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Cyber crime costs you… lost revenue, loss of current and prospective customers and loss of employee productivity. The FBI computer crime survey for 2005 estimated that U.S. organizations lose more than $67 billion per year. The Computer Security Institute, which developed the annual survey with the FBI, said in 2007 that companies reported average annual losses of $350,424 in the past year, double the amount reported the previous year. Everyone is aware of how important it is to protect yourself against this type of crime. The articles below may help shed more light on the subject.

Your losses from cyber threats may be costing you more than you think; don't underestimate them! (Item #1) Online criminals are getting smarter and stronger; are we winning the war against cyber crime? (Item #2) Cyber espionage ranks high on the top ten list of cyber menaces for 2008. (Item #3)

Tapping into fiber optic cables is easier than you think! (Item #4) If you'd like some reminders on how to keep your computers safe, take some tips from McGruff the Crime Dog. (Item #5) Confused about how to report cyber crime? Check out this web site. (Item #6)

As always, we look forward to hearing about your concerns with regards to business continuity. If you have a topic you'd like to see covered, please email me at [email protected]

Best Regards,

Bob Mellinger
President
Attainium Corp

Quote of the Week

"…cybercrime has become a $105 billion business
that now surpasses the value of the illegal drug trade worldwide."
- David DeWalt, McAfee CEO -

Articles

1. Cyberthreats Outpace Security Measures, Says McAfee CEO
Despite the increase in government compliance requirements and the proliferation of security tools, companies continue to underestimate the threat from phishing, data loss, and other cyber vulnerabilities
http://www.informationweek.com/news/showArticle.jhtml?articleID=201807230&subSection=News

2. Cracking open the cybercrime economy
According to F-secure, during 2007 the number of samples of malicious code on its database doubled, having taken 20 years to reach the size it was at the beginning of this year.
http://news.zdnet.com/2100-1009_22-6222896.html

3. Cyber Espionage: A Growing Threat to Business
Cyber espionage is getting renewed attention as fresh evidence emerges of online break-ins at U.S. research labs and targeted phishing against corporations and government agencies here and abroad. Research firm SANS Institute has ranked cyber espionage No. 3 on its "Top Ten Cyber Menaces for 2008."
http://www.pcworld.com/businesscenter/article/141474/cyber_espionage_a_growing_threat_to_business.html

4. Cyber crime threatens the core infrastructure supporting critical business activities
The general perception that the fiber optic method of data transmission is inherently safe is false. Growing sophistication in both optical tapping technologies as well as the know-how of the cyber-criminal, means that this security risk can no longer be underestimated.
http://www.continuitycentral.com/feature0530.htm

5. Cyber Crime Tip Sheets
The "Take the bite out of cyber crime" web site of the National Crime Prevention Council offers several downloadable tips sheets to keep your computers safe: Hardware Security Tips, For the Home User, For the Home User with Kids, For the Business User, and Wireless Networking & Public Computing. View or download them at this link.
http://www.bytecrime.org/security_center/tip_sheets.html

6. Reporting Computer, Internet-Related, or Intellectual Property Crime
Internet-related crime, like any other crime, should be reported to appropriate law enforcement investigative authorities at the local, state, federal, or international levels, depending on the scope of the crime. Citizens who are aware of federal crimes should report them to local offices of federal law enforcement.
http://www.cybercrime.gov/reporting.htm