Ellen Messmer of Network World reports on IBM's semi-annual security threat report, which indicates the increasing use of banking and other Trojans. These attacks are more effective and cost-efficient than phishing emails. The full IBM report requires registration to view. Here are some key points:
Phishing attacks may be down because criminals “are likely getting better results with Trojans,” says Dan Holden, X-Force product manager at IBM’s ISS division. “It’s a return on investment issue for them.”
The big picture is that the Web is a “dangerous place,” Holden notes. Criminals are exploiting software vulnerabilities to compromise sites with malicious code or simply taking advantage of the openness of public social-networking forums to place malicious code to go after victims.
The number of malicious Web links used to trick users into downloading malware or visiting dangerous sites has increased, up 508% in the first half of 2009 in comparison to the number discovered in the first half of 2008, says the report.
With no effective and universal way for users, customers, and businesses to authenticate the sites they visit or to authenticate the emails they receive, we continue to be vulnerable to these increasingly sophisiticated attacks.
Also note the pervasive problem of software vulnerabilities. Every piece of software should be immune to malware. Today it is not. We have a long way to go here although there is malware immune software today:
When it comes to software vulnerabilities and patching them, there’s been an 8% decrease over the first half of 2008, with 3,240 reported vulnerabilities disclosed in the first half of the year by vendors and open-source communities managing a code base.
DNSSEC is the only way to authenticate on the Internet. It's adoption is dragging along slowly while the world spends a fortune on ineffective cyber security.