Hacking for Financial Gain

Symantec has announced that crimeware, software specifically designed to carry out criminal activity, is on the rise as a means for criminals to perpetrate cybercrime attacks. In the ninth volume of its Internet Security Threat Report, Symantec reveals that cybercriminals are developing new and more sophisticated techniques to steal data for financial gain.

The semi-annual report revealed that attackers are increasingly using bot-networks, modular malicious code and targeted attacks on Web applications and Web browsers to commit cyber attacks. These methods of attack are designed to silently steal data for profit without alerting a user to its presence. These malicious threats rose from 74 percent in the last period to 80 percent between July and December 2005. Hacking for Financial Gain - IT Observer

Linked by shanmuga Wednesday, 8th March 2006 12:06AM