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Symantec Reports surge in trusted Web site attacks

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Symantec Corp.
The latest Internet Security Threat Report (ISTR), Volume XIII released today by Symantec Corp. (Nasdaq: SYMC) concludes that the Web is now the primary conduit of attack activity, as opposed to network attacks, and that online users can increasingly be infected simply by visiting everyday Web sites. The report is derived from data collected by millions of Internet sensors, first-hand research and active monitoring of hacker communications and provides a global view of the state of Internet security.\ \ \ In the past, users had to visit intentionally malicious sites or click on malicious email attachments to become a victim of a security threat. Today, hackers are compromising legitimate Web sites and using them as a distribution medium to attack home and enterprise computers.\ \ \ Symantec noticed that attackers are particularly targeting sites that are likely to be trusted by end users, such as social networking sites.\ \ \ Attackers are leveraging site-specific vulnerabilities that can then be used as a means for launching other attacks. During the last six months of 2007, there were 11,253 site specific cross-site scripting vulnerabilities reported on the Internet; these represent vulnerabilities in individual Web sites. However, only 473 (about 4 percent) of them had been patched by the administrator of the affected Web site during the same period, representing an enormous window of opportunity for hackers looking to launch attacks.\ \ \ Phishing also continues to be a problem. In the last six months of 2007, Symantec observed 87,963 phishing hosts — computers that can host one or more phishing Web sites. This is an increase of 167 percent from the first half of 2007. Eighty percent of brands targeted by phishing attacks during the study period were in the financial sector.\ \ \ The report also found that attackers are seeking confidential end-user information that can be fraudulently used for financial gain and are less focused on the computer or device containing the information. In the last six months of 2007, 68 percent of the most prevalent malicious threats reported to Symantec attempt to compromise confidential information.\ \ \ Finally, attackers are leveraging a maturing underground economy to buy, sell and trade stolen information. This economy is now characterized by a number of traits common in traditional economies. For example, market forces of supply and demand have a direct impact on pricing. Credit card information, which has become plentiful in this environment, accounted for 13 percent of all advertised goods — down from 22 percent in the previous period and sold for as low as $0.40. The price of a credit card in this underground market is determined by factors such as the location of the issuing bank. Credit cards from the European Union, for example, cost more than those from the United States; this is most likely due to the smaller supply of cards circulating in the E.U which makes the card more valuable to a criminal. Bank account credentials have become the most frequently advertised item making up 22 percent of all goods and selling for as little as $10.\ \ \ ADDITIONAL KEY FINDINGS\ In 2007, Symantec detected 711,912 new threats compared to 125,243 in 2006 — an increase of 468 percent; this brings the total number of malicious code threats detected by Symantec to 1,122,311 as of the end of 2007.\ Symantec measured the release of both legitimate and malicious software during a portion of the reporting period and found that 65 percent of the 54,609 unique applications released to the public were categorized as malicious. This is the first time Symantec observed malicious software outpacing legitimate applications.\ Theft or loss of a computer or other device made up 57 percent of all data breaches during the last half of 2007 and accounted for 46 percent of all reported breaches in the previous reporting period.\ Government was the top industry sector for identities exposed, accounting for 60 percent of the total, an increase from 12 percent in the previous reporting period.\ A full identity can be purchased in the underground economy for as little as $1.\0x01
— Mark Kellner, The Washington Times

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About the Author

M. Kellner

Mark A. Kellner is a religion columnist.

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