Cisco – Reporting & Investing

SAN JOSE, Calif. – Jan. 20, 2011 – In a major online crime turning point, scammers are shifting their focus away from Windows-based PCs to other operating systems and platforms, including smart phones, tablet computers, and other mobile platforms, according to the Cisco 2010 Annual Security Report.  The report finds that 2010 was the first year in the history of the Internet that spam volume decreased, that criminals are investing heavily in “money muling,” and that people continue to fall prey to trust exploitation.

Cisco has also announced in an unrelated story, that it has invested in Tilera, a developer of multicore processors for cloud computing and communications.  Tilera is operating “near break-even” and expects to reach profitability later this year.  The $45 million round of investments will accelerate development of its 4th-generation processor line, expand sales and marketing, and develop new products.

CIO

Cisco Report Highlights:

The second annual Cisco Cybercrime Showcase presents 2 awards for 2010:

  • Outstanding contributions of a security professional – Thorsten Holz, Ruhr-University
  • Most threatening malware, the “Evil,” Stuxnet.

The Cisco CROI “Cybercrime return On Investment” Matrix analyzes types of online crime that criminals are predicted to channel their resources toward in 2011.  The matrix predicts that data-theft Trojans, easy-to-deploy Web exploits, and money mules will continue to rise in prevalence in 2011. Social networking scams, on the other hand, will not see a large investment of resources in 2011, despite ranking in last year’s report in the “Potentials” category.  That doesn’t mean these scams are declining; they are simply becoming a smaller part of a bigger plan — launching Web exploits like the Zeus Trojan and fake anti-virus (Scareware) attacks.

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