ITCC500 Week 2 Assignment Student Example 2

Malware and phishing has grown at an exponential rate

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Unformatted text preview: e….REAL people. This type of easy exploitation is far from just being an aberration, however. Malware and phishing has grown at an exponential rate. In an article by Thomas Claburn of Business Week (2009) during the first half of 2009, according to a report by the “Anti-Phishing Working Group” the “number of fake antivirus programs grew by 585%.” Claburn (2009) also described that banking trojans also shot up by 186% and the number of infected computers was up by 66% in 2008-2009, topping almost 12 million. The level of sophistication used by the attackers has improved greatly as well. They need to find more clever ways of coming after your identity, and indeed, your money. In the same Claburn (2009) article he cites a cybercrime report put out by a Finjan which looks into the more sophisticated designs by attackers attempting online banking theft. In the same report, they found that attackers were even becoming better at covering their tracks. From Claburn (2009): "The cybergang knows, that once the victim reports the fraudulent money transfer to his/her bank, their 'business' will end then and there," Finjan's report states. "To minimize this risk, the Trojan creates a forged bank report page that is then presented to the victim, effectively hiding the fraudulent transaction." Just like the unlucky people that joined the fake LinkedIn connection in the researchers study (Brenner 2009), the attackers have used their concealment techniques well and were able to rope in over 90,000 visitors in 3 weeks, infecting just over 6,000 of them, earning over $400,000 (Claburn 2009). Trending Toward a Less Safe Internet 3 The study of trend towards a less safe Internet is not confined to those with bank accounts or very many assets at all. According to an article by McGlaun (2008) children and teens are also falling victim to solicitation and harassment as well. The online social networks, of which, claims Tucker (2009), 51 Percentage of teens check more than once a day and 22% more than 10 times per day. Bauer (2009), citing a Harvard study, c...
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This document was uploaded on 12/31/2013.

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