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Strong authentication has improved dramatically since its earliest days. And now more than ever, that comes as good news for consumers. New research shows that firms must display security measures more clearly on their sites The IT security vendor community came out in force today to warn consumers and corporate web surfers that internet criminals are likely to double their efforts over the Christmas season to infect machines and steal sensitive data. A gap has emerged between the views of consumers in the UK and continental Europe on data privacy and dependable IT, a new report suggests. Google is the search engine of choice for both consumers and hackers, according to infosec experts. "Follow the money" might well be the marketing slogan for cybercriminals working the internet now, according to a new report on online financial fraud and identity theft. End-users have a 25-percent chance of becoming a cybercrime victim, according to Consumer Reports' "State of the Net" survey for 2007. Nearly two-thirds of US adult internet users now shop online, but most of them are very concerned about privacy and security when making online purchases, according to an annual survey released this week by the University of Southern California's Center for the Digital Future.
The majority of consumers are concerned about the security and use of Pins, passwords and 'secret' data used by bank call centres to verify identity. With the opening ceremony only four days away, online fraudsters are using the hype of the Beijing Olympics to trick consumers out of thousands of dollars. Microsoft has released what is believed to be the final update for Windows XP, the operating system prior to Vista, but still widely deployed by enterprises and consumers. The total amount of malware removed from Australian PCs grew by over 55 percent in the first half of 2008, Microsoft has reported. Calling it "old and innaccurate," Apple has pulled a release note that recommended Mac users install anti-virus software. Identity theft has become a multi-billion dollar issue that continues to accelerate, and protecting against it has become a multi-million dollar business, says Deloitte's Mark Steinhoff. Company launches offensive against illegal software sales. The recent rash of high profile security breaches, data loss incidents and associated fraud highlights the fact that the security industry is failing to meet the threats. Cyber-crooks are using new technologies and reinventing forms of social engineering to ensnare consumers and businesses, security experts warn. In a victory for privacy advocates, an Orlando, Fla.-based company has been ordered not to sell keylogger spyware. The Australian Communications and Media Authority has issued a formal warning to The Ad Company Pty Ltd for alleged breaches of the Spam Act 2003.
AT RSA Europe, MXI Security™ announced it is collaborating with financial institutions worldwide to give customers with a portable anti-phishing tool to combat the threat posed by spear-phishing and man-in-the middle online security attacks.