Cybersecurity is a never-ending Tom and Jerry cartoon

The Coming Wave of Security Startups

The threat from cyber-intrusions seems to have exploded in just the last 18 months. Mainstream media now report regularly on massive, targeted data breaches and on the digital skirmishes waged among nation states and cybermilitants. Unlike other looming technical problems that require innovation to address, cybersecurity never gets solved.

The challenges of circuit miniaturization, graphical computing, database management, network routing, server virtualization, and similarly mammoth technical problems eventually wane as we tame their complexity. Like antibiotic-resistant bacteria, attackers adapt to our defenses and render them obsolete. As in most areas of IT and computing, innovation in security springs mostly from startup companies. Larger systems companies like Symantec, Microsoft, and Cisco contribute to the corpus of cybersecurity, but mostly acquire their new technologies from startups.

Government agencies with sophisticated cyberskills tend to innovate more on the offensive side. Anyone looking to found or invest in one of those small security companies destined for success should focus on the tsunami of change rocking the IT world known as cloud computing.

According to Forrester, the global market for cloud computing will grow more than sixfold this decade, to over a quarter trillion dollars. Cloud security, as it is known, is today one of the less mature areas of cloud computing, but it has already become clear that it will become a significant chunk of that vast new market. A Gartner report earlier this year predicted that the growth of cloud-based security services would overtake traditional security services in the next three years. Just like other software products, conventional security appliances are being replaced by cloud-based alternatives that are easier to deploy, cheaper to manage, and always up-to-date.

Cloud-based security protections can also be more secure, since the vendor can correlate events and profile attacks across all of its customers’ networks. This collaborative capability will be critical in the coming years as the private sector looks to government agencies like the National Security Agency for protection from cyberattacks. The cloud also enables new security services based on so-called big data, which could simply not exist as standalone products.

Companies like SumoLogic can harvest signals from around the Web for analysis, identifying attacks and attackers that couldn’t be detected using data from a single incident or source. These new data-centric, cloud-based security products are crucial to solving the challenges of keeping mobile devices secure. Most computers shipped today are mobile devices, and they make juicier targets than PCs because they have location and payment data, microphones, and cameras. But mobile carriers and employers cannot lock down phones and tablets completely because they are personal devices customized with personal apps. Worse, phones and tablets lack the processing power and battery life to run security processes as PCs do.

Cloud approaches to security offer a solution. Software-as-a-service security companies like Zscaler can scan our mobile data traffic using proxies and VPNs, scrubbing them for malware, phishing, data leaks, and bots. In addition startups like Blue Cava, Iovation, and mSignia using Big Data to prevent fraud by fingerprinting mobile devices. Cloud security also involves protecting cloud infrastructure itself. New technologies are needed to secure the client data inside cloud-based services against theft or manipulation during transit or storage.

Eventually it should become possible for cloud computing customers to encrypt and destroy data using their own encryption keys. Until they do, there is an opportunity for startups such as CipherCloud and Vaultive to sell encryption technology that is used by companies over the top of their cloud services to encrypt the data inside.

Lastly, cloud security also includes protecting against the cloud, which enables creative new classes of attack. For example, Amazon Web Services can be used for brute force attacks on cryptographic protocols, like that one German hacker used in 2010 to break the NSA’s Secure Hashing Algorithm. Attackers can use botnets and virtual servers to wage distributed denial of service attacks; and bots can bypass captcha defenses by crowdsourcing the answers. Cloud-based attacks demand innovative defenses that will likely come from startups.

For example, Prolexic and Defense.net (a company Bessemer has invested in) operate networks of filters that buffer their clients from cloud-based DDOS attacks. Cloud computing may open up enormous vulnerabilities on the Internet, but it also presents great opportunity for innovative cybersecurity. In the coming decade, few areas of computing will be as attractive to entrepreneurs, technologists, and investors.

Top 5 Tools Every Security Professional Must Learn

5 basic tools for security professionals

As the role of the information security professional continues to evolve within organizations towards that of an executive level position, we see a growing emphasis on traditional business administration skills over the more technical skills that previously defined the top security leadership job.

Nonetheless, Information Security Professionals need to keep abreast of the latest down-in-the-weeds tools and technologies that can benefit their organization’s security posture, as well as those tools that are widely available which could be misused by malicious actors to identify and exploit network security weaknesses.

ToolsWatch is a free interactive service designed to help auditors, penetration testers, and other security professionals keep their ethical hacking toolbox up to date with the latest and greatest resources.

ARMITAGE

Metasploit has become over the years the best framework to conduct penetration testing on network systems and IT infrastructure. Nevertheless, Armitage an open source effort to bring user-friendly interface to Metasploit.

Armitage demonstrations are very convincing and allow you to analyze weak and vulnerable machines in a network in just a few clicks. This tool has brilliantly hidden the complexity of Metasploit (for a non-technical audience) in favor of usability, and is a great way to demonstrate the security in depth of an IT architecture.

HASHCAT

There is constantly a battle between security folks and users when it comes to passwords. Although it is simple to deploy a Password Policy in a company, it’s also very difficult to justify it.

Because in a perfect world from users perspective, the best password would be the name of the family cat with no expiration date, and this fact applies  to any system that requires authentication.

HashCat has shown that the selection of a strong  password must be done carefully, and this tool allows us to demonstrate the ease with which a password can be recovered.

WIFITE

You know what you have connected to when using your hardwired network, but have you ever wondered if the air is playing tricks on you? To test your WiFi security, Wifite has the simplest way.

Wifite allows the discovery of all devices that have an active wireless capability enabled by default (like some printers for example). Wifite is a very simple and convincing way to validate the security of wireless networks.

WIRESHARK

Known for many years as Ethereal, WireShark is probably the best tool when it comes to sniffing for and collecting data over a network.

On the one hand, WireShark has boosted its capabilities with the support of several types of networks (Ethernet, 802.11, etc.) and also in the simplicity of its use through a very friendly user interface.

WireShark allows to demonstrate that outdated protocols such as Telnet / FTP should be banned from a corporate network, and that sensitive information should be encrypted to avoid being captured by a malicious user

SOCIAL ENGINEERING TOOLKIT (SET)

SET is a framework that helps the in creation of sophisticated technical attacks which operated using the credulity of the human. It can be used in the process of preparing a phishing attack mimicking a known website or trapping PDF files with the appropriate payload. The simplicity of use via an intuitive menu makes it an even more attractive tool.

It is the dream of every CISO to drive security awareness campaigns without ruining the security budget. With SET, the team in charge of security audits can design attacks scenarios and distribute them internally to the targeted users.

Visualizing The World's Biggest Data Breaches

In corporate servers we trust? A beautiful interactive timeline puts the growing vulnerabilities to our personal online security in stark relief

The experience is becoming so common it’s scary. You're sitting there minding your own business, when up pops an email (or worse, a letter via snail mail) from some company you may or may not be familiar with telling you that your data has been compromised by a security breach. Change your password, post haste--if you’re lucky that a password is the worst of what was compromised.

More than 50% of CEOs surveyed by the Ponemon Institute, a cybersecurity think tank, say that their company experiences cyber attacks daily or even hourly.

These attacks are becoming more and more sophisticated, and increasingly, they are successful--to date this year, there have 343 data breaches reported in the U.S., which already exceeds the number in all of 2006, according to the Wall Street Journal. A new visualization of the world’s biggest data breaches on a timeline since 2004 puts the rise of cyberattacks in stark relief.

You can explore the graphic more here. And to protect yourself against certain kinds of data breaches, it's always good to follow good hygiene for passwords and PINs to your online accounts, like making sure you use different passwords for all sites. You can see a few additional tips on how to secure your passwords here.

10 easyways to reduce security headaches in a BYOD world

How you can improve security "Old School style" in a BYOD World?

Security is a huge concern when it comes to BYOD. Here are several steps you can take to protect your network and keep your organization's data safe. 

You're about to officially allow Bring Your Own Device (BYOD) in your organization. Understandably, you're concerned with the security of your network and data. With all those unknown variables entering the mix, how will you safeguard your company and keep sensitive data from falling into the wrong hands?

To put your mind at ease, you need to tackle BYOD with an eye toward security. This means policies and plans must be put into place. With BYOD, you can't always think in the same way you do with standard networking. Here are 10 ideas that might help you get through this transition.

1: Secure your data
Before you allow any non-company devices onto your network, you need to make sure your data is secure. This should go without saying, but if you have sensitive data on open shares, you're asking for trouble. Every network administrator must know the company's data is secure. But if you are about to open the floodgates to BYOD, this must be a priority.

2: Tighten your network security
Just as you've secured your data, you must make sure your network security is rock solid. Do not rely on Windows Firewall to secure your data -- you need to deploy an actual, dedicated device (such as SonicWALL, Cisco, or Fortinet) to handle network security. Pay close attention to making sure the outside world is carefully locked out of your network. With all of those new devices coming in -- and the possible security holes they can create -- you must make sure you have a solid network security plan in place.

3: Implement a BYOD antivirus/anti-malware policy
Any device running an operating system that is susceptible to viruses must be running a company-approved antivirus solution. For devices that do not run a vulnerable platform (Android, IOS, Linux), make sure those users are not passing along suspect files to fellow workers (or customers). To that end, you can still require these users to install and use an antivirus solution to check all outgoing files for signs of infection.

4: Mandate encryption
If your BYOD users will be sharing data from outside your secured LAN, you should require them to use some form of encryption. This might mean any application that stores data on the device will require its own password to gain access to that data (this is on top of the device password). Also, if users are storing company passwords on the device, those passwords must be protected under a layer of encryption.

5: Take advantage of mobile application management (MAM)
You have to know what applications are being used on your network. This doesn't mean you have to prevent users from accessing Facebook or playing games (that's your call, of course). But you must make sure any application being used isn't a threat to the security of your company data. Some devices, like Android, allow you to side-load applications, so any application not on the Google Play Store can be installed. You want to make sure one of your employees isn't inadvertently letting a sniffer or port scanner loose on your network.

6: Require apps like Divide
There are apps out there, like Divide, that do a great job of placing a barrier between your personal and work data. In fact, Divide provides completely separate desktops, so the user can make no mistake. Gaining access to the business side of Divide requires a password -- as well as simply knowing how to gain access to that (mostly) obfuscated desktop.

7: Require multi-layered password protection

You must require all devices to be password protected. But just having a single password to gain access to the device isn't enough. Any application, folder, or file that houses company data must also be password protected. Though it might be an inconvenience, the more password protection those mobile devices have, the safer your data will be. At the same time, you should make sure that users do NOT have passwords (such as those for company VPNs) stored on the machine, unless they are stored in an application that requires encrypted password to open.

8: Implement company-wide phone wipe

If your users want BYOD, they have to be willing to sign on to a plan that gives you the power to wipe their phone if it's lost or stolen. Though this should be the case with every user (not just those using their devices for work), many don't see the value in making sure their sensitive data can be easily deleted if the phone winds up in the wrong hands.

9: Require use of company wireless when on premise

You know some users will "forget" to connect to your wireless network when they arrive. You do not want them doing business on their carrier network. Make sure all users understand that if they are to use their device on premises, they must use your wireless network. Not only will this help secure your company data, it will allow you to better monitor and control what goes on.

10: Limit device support

If you open your company up to BYOD, you are within your rights to limit that policy to certain devices. Say you only want to open this up to tablets that do not have a carrier (so they are limited to Wi-Fi only) or to a single platform. By doing this, you not only make your job easier, you help keep your company network/data more secure.

Scam Of The Week: "Held For Ransom"

Your Computer Has Been Locked

I would like to alert your users that a particularly effective scam is growing by leaps and bounds recently. It's not new, but it's bursting into mainline cybercrime these last few weeks. The scam takes over the full screen of the PC, stating that the FBI has locked that PC until a fine is paid. The PC may look locked down, but it was a cyber criminal who did that, not the Feds.

What to do: Do NOT PAY

This is malware on the PC. Treat it like malware and clean that system. The bad guys have found this is a scam that works really well for them. Scared PC users are often willing to pay hundreds of dollars to avoid getting in hot water with the FBI.

More than $5 million per year is extorted from victims. If it's a PC in the office, call IT. If it's a PC at the house, here is a video from security company Symantec how to remove this for free: http://www.youtube.com/watch?v=_dKBXeoLIFo.

CIO can be Chief Digital Officer?

It's difficult — if not impossible — to build great digital capabilities without linking to your existing IT capabilities and people

CIOs who do great things in leading IT soon gain extra responsibilities. By helping business leaders to improve their businesses, the CIO becomes an obvious candidate to fill any open role that involves technology, process, or strong governance. Some CIOs become CIO-Plus-COO or CIO-Plus-Head of Shared Services. Others gain new responsibilities in strategy, integration, or innovation.

But there is another leadership role that has arisen in many organizations in recent years: the Chief Digital Officer (CDO). In many companies, "digital" is a cacophony of disconnected, inconsistent, and sometimes incompatible activities.

It's commonly seen that company have three simultaneous mobile marketing initiatives, conducted by different groups, using different tools and vendors. Other companies have multiple employee collaboration platforms with different rules and technologies. The problem is exacerbated as business units do their own things digitally, or as companies hire vendors who can only do things their own way.

The CDO's job is to turn the digital cacophony into a symphony. It's OK to experiment with new businesses and tools, but experimentation must be coupled with building scalable, efficient capabilities.

The CDO creates a unifying digital vision, energizes the company around digital possibilities, coordinates digital activities, helps to rethink products and processes for the digital age, and sometimes provides critical tools or resources. That's why Starbucks — an early leader in all things digital — hired a CDO last year. And it's why many other companies are naming CDOs before they get too far along the digital road.

The title CDO may or may not become permanent in the company. But the responsibilities of the CDO will be required. You may appoint a temporary CDO to get your house in order, or you may develop other ways to get the job done.

Whatever approach you choose, you need to create appropriate levels of digital technology synergy, brand integration, investment coordination, skill development, vendor management, and innovation over the long term.

In an increasingly digitizing business world, most companies need better digital leadership and coordination. You need to create a compelling digital vision, coordinate digital investments, drive appropriate synergies, build a clean technology platform, and foster innovation. You need to energize a busy workforce and generate shared understanding in your senior executive team. 

DDoS Security Checklist

Help I am under DDoS!! What should I do?

DoS or Denial of Service is an attempt to make a machine or network resource unavailable to its intended users. When such a DoS is carried out by a large number of attack sources, it is called DDoS or Distributed Denial of Service.

Basic types are:

• Consumption of computational resources
• Disruption of configuration information
• Disruption of state information
• Disruption of physical network
• Disruption of the communication media between the victim and its intended users.

How can I prevent DDoS?

While it would be incorrect to say that DDoS attacks can be prevented, the impact can be mitigated and even thwarted if your IT infrastructure is sufficiently hardened, distributed and secured. We have listed some of the preventive steps below:

• Use rate-limiting in firewalls, routers, load balancers and other network perimeter devices.
• Enable TCP SYN cookie protection.
• Test your applications and deployment architecture for DoS vulnerabilities and fix them.
• Conduct regular configuration audits of your perimeter devices.
• Use updated software/firmware
• Use updated Anti-virus and regularly check for malware, bots on your systems. (This way you are less likely to contribute to DDoS on others).
• Use multiple ISPs or hosting providers for redundancy.
• Maintain a backup site for quick switchover.
• Install or configure network monitoring systems which can alert you as soon as any DDoS hits.
• Check with your ISPs or hosting providers how they handle DDoS and be aware of financial implications in case you are hit with a massive DDoS.

Dealing with a DDoS underway is incredibly difficult. The first step should be to try to understand the type and source of the attack. Understanding the attack type greatly helps in effectively dealing with the attack. Some of the things that you may consider are:

• Blackholing and sinkholing
• Enable rate-limiting in firewalls, routers, load balancers and other network perimeter devices.
• Obtain a new IP address or range from your ISP or hosting provider if the attacker is targeting an IP address or range. If you have multiple ISPs then try switching your primary ISP.
• Switch to something like Akamai, Cloudflare or Incapsula who have known expertise to handle DDoS.

What to do post the incident?

• Conduct a root cause analysis and ensure that no other malicious activity was done on your servers other than DDoS.
• If blackholing or sinkholing was done, restore the same.
• If the preventive measures listed above are missing, you may consider implementing some of them to be better prepared.

Beware - Trojans on Google Play Infected Up to 25,000 Devices

Malicious Apps were designed to send text messages to premium numbers

Researchers at Russian anti-virus company Doctor Web recently uncovered three malicious Android apps on Google Play that install the Android.SmsSend Trojan, which sends text messages to premium numbers without the user's permission.

All three apps, which are audio players and a video player that displays adult content, were uploaded by a Vietnamese developer called AppStore Jsc.

According to Doctor Web, the apps have been installed between 11,000 and 25,000 times.

Each app asks the user for permission to download additional content, such as adult video clips in the case of the video app -- but that download the installs the Trojan.

"The program covertly sends short messages to the short number 8775 which is specified in the malware's configuration file," Doctor Web notes.

"It is noteworthy that this Trojan really does enable a user to view adult video clips. Apparently, the attackers implemented this feature to avoid unnecessary suspicion."

NIST Updates Malware & Patch Management Guideines

First Revisions to Both Publications in Eight Years

The National Institute of Standards and Technology has published new guidance on malware incident prevention and handling for desktops and laptops as well as enterprise patch management technologies.

NIST Special Publication 800-83 Revision 1, "Guide to Malware Incident Prevention and Handling for Desktops and Laptops," provides recommendations for improving an organization's malware incident prevention measures. The publication also gives extensive recommendations for enhancing an organization's existing incident response capability so that it is better prepared to handle malware incidents, particularly widespread ones. Malware is the most common external threat to most hosts, causing widespread damage and disruption and necessitating extensive recovery efforts.

SP 800-40 Revision 3, "Guide to Enterprise Patch Management Technologies," provides an overview of enterprise patch management technologies. It also briefly discusses metrics for assessing the technologies' effectiveness. The publication is designed to assist organizations in understanding the basics of enterprise patch management technologies. Patch management is the process of identifying, acquiring, installing and verifying patches for products and systems.

NIST also issued SP 800-165, "2012 Computer Security Division Annual Report," which highlights the activities of NIST's Computer Security Division during fiscal year 2012, which ended Sept. 30.

The Biggest Threat To Enterprise Is The Thumb Drive

How did Iranian nuclear facilities was destroyed? With a thumb drive. And how did Snowden allegedly smuggle out the blueprints to the NSA? With a thumb drive.

No, it wasn't by some ultra secretive means of super-complex cyber code writing and cloud encryption by which good ol' Eddy breached America's security in arguably the most secure compound on the planet — nope — he simply walked in with a thumb drive, downloaded the NSA, and walked out.

Carl Weinschenk of IT Business Times breaks down how bad a threat flash drives can be:

The U.S. Department of Homeland Security ran a test in which staffers dropped flash drives in the parking lot of government and contractor buildings. Sixty percent of folks who picked them up simply plugged them into networked computers. That percentage jumped to 90 percent if the drive had an official logo.

The Washington Times breaks down the threat further by reminding everyone that a "number of commercially available programs can switch off the USB port of every computer on the network."

NSA officials “were laying down on their job if they didn’t disable the USB port,” an unnamed government IT the specialist told the Washington Times, referring to the small socket on the side of a computer where thumb drives are plugged in.

Organizations, whether they're public or private, have had difficulty enforcing Bring Your Own Device security measures now for a number of years. Certainly there are places in government buildings where there are NO recording devices or storage devices allowed under ANY circumstances.

Regardless, Snowden managed to get one in and get one out.

The Risk of Data on Mobile Devices & in the Cloud

Ponemon Institute research finds that 69% of respondents listed mobile devices as posing the greatest risk

A recent study by the Ponemon Institute, The Risk of Regulated Data on Mobile Devices and in the Cloud, sponsored by WatchDox, reveals a stunning need for improvement on managing the risks of mobile devices and cloud computing services.

The survey involved 798 IT and IT security practitioners in a variety of organizations including finance, retail, technology, communications, education, healthcare, and public sector, among others.

The study concluded that “[t]he greatest data protection risks to regulated data exist on mobile devices and the cloud.” 69% of respondents listed mobile devices as posing the greatest risk followed by 45% who listed cloud computing.

Some other key findings include:

• Only 16% of respondents said their organization knew how much regulated data “resides in cloud-based file sharing applications such as Dropbox, Box, and others.”
  
• Only 19% said their organization knew how much regulated data was on mobile devices.
  
• Only 32% believed their organizations to be “vigilant in protecting regulated data on mobile devices.” Nearly three quarters said that employees didn’t “understand the importance of protecting regulated data on mobile devices.”
  
• 43% of organizations allow “employees to move regulated data to cloud-based file sharing applications.”
  
• Although 59% of organizations permit employees to use their own mobile devices “to access and use regulated data,” only about a third have a bring your own device (BYOD) policy.
  
• In the past two years, the average organization had almost 5 data breaches involving the loss of theft of a mobile device with regulated data on it.

What are the risks?

1. Unsafe Security Practices: With their own mobile devices and with their own cloud service provider accounts, employees might engage in unsafe security practices. Mobile devices might not be encrypted or even password-protected. When using cloud services, employees might not have the appropriate settings or an adequately strong password. They might not understand the risks or how to mitigate them.
   
2. Choice of Cloud Service Provider: There are many cloud service providers, and they vary considerably in terms of their privacy and security practices. Cloud service providers may not have adequate terms of service and may not provide adequate privacy protections or security safeguards.
   
3. Regulatory Troubles: If an employee of a HIPAA covered entity or business associate shares protected health information (PHI) with a cloud service provider, a business associate agreement is likely needed. Employees who just put PHI in the cloud might result in their organization being found in violation of HIPAA in the event of an audit or data breach.
   
4. The Ease of Sharing: Sharing files is quite easy with many cloud providers – sometimes too easy. All it takes is a person to accidentally put regulated data into a shared file folder, and . . . presto, it will be instantly shared with everyone with permission to view that folder. One errant drag and drop can create a breach.
   
5. The Ease of Losing: If you don’t carry an umbrella on an overcast day, it surely will rain. And if you put regulated data on a mobile device without adequate protection, that device will surely be lost or stolen. Call it “Murphy’s Mobile Device Law.”

What should be done?

1. Educate the Cs: The C-Suite must be educated about these risks. These are readily-preventable risks that can be mitigated without tremendous expense.
   
2. Develop Policies: The study indicates that there is often a lack of policies about the use of mobile devices and cloud. There should be clear written policies about these things, and employees must be trained about these policies.
   
3. Educate the Workforce: Everyone must be educated about the risks of mobile devices and cloud and about good data security practices. According to the Ponemon Study, “Respondents believe that most employees at one time or another circumvent or disable required security settings on their mobile devices.” Employees must know more about the risks of using unapproved cloud service providers, as well as the special risks that cloud service applications can pose.
   
4. Instill Some Fear: The study reveals that almost systemically at most organizations, the risks of mobile and cloud are underappreciated and often ignored. There needs to be a healthy sense of fear. Otherwise, convenience will win.

The Ponemon Study reveals that there is a long way to go before most organizations adequately address the risks of mobile and cloud. The problem runs deeper than the fact that these risks are hard to redress.

The problem seems to stem from the fact that the risks are woefully underappreciated by many in organizations, from the top to the bottom. That has to change, and soon.

Beware of Gumtree Scam: Scammer Targeted More Than 300 People on the Gumtree

Reports have emerged of series of scams, affecting people across Australia with similar scams on Gumtree

A male scam artist searches the wanted advertisements on site and then contacts the poster to say he has the item they are seeking.

The man then asks where the buyer lives and states he also lives nearby, but is working interstate so is unable to drop the goods off in person. Once the money is transferred to his account he ceases contact.

The scams have involved the attempted purchase of goods including mobile phones, iPads, electronic tablets and gift cards from stores including Coles, Myer and JB Hifi.

Reports of online scams can be made to the Australian Competition and Consumer Commission via www.scamwatch.gov.au or your specific country scamwatch website.

Cyber Protection of Critical Infrastructure is becoming "Imperative"

ABI Research estimates that cyber security spending for critical infrastructure will hit $46 billion globally by the end of 2013

The digitisation of critical infrastructures has provided substantial benefits in terms of socio-economic developments – improved productivity, better connectivity, greater efficiencies. Yet some of these attributes also carry significant risks. Always-on Internet connectivity has ushered in a new cyber-age where the stakes are higher.

Disruption and destruction through malicious online activities are the new reality: cyber-espionage, cyber-crime, and cyber-terrorism. Despite the seemingly virtual nature of these threats, the physical consequences can be quite tangible.

The cyber protection of critical infrastructure has become the most immediate primary concern for nation states. The public revelation of wide-spread state-sponsored cyber-espionage presages an era of information and cyber warfare on a global scale between countries, political groups, hacktivists, organised crime syndicates, and civilian society – in short, to anyone with access to an Internet-connected device. The focus on cyber security is becoming imperative.

While some industries have had highly advanced cyber-defense and security mechanisms in place for some time (i.e. the financial sector), others are severely lacking and only just starting to implement measures (i.e. energy, healthcare). The drivers for the market in related products and services are numerous, but in large part many will be propelled by national cyber security strategies and policies.

ABI Research estimates that cyber security spending for critical infrastructure will hit $46 billion globally by the end of 2013. Increased spending over the next five years will be driven by a growing number of policies and procedures in education, training, research and development, awareness programs, standardisation work, and cooperative frameworks among other projects.

This Market Data on “Critical Infrastructure Security” breaks down spending for eight verticals: Defense, Energy, Financial, Healthcare, ICT, Public Security, Transport, and Water and Waste Management. The data is split by region (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa), by sector (private/public) and by type (product/service).

These findings are part of ABI Research’s Cyber Security Research Service.

Cyber Threats: Trends in Phishing and Spear Phishing

Phishing is a global problem for businesses as well as individuals, targeting 37.3 billion people globally in the past year

Most of us have wisened up to basic scams and know better than to accept a Nigerian prince's offer of money, or a miraculous win on a Spanish lottery that you can't quite remember entering. But cyber criminals are raising their game and have evolved their tactics to target the more cyber-aware for greater returns.

Sophisticated 'spear phishing' attacks can be hard to spot by the experts; even the largest of organisations is not immune. What chance does this provide the average company or employee, let alone those who use computers infrequently?

Spear phishing is not random – cyber criminals identify employees within a target organisation and use social engineering tactics to construct a legitimate looking email. The FBI have warned business to be more aware of spear phishing tactics, as hackers target employees with administrative rights or access to critical systems.

91% of APTs (advanced persistent threats) start with phishing attacks and success could give cyber criminals the 'keys' to bypass security and initiate further attacks. Clicking a link doesn't mean that you are immediately compromised; phishing is part of a larger attack.

Hackers need to expose a system vulnerability and be able to install software quickly and quietly. However, cyber criminals use advanced tactics to disguise malicious attachments and sites to trick users into further action.

This infographic by Via Resource highlights trends and targets in phishing attacks.

Forecast on Top Trends in Data Breach, Privacy and Security

12 trends in privacy and security

First identified as an industry issue a decade ago, data breaches are now part of the consumer vocabulary. Data breaches have evolved from credit card fraud with financial consequences to medical identity theft with life-threatening implications.

According to leading experts, the frequency, severity, and impact of data breaches are expected to escalate. Industry experts :

1. Global criminals: Criminals are now globally connected and increasingly part of organized crime rings.

2. Advanced persistent threat (APT): APT is the biggest threat to organizations, whereby hackers gain access to a network and remain there undetected for a long period of time.

3. Malicious attackers: Hacktivists and national states have an advantage over today’s defenders of corporate data and IT infrastructure.

4. Breaches affect everyone and everything: Breaches affect large and small businesses of all kinds, regardless of sophistication, and high- and low-tech information.

5. Information can be infinitely distributed, causing limitless damage: The electronic health information privacy breach epidemic is an unanticipated “game changer” in that health information can be stolen from anywhere in the world, distributed to an infinite number of locations for an infinite period of time and can cause limitless damage.

6. Increased enforcement risk: Regulators at both the federal and state levels in many foreign countries have become, and will continue to be, increasingly aggressive in investigating security breaches and obtaining substantial monetary settlements or penalties from responsible organizations.

7. Identity theft will not go away, until the issue of identity is solved: "Identity-proofing" consumers involves verifying and authenticating with numerous technologies, and the flexibility of consumers to recognize a slight trade-off of privacy for security.

8. Real-time prevention: The rate of exposure for personally identifiable information is now so great, we must concede that the data itself is no longer able to be protected. Our defensive strategy must now shift to real-time prevention of the abuse of this sensitive information by criminal elements.

9. More digital devices and technologies, to digitize personal data: Drones, utility smart meters, automated license plate readers, and more powerful facial recognition software - all used to collect and digitize consumers' sensitive personal data - will provide more opportunities for government to resell consumer data, forcing consumers to demand better privacy protections and read/approve/decline company privacy statements.

10. Many data breaches are avoidable if commonsense security practices are in place: In recent cases where companies experienced data breaches, the companies' security practices did not protect against even readily foreseeable threats. Companies need to use “reasonable and appropriate security measures” for handling consumers’ personal information.

11. Long-term monitoring: Data obtained by hacking, theft or unauthorized access, isn't always used immediately by the perpetrators. Organizations need to develop a tactical plan for incident response that includes persistent, long-term diligence and monitoring, due to the possibility of lag time that can occur between the time of the breach and the fraudulent use of consumer information.

12. Continued business naiveté: Corporations continue their delusional belief that data security and cyber privacy are a byproduct of purchasing better technology. It helps, but it's the human beings using the technology correctly (or not, in the case of most breaches) that actually delivers results. Forward-thinking companies will focus assets on training the stewards of their valuable data.