Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
APC Free White Paper
Optimize your network investment &
Enter to win a Samsung Galaxy Note

www.apc.com
Computing
24/7/365 Network Uptime!
Average Rating:
Rate this article:  
Hackers Targeting SMBs, Warns Symantec
Hackers Targeting SMBs, Warns Symantec

By Adam Dickter
April 17, 2013 6:59AM

    Bookmark and Share
Attackers are after SMBs' customer data, intellectual property and bank account information. And because small businesses often lack adequate security practices, attackers are increasingly choosing to breach the lesser defenses of a small business that has a business relationship with a larger company -- the ultimate target.
 



It isn't just major corporations who have to worry about rampant malware attacks and the threat of system infiltration. Small to medium businesses (SMBs) are increasingly vulnerable to attacks that can bring their systems down or expose their sensitive data.

That's the warning of security giant Symantec, whose latest Internet Security Threat Report issued Tuesday warns that the number of attacks on small businesses rose threefold in 2012, amid a 42 percent rise in overall targeted attacks. While successful data breaches were down last year, the number of stolen identities rose to nearly 240 million.

Small businesses are often targeted as a way to get to larger companies with whom they connect via "watering hole techniques."

Wake-Up Call

In a "watering hole" attack, hackers infect a legitimate web site used by members of a company with malware in hopes that the user will bring the infection back to the system that is the real target. Such attacks are not only aimed at members of SMBs but also at the information given to them by larger companies. Popularized by a group known as the Elderwood Project, this technique has infected up to 500 companies in a single day, Symantec said in a company blog post.

According to Symantec, 61 percent of Web sites propagating malware are legitimate sites. Using toolkits. hackers can easily locate and exploit poor patch management on legitimate Web sites.

In addition, "consumers remain vulnerable to ransomware and mobile threats, particularly on the Android platform," Symantec warns. Ransomware, as the name suggests, is code that restricts access to a Web site and demands that a price be paid to its creator.

"Gaining a clear picture of cyber threats is an important step in improving security, and this year's report is a wake-up call that small businesses are now being specifically targeted by cybercriminals," Kevin Haley, director, Symantec's Security Response told us.

Haley said the number of attacks aimed at small businesses with less than 250 employees grew to 31 percent of all targeted attacks last year.

"Attackers are after SMBs' customer data, intellectual property and bank account information. And because small businesses often lack adequate security practices, attackers are increasingly choosing to breach the lesser defenses of a small business that has a business relationship with a larger company -- the ultimate target."

And how do they protect themselves and their larger corporate partners?

Mind The Gaps

"SMBs need to assess their current state of readiness to handle these cyber threats and work with solution providers to close any gaps in protection," said Haley.

A large share of cyber threats aimed at corporations has been determined to originate in China. But Haley said hackers come from all countries.

"Regardless of where hackers are located, we recommend that all companies, countries and consumers make sure they are using the full capability of security solutions to protect themselves," he said.
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Computing
1.   Retailers Hacked by New Malware
2.   Oracle To Buy TOA Technologies
3.   IBM Beefs Up Identity Intelligence
4.   USB Security Flaw Uncovered
5.   Tor Internet Privacy Service Breached


advertisement
Amazon Intros Zocalo Storage Service
Online storage and sharing for business.
Average Rating:
IBM Beefs Up Identity Intelligence
To offer biz better security products.
Average Rating:
Tor Internet Privacy Service Breached
Users should assume they're affected.
Average Rating:


advertisement
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
New 'Backoff' Malware Slips Undetected into Retail Systems
'Malicious actors' are using a new variety of malware to access consumer payment data remotely through point-of-sale systems, according to a report from the Department of Homeland Security.
 
IBM Beefs Up Identity Intelligence Security Solutions
Big Blue is betting big on identity intelligence. IBM just acquired a private firm with security software to govern user access to apps and data across cloud and on-premise environments.
 
USB Security Flaw Lets Hackers Hijack PCs
Hackers can use the firmware that controls USB functions to take control of computers, say security experts. That means there may be a new class of attack for which there are no defenses.
 

Enterprise Hardware Spotlight
AMD's ARM-Based Opteron Out in $3K Dev Kit
It's dubbed "Seattle" and it's AMD's first 64-bit ARM-based Opteron processor. The low-power chip is being released as part of AMD’s Opteron A1100-series developer kit, and aimed at high-end data center needs.
 
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Dell, BlackBerry Not Sweating Apple-IBM Alliance
IBM's recent move to partner with Apple to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
 

Mobile Technology Spotlight
Virgin Mobile Offers Custom Smartphone Plans
As the wireless carrier wars continue heating up, Virgin Mobile just threw the customization coal onto the fire. The firm has debuted a no-annual-contract plan with rates based on individual use.
 
Collaboration Provider Asana Revamps Mobile App
Asana, a collaboration software provider started by a Facebook founder, is now out with a rebuilt native iOS mobile app. It replaces one that even the company admits was not up to par.
 
FTC Wants Fix for 'Perfect Scam' of Mobile Cramming
The U.S. Federal Trade Commission has issued new guidelines to curb “mobile cramming,” a troublesome practice that adds unauthorized third-party charges to mobile phone bills.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.