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The War on Cybercrime Heats Up

BY Gabrielle T. Kelly, Mark Mermelstein
May 02, 2013

Cybercrime is neither rare nor isolated these days. You no longer need to be a major bank, retailer, credit card company, social media site or government to become a target. Every company with an online presence, or even a connection to the Internet, has become fair game.

Symantec has reported that, year over year, malicious Internet attacks are steadily increasing. Its most recent report (April 2013) showed that in 2012, targeted attacks had increased by 42%, and unique malicious Web domains increased to 74,000, compared with 55,000 in 2012. And the increasing use of mobile devices brought with it an increase in mobile malware ' a 58% increase in 2012 over 2011. See, 2013 Internet Security Threat Report, Volume 18.

It is no longer a question of whether a company will be hacked, but when. Attacks are also increasingly 'targeted.' For example, in January, The New York Times was targeted through a technique called 'spear-phishing,' where innocuous-looking e-mail or social media messages were tailored to individual employees and designed to install code that could access, monitor or steal information.

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