Increase in Cyber attacks

IBM anticipates a fundamental shift, or evolution, in cyber crime from pervasive global outbreaks to smaller, stealthier attacks targeted at specific organisations for extortion purposes.

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By  Angela Sutherland Published  January 26, 2006

IBM anticipates a fundamental shift, or evolution, in cyber crime from pervasive global outbreaks to smaller, stealthier attacks targeted at specific organisations for extortion purposes. According to IBM’s 2005 Global Business Security Index Report, written by its Global Security Intelligence team, the global IT threat landscape spent the majority of 2005 at the medium level. While the Zotob worm gained international attention, impacting well known media organisations, there were decidedly fewer global malware outbreaks than the previous year. But that does not tell the whole story. The criminal element motivating many spam, malware and other IT attacks became apparent last year. High profile arrests of cyber criminals in the United States and also around the world pointed to individuals linked to organised crime and motivated to make money. With software and networks becoming increasingly more secure, it is anticipated that many of these criminals may target the most vulnerable access point within a company or its personnel to execute an attack. "The decrease in pervasive attacks in 2005 is counter-intuitive to what society at large believes is a major threat to their personal data," says Cal Slemp, vice president of IBM's security and privacy services. "IBM believes that the environment has shifted - with increased security protection on most systems and stiffer penalties, we are seeing organized, committed, and tenacious profiteers enter this space. This means that attacks will be more targeted and potentially damaging. Organisations around the world - from the public and private sectors - must move quickly and work together to address this growing challenge,” he adds.

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