RSA 2007: Malware on the rise as criminals target vulnerable firms

Malicious code that installs files such as Trojans, password stealers, keyboard loggers and other malware on users’ systems registered a fivefold increase in the first half of 2007, according to research released by Microsoft at the RSA Security conference in London.

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Malicious code that installs files such as Trojans, password stealers, keyboard loggers and other malware on users’ systems registered a fivefold increase in the first half of 2007, according to research released by Microsoft at the RSA Security conference in London.

And in the same period, 31.6 million phishing scams were detected, an increase of 150% over the previous six months.

The survey, sponsored by Microsoft and conducted by the Ponemon Institute, interviewed more than 3,600 security, privacy and marketing executives across a variety of industries, such as financial services, healthcare, technology and government, in the US, UK and Germany.

It found that attackers are increasingly targeting personal information to make a profit, threatening people’s privacy as crime rings grow more sophisticated. Further, there are more opportunities for cyber-criminals to steal personal information, as enterprises need to share information and conduct business across borders and devices.

Roger Halbheer, chief security advisor of Microsoft EMEA, "If there are rumours of a takeover or a merger, information can become desirable for organised crime circles. Auction bids for a laptop of a CEO amongst criminal organisations can reach seven digit figures."

"As the security of the operating system improves, we are seeing cybercriminals becoming more sophisticated, diverse and targeted in their methods of stealing personal information,” said Microsoft's Ben Fathi in a keynote address at the RSA Europe Conference.

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