Symantec Report Finds Cyber Threats Skyrocket in Volume and Sophistication

Posted: May 4, 2011 in Tech
Tags: ,

Mr. Raymond Goh, Symantec’s Regional Technical Director for Systems Engineering and Customer Advisory Services

Symantec Corp. announced the findings of its Internet Security Report, Volume 16, which shows a massive volume of more than 286 million new threats last year, accompanied by several new megatrends in the threat
landscape.

The report highlights dramatic increases in both the frequency and sophistication of targeted attacks on enterprises; the continued growth of social networking sites as an attack distribution platform; and a change in attackers’ infection tactics, increasingly targeting vulnerabilities in Java to break into traditional computer systems. In addition, the report explores how attackers are exhibiting a notable shift in focus toward mobile devices.

“While many targeted attacks are directed at large enterprises and governmental organizations, they can also target SMBs and individuals,” said Raymond Goh, Symantec’s Regional Technical Director for Systems Engineering and Customer Advisory Services, Asia South Region. He also added that “Social Networking sites provide companies with a mechanism to market online, but can also have serious consequences. Consumers and businesses are also advised to be extra cautious as malicious code targets mobile devices and uses social networking sites to propagate in becoming a significant concern.”

The Internet Security Threat Report is derived from data collected by tens of millions of Internet sensors, first-hand research and active monitoring of hacker communications and it provides a global view of the state of Internet Security. The study period for the Internet Security Threat Report Volume 16 spans January 2010 to December 2010.

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