear

Save on chairs, blankets, cooler bags, umbrellas and more. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

At last you are able to see the light. You are able to break through obstacles in an innovative and original way. Visualisation is...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.