US cybercrime on the rise

2014-05-29 08:31
Kaspersky Lab does analysis of malware threats at its offices in Moscow. (Duncan Alfreds, News24)

Kaspersky Lab does analysis of malware threats at its offices in Moscow. (Duncan Alfreds, News24)

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San Jose - The hackers are winning, according to a survey of 500 executives of US businesses, law enforcement services and government agencies released on Wednesday.

The 12th annual survey of cybercrime trends found that online attackers determined to break into computers, steal information and interfere with business are more technologically advanced than those trying to stop them.

The survey was co-sponsored by business consulting firm PwC, the US Secret Service, the Cert Division of Carnegie Mellon University's Software Engineering Institute and CSO security news magazine.

Three out of four respondents said they had detected a security breach in the last year, and the average number of security intrusions was 135 per organisation, the survey found.

"Despite substantial investments in cyber security technologies, cyber criminals continue to find ways to circumvent these technologies in order to obtain sensitive information that they can monetise," Ed Lowery, who heads the US Secret Service's criminal investigative division, said in a written statement.

Lowery said companies and the government need to take "a radically different approach to cyber security", which goes beyond antivirus software, training employees, working closely with contractors and setting up tighter processes.

The top five cyber attack methods reported in the survey were malware, phishing, network interruption, spyware and denial-of-service attacks.

And 28% of respondents said the attackers were insiders, either contractors or current and former employees or service providers, according to the survey.

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