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News

PineApp urges companiestest to assist in fighting e-crime

PineApp : 16 July, 2009  (Technical Article)
By reviewing existing security systems and modifying as necessary, business managers can help to reduce the significant spate in e-crime that has surged during the last two years
PineApp, the email security vendor, is calling for increased awareness for businesses to help combat the spate of destructive online crimes and cyber attacks hitting their IT infrastructures.

International cyber criminals are costing the UK economy billions of pounds every year through activities such as industrial espionage and credit card fraud. According to recent reports by PwC, approximately 13 per cent of large companies have detected unauthorised outsiders in their networks, a dramatic rise from just 1 per cent two years ago. In addition, the Information Security Forum (ISF) has highlighted in its report 'Threat Horizon 2010' that the malicious online activity over the course of 2009 is expected to be far greater than that recorded in 2008.

These trends also being identified in recent findings from PineApp. In light of the recession, PineApp is seeing a rise in not only the precedence, but also in the range of organised criminal online activity. The threats it is seeing range from industrial espionage to mobile malware and Web 2.0 vulnerabilities.

An increase in sophisticated approaches such as money laundering, identity theft and fraud are also taking place. These issues have a knock-on effect for businesses looking to protect and store large volumes of sensitive information held electronically. With this in mind, PineApp is encouraging organisations to consider the security systems they have in place and to evaluate how effective they are at protecting them from the target of organised e-criminals.

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