No. 1 Story

HP job cuts loom for Australian employees

A number of Australian employees of Hewlett-Packard are facing the loss of their jobs as the global computer giant looks to slash its worldwide workforce by up to 30,000.

read more

Related Articles

BewareCybercrims, the, prowl, warning
Juniper Networks has extended its SSL VPN security to the iPad with the release...
A recent survey by security company Sophos exposes the dilemma to business posed by...
You might think that thousands, nay millions of people will be on the Internet...
- Sponsored Editorial - AppLabs sees huge value proposition for its clients with...
- sponsored editorial - Australian independent software testing and training organisation, Planit,...

Beware.Cybercrims on the prowl warning!

Business IT - Security

The global security firm Websense reckons that your social media identity may prove more valuable to cybercriminals than your credit cards, and that bad guys will actively buy and sell social media credentials in online forums.

That's one of the warnings issued by Websense in its threats analysis for the next 12 months, including one that cybercriminals will use what they call 'cyber-antics' during the next US presidential elections and turn cell phones into ATMs.

Against a backdrop of 'crazy 2011 security breaches, exploits and notorious hacks' Websense predicts that in 2012, as broader adoption of mobile, social and cloud technologies explodes, we will see the bad guys move rapidly to take advantage of this shift.

According to Websense chief technology officer, Dan Hubbard, 2011 proved that in the world of enterprise security, 'anything and everything goes.'

'This year, as broader adoption of mobile, social and cloud technologies explodes, we will see the bad guys move rapidly to take advantage of this shift,' Hubbard predicted.

Websense makes the point that trust is the basis of social networking, 'so if a bad guy compromises your social media log-ins, there is a good chance they can manipulate your friends,' Hubbard says.

'One thing we do know from the explosion of breaches, amplification of advanced malware, and propagation of exploit kits is that the common factor here is very simply, the web. Almost all of the major attacks of 2011 employed a web component, whether as a vector, command-and-control centre, or the pipeline for stolen data and critical IP. Web attacks are going beyond the browser and as the number of API web requests gains momentum we will see attackers using the APIs for their own malicious exploitation.'

Hubbard warned that the most advanced criminals are going to 'ride the waves of personal devices, personal social media use, and personal web activities of employees' to create more advanced, social engineering attacks to get in. 'Many of the business and government attacks in the coming year won't necessarily be about how complex the code is, but how well they can convincingly lure unsuspecting victims to click,' Hubbard said.

The key highlights of the Websense report on what we can expect in 2012, as well as its warning about a likely social media identity grab by cybercrims, are:

'¢    The primary blended attack method used in the most advanced attacks will be to go through your social media 'friends,' mobile devices and through the cloud.
We've already seen one APT attack that used the chat functionality of a compromised social network account to get to the right user. Expect this to be the primary vector, along with mobile and cloud exploits, in the most persistent and advanced attacks of 2012

'¢    1,000+ different mobile device attacks coming to a smartphone or tablet near you.
People have been predicting this for years, but in 2011 it actually started to happen. And watch out: the number of people who fall victim to believable social engineering scams will go through the roof if the bad guys find a way to use mobile location-based services to design hyperspecific geolocation social engineering attempts.

'¢    SSL/TLS will put net traffic into a corporate IT blind spot.
Two items are increasing traffic over SSL/TLS secure tunnels for privacy and protection. First is the disruptive growth of mobile and tablet devices. And second, many of the largest, most commonly used websites, like Google, Facebook, and Twitter are switching to https sessions by default, ostensibly a more secure transmission. But as more traffic moves through encrypted tunnels, many traditional enterprise security defences are going to be left looking for a threat needle in a haystack, since they cannot inspect the encoded traffic.

'¢    Containment is the new prevention.
For years, security defences have focused on keeping cybercrime and malware out. Organisations on the leading edge will implement outbound inspection and will focus on adapting prevention technologies to be more about containment, severing communications, and data loss mitigation after an initial infection.

'¢    The London Olympics, U.S. presidential elections, Mayan calendar, and apocalyptic predictions will lead to broad attacks by criminals.
Cybercriminals will continue to take advantage of today's 24-hour, up-to-the minute news cycle, only now they will infect users where they are less suspicious: sites designed to look like legitimate news services, Twitter feeds, Facebook posts/emails, LinkedIn updates, YouTube video comments, and forum conversations.

'¢    Social engineering and rogue anti-virus will continue to reign.
Scareware tactics and the use of rogue anti-virus, which decreased a bit in 2011, will stage a comeback. Except, instead of seeing 'You have been infected' pages, we anticipate three areas will emerge as growing scareware subcategories in 2012: a growth in fake registry clean-up, fake speed improvement software, and fake back-up software mimicking popular personal cloud backup systems.