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Boom Time For Hackers In India
 
The Symantec Internet Security Threat Report revealed that attackers are using 'abuse of trust' methods to relieve victims of confidential information
 
DQC NEWS BUREAU
 
Monday, May 05, 2008

 

The latest Internet Security Threat Report, Volume XIII released by Symantec Corp in India concludes that the web is now the primary conduit of attack activity, as opposed to network attacks, and that simply visiting everyday websites can increasingly infect online users. The report is derived from data collected by millions of Internet sensors, first-hand research and active monitoring of hacker communications and provides a global view of the state of Internet security.

Symantec noticed that attackers are particularly targeting sites that are likely to be trusted by end-users, such as social networking sites. “Users are often the weakest link in Internet security. Attackers can com­promise the end-user to steal confidential data from them. This can include personal infor­mation, corporate information stored insecurely on the end-user's computer, or account credentials the attacker can use to launch additional attacks,” said Prabhat Singh, Director- Security Response and Managed Security Services, Symantec.

Attackers are leveraging site-specific vulnerabilities that can then be used as a means for launching other attacks. During the last six months of 2007, there were 11,253 site-specific cross-site scripting vulnerabilities reported on the Internet; these represent vulnerabilities in individual websites.

Specific to India, Symantec has observed that malicious activity in the form of worms, viruses and Trojans is on the rise. More than 65 percent of malicious attacks in India were through worms as compared to the global average of 22 percent. Symantec also observed that rampant software piracy in India aided the spread of malware by the file sharing/executables mechanism. Particularly of concern to Indian enterprises and consumers were the increasing botnet activities in India.

India had 38,502 bot-infected computers and more than 60 command and control servers, a 50 percent increase from the last reporting period. A majority of bot-infected computers were tracked in Mumbai (56 percent), Chennai (16 percent) and New Delhi (14 percent). The increase in botnet activities has led to a high number of distributed denial-of-service attacks (DDOS) on Indian enterprises.

Phishing was another major cause of concern in the Indian security threat landscape. In the last six months of 2007, Symantec observed 345 unique phishing URLs with IP addresses hosted in India. Symantec also observed more than 400 unique phishing attacks on reputable Indian banks. Out of these, some of the attacks involved the use of compromised 'gov' servers to launch phishing attacks on other brands.

According to the report, majority of phished websites that were detected globally during this reporting period spoofed social networking sites. This is a sign of caution for India too, since according to a recent industry report nearly five to six million Indians are actively involved in social networking and spend approximately 25 to 75 percent of their time online in social networking activities. They can become easy preys to 'abuse of trust' tactics.

The report also found that attackers are seeking confi­dential end-user information that can be fraudulently used for financial gain and are less focused on the computer or device containing the infor­mation. In the last six months of 2007, 68 percent of the most prevalent malicious threats reported to Symantec attempt to compromise confidential information.

Finally, attackers are levera­ging a maturing underground economy to buy, sell and trade stolen information. This economy is now characterized by a number of traits common in traditional economies. For example, market forces of supply and demand have a direct impact on pricing. Credit card information, which has become plentiful in this environment, accounted for 13 percent of all advertised goods-down from 22 percent in the previous period and sold for as low as $0.40. The price of a credit card in this underground market is determined by factors such as the location of the issuing bank. Credit cards from the European Union (EU), for example, cost more than those from the United States; this is most likely due to the smaller supply of cards circulating in the EU, which makes the card more valuable to a criminal. Bank account credentials have become the most frequently advertised item making up 22 percent of all goods and selling for as little as $10.

“The sale of malicious services, outsourcing of resour­ces such as phishing hosts and spambots, and bulk pricing are signs of a robust economy. These factors in the under­ground economy indicate that business is booming,” said Vishal Dhupar, MD, Symantec India.

DQC News Bureau

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