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)

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

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.
Read more on:    cybercrime

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X 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
Comments have been closed for this article.

Inside News24


Millions of plastic particles in our food!

Scientists and researchers believe that almost five million tons of plastic is dumped in the oceans every year and it’s affecting our food.



Plastic on your plate
Prince George the green prince?
Lean, green, drifiting machine
One man's $1 million vision for an eco Africa

Book flights

Compare, Book, Fly

Traffic Alerts

The Leo moon adds an element of drama and entertainment. A significant person that you may consult or confide in may play more

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


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 network.


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.