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The anonymity and universal access of cyberspace makes cybercrime attractive and easy. Study shows outside hackers responsible for one per cent of attacks. Network security walls tumbling down, says Jericho Forum. A software engineer testified that he was hired by a unit of News Corp. to develop software that could reverse engineer code on satellite receiver smart cards, but denies hacking. AOL patched a flaw allowing remote code execution when it released AOL Instant Messenger (AIM) 6.5, but researchers are still urging caution for enterprise users of the application. The Yoggie Pico Pro is a USB security device aimed at corporate road warriors. As mobile workers often rely on third-party WiFi networks to connect to corporate systems on the road, this can represent a loophole in enterprise security. Local security reseller applauds the Government’s NetAlert security program but warns illicit content still trickles onto PCs through USB sticks and camera phones at home and at the enterprise. Failing to protect corporate data opens the corporate purse with no guarantee that it will ever be closed again. 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. With data becoming more mobile than ever, it is critical that companies have a pervasive security strategy across the corporate network. An Israeli firm of private investigators has been rapped for using spyware to steal sensitive information.. Enterprises still seem to have turned a blind eye to the vulnerability that exists when information, in document and spreadsheet form, leaves the company via email and laptops. Taiwan Police has swooped down on a ring of cyber-thiefs who had been targeting government and corporate data stores.
IT managers must keep their eye on risks as mobile devices become widespread. Key management and cross-application encryption will be the next big thing, according to new research by the Ponemon Institute commissioned by PGP Corporation.

The Public Key Infrastructure solves many security problems, but also introduces risks that require careful management. The gap between security risks and our ability to tackle them is set to rise. Today, businesses are increasingly moving to SSL-encrypted traffic on their network for greater security and data protection. 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. More than a third of IT professionals believe a major accidental or malicious leak of sensitive corporate data could threaten the future of their business, according to the latest research from McAfee.