Thursday, January 17, 2008

Cyber-espionage spilled from governments into the private sector

What is YOUR exposure to being a target of cyber criminals? What information does your company have, that when put together with the information from a hundred other companies, could be used against you or against the security of the US?

 

More importantly, would you know if your company information is already actively being compromised?

 

-DT

 

Article found in InfoWorld, Jan 15, 2008

 

Cyber-espionage moves into B2B

The SANS Institute says that cyber-espionage has spilled from governments into the private sector and that it will expand in international business in 2008

 

Excerpt:

The practice of cyber-espionage is rapidly moving beyond the government sector and finding its way into the world of international business, according to experts with SANS Institute, one of the world's top IT security training organizations.

 

While the United States and Chinese governments, most notably, have accused each other in recent years of carrying out surreptitious hacking campaigns aimed at stealing strategic information from their respective IT systems -- and many security experts believe that both countries, and many others, are actively engaging in such electronic warfare -- leaders with SANS maintain that the practice has recently begun to spill over into the private sector with greater frequency.

 

According to the training institute's latest research, cyber-espionage efforts funded by "well-resourced organizations" -- including both government-backed and private efforts -- will expand significantly during 2008, in particular as overseas companies look to gain an upper hand in negotiating business deals with large companies based in the U.S. and Europe.

 

Link: http://www.infoworld.com/article/08/01/15/Cyber-espionage-moves-into-B2B_1.html

 

 

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