The Black Hats Keep Striking

By Karen A. Frenkel  |  Posted 07-08-2014 Email

Cybercriminals are expanding their targets and their means of attack, according to Trend Micro's Q1 report, "Cybercrime Hits the Unexpected." Among the developments: New and modified online banking malware continues to thrive, striking different targets in Q1 2014. Likewise, mobile malware and high-risk apps are on a five-year streak and broke the 2 million barrier, the report notes. Lastly, a massive strike against decades-old point of sale systems enabled hackers to acquire the personal information 70 million retail customers. "Organizations continued to struggle with attacks that were targeted in nature, which could be directly aimed at the energy, financial, health care, and retail industries or critical infrastructure," says J.D. Sherry, vice president of technology and solutions, Trend Micro. "High-value targets that promised massive payouts were compromised despite the determined efforts of organizations to protect their valuable information." Trend Micro surveyed 763 IT security decision-makers and practitioners from organizations with more than 500 employees from 11 North American and European countries, and 19 industries. To view the report, click here.

Karen A. Frenkel writes about technology and innovation and lives in New York City.


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