Cybercrime on Social Networking Sites Up in 2009

By: Absolute Team | 8/5/2009

Sophos has released its mid-year Security Threat Report for 2009, which looks at cybercrime for the first half of this year. The report indicates that cybercriminals have increased the focus of their attacks on social networking sites and that hackers are increasingly using scare tactics to solicit users to pay for rogue anti-virus software.

The report indicates that cybercriminals are both exploiting social networks to identify potential victims and then using these networks to attack them. The report encourages Web 2.0 companies to defend their existing users, rather than focusing on growing their userbase at the expense of security standards.

In terms of business data, the survey indicates that two thirds of businesses are worried that information shared by employees online may put their corporate infrastructure at risk. Right now, a quarter of organizations have been exposed to spam, phishing or malware via social networking sites like Facebook, Twitter and MySpace.

Read more about, and download, the report here.

Financial Services