usacyber

© HCIBooks

A study conducted by the Ponemon Institute has concluded that cyber crime costs American corporations billions of dollars per year. The study – which involved interviews with the data protection and IT security practitioners in 45 US organizations – found that cyber crime is common, intrusive, and can have a significant impact on an organization's bottom line.

Information loss, such as customer and employee data, made up the largest portion of external costs according to the cyber crime survey, whereas labor chewed up almost half of the internal bill associated with a cyber crime incident response.

Financial service organizations are generally more susceptible to higher cyber crime costs because of the stealth and sophistication of attack methods, especially against retail banks. However, cyber crime cost can be moderated by enabling technologies and good governance practices.

© Official U.S. Navy Imagery

There is a strong warning from the security experts to the web-surfers about the rise in cybercrimes and scams as per the death of Osama bin Laden. The intruders took the advantage of the inquisitiveness of the people all around the globe and this major news lead to uptick in cybercrime. E-mails are circulated with prompting users to click on the picture of Laden and asking for personal information of the users.

Facebook was the first platform and victim of the cybercrime where the wall posts of people seemed full of the links of laden's picture. Experts inferred that cybercriminals might have compromised the website of Sohaib Athar, the Pakistani information technology consultant who tweeted on Osama's real time killing. The cybercriminals nowadays miss no opportunities to grab vital personal information of people and then use or even sell it to confidential sources.

Recently, a crimeware toolkit is being advertised that is claimed to turn Mac OS driven computers into zombie bot systems which can be controlled remotely.

The toolkit is said to develop a malware attack by making the use of social engineering. It can be majorly used to control cyber crime.

Researcher Brian Krebs focuses on finding ways to reduce cyber crimes. He also comes up with a web-based administration panel that allows customer to manage and dig data from infected PCs too.

It is true that Mac possesses superior security, but still the operating system cannot avoid the user from being tricked.

In the field of Cyber Crime, social engineering attacks are one of the primary ways that Windows users get infected, then why would it be different for Mac users.

© And all that Malarkey