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 Monday, December 03, 2007

Kelly Jackson Higgins, Senior Editor of Dark Reading wrote on how cyberwarfare has evolved into a growing underground market. According to experts, international cyber-spying is considered as the biggest threat for 2008 with the malware economy mimicking legitimate software markets. Malware suppliers are reportedly offering tools that make it easy for criminals with little technical know-how to commit their crimes, and many now advertise their 'products,' and offer support services as a value-add. These, as well as cyber-spying trends, are among the many findings of McAfee's annual Virtual Criminology Report released on 29 November 2007. The report was based on input from more than a dozen security experts from NATO, the FBI, SOCA, The London School of Economics, and the International Institute for Counter-Terrorism.

"What struck me through most of this report is the threat is more evolutionary than revolutionary -- things we've talked about as potentially developing are now status quo," says David Marcus, senior research and communications manager for McAfee. "That's the disturbing part. Cyberwarfare, or state-sponsored malware, is business as usual." According to the report, what further concerns governments is that this malware, as well as the burgeoning market for zero-day exploits, sold in the black market can also be used for targeting government, banks or other sensitive infrastructures, such as the power grid.

Read the full article here.