Study Reveals Increase in Cyber Espionage – Including Threefold Increase in SMB Attacks

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Next Study Reveals Increase in Cyber Espionage – Including Threefold Increase in SMB Attacks-2 Next

Targeted attacks are growing the most among businesses with fewer than 250 employees. Small businesses are now the target of 31 percent of all attacks, a threefold increase from 2011. While small businesses may feel they are immune to targeted attacks, cyber criminals are enticed by these organizations’ bank account information, customer data and intellectual property. Attackers hone in on small businesses that may often lack adequate security practices and infrastructure.

Symantec Corp.’s (Nasdaq: SYMC) Internet Security Threat Report, Volume 18 (ISTR) recently revealed a 42 percent surge during 2012 in targeted attacks compared to the prior year. Designed to steal intellectual property, these targeted cyber espionage attacks are increasingly hitting the manufacturing sector as well as small businesses, which are the target of 31 percent of these attacks. Small businesses are attractive targets themselves and a way in to ultimately reach larger companies via “watering hole” techniques. In addition, consumers remain vulnerable to ransomware and mobile threats, particularly on the Android platform.

“This year’s ISTR shows that cyber criminals aren’t slowing down, and they continue to devise new ways to steal information from organizations of all sizes,” said Stephen Trilling, chief technology officer, Symantec. “The sophistication of attacks coupled with today’s IT complexities, such as virtualization, mobility and cloud, require organizations to remain proactive and use ‘defense in depth’ security measures to stay ahead of attacks.”

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
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