Cyveillance Finds Targeting of New Brands Up 50 Percent

Cyveillance, a leader in cyber intelligence, announced its findings that cyber criminals are having greater success by using increasingly sophisticated techniques. Phishing remains one of the top threats according to Cyveillance’s “2H 2009 Cyber Intelligence Report.”

Panos Anastassiadis, COO of Cyveillance, said “Cyber criminals are focusing their efforts on developing more sophisticated and targeted attacks rather than using a far reaching blanket approach, in order to reap greater financial rewards.”

“From emails to social networks, online criminals have increasingly more information at their disposal and a growing array of attack vectors to appear credible and go undetected. Organizations must be more vigilant in proactively protecting themselves and cannot rely solely on traditional security measures to keep their infrastructure and sensitive information safe,” Anastassiadis said.

While the number of phishing attacks appears to be decreasing, the attacks are becoming more sophisticated, utilizing social engineering techniques. The report also studied the effectiveness of 14 leading anti-virus programs, finding that they detected less than half of the malware during testing.

The report can be downloaded here

Cyveillance is a wholly owned subsidiary of QinetiQ North America.

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