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Rise in Cybercrime Activity


Wednesday, 8 March 2006

8 March 2006


Symantec Internet Security Threat ReportTracks Notable Rise in Cybercrime Activity


80 Percentof the Top 50 Malicious Code Samples Could RevealConfidential Information


Symantec Corp. (Nasdaq: SYMC)today released its ninth volume of the Internet SecurityThreat Report, one of the most comprehensive sources ofInternet threat data in the world. The semiannual report,covering the six-month period from July 1, 2005 to Dec. 31,2005, marks an increase in threats designed to facilitatecybercrime.


While past attacks were designed to destroydata, today s attacks are increasingly designed to silentlysteal data for profit without doing noticeable damage thatwould alert a user to its presence. In the previous InternetSecurity Threat Report, Symantec cautioned that maliciouscode for profit was on the rise, and this trend continuedduring the second half of 2005. Malicious code threats thatcould reveal confidential information rose from 74 percentof the top 50 malicious code samples last period to 80percent this period.


"Cybercrime represents today sgreatest threat to consumers digital lifestyle and toonline businesses in general," said Arthur Wong, vicepresident, Symantec Security Response and Managed SecurityServices. "The unparalleled insight this report providesinto how cybercrime is happening and how it can be preventedenables Symantec to help protect the widest variety ofcustomers in the world."


The report also details thegrowing trend of attackers using bot networks, targetedattacks on web applications and web browsers, and modularmalicious code. Based on this and data from previousreporting periods, Symantec expects to see more diverse andsophisticated threats used for cybercrime as well as anincrease in the theft of confidential, financial, andpersonal information for financial gain.


Crimeware ToolsExpand Reach, Function


Cybercrime-related threats aregaining momentum through the use of crimeware, softwaretools built with the purpose of committing online scams andstealing information from consumers and businesses. AsSymantec noted in the previous Internet Security ThreatReport, attackers are moving away from large, multiplepurpose attacks against traditional security devices such asfirewalls and routers. Instead, they are focusing theirefforts on regional targets, desktops and web applicationsthat may allow an attacker to steal corporate, personal,financial, or confidential information; this informationcould then be used for additional criminal activity.


Programs that provide attackers with unauthorised controlof a computer, known as bots, also contribute to the rise incybercrime threats. While the number of bot-infectedcomputers is 11 percent lower than last period -- with anaverage of 9,163 infected systems identified each day duringthe current reporting period -- bot networks are increasinglyused for criminal activities such as denial of service(DoS)-based extortion attempts. Symantec estimates that thismeasurement is only capturing a portion of global activityand that the actual infection numbers are likely to be muchhigher. On average, Symantec observed 1,402 DoS attacks perday, a 51 percent increase over the previous reportingperiod. Symantec speculates that this growth trend willcontinue as attackers leverage an increasing number ofweb-based application and browser vulnerabilities.


In theprevious report, Symantec speculated that attacks directedat web applications would increase. During the currentreporting period, 69 percent of the vulnerabilities reportedto Symantec affected web application technologies, a 15percent increase over the previous period. Web applicationtechnologies, which rely on a browser for their userinterface, present an easier target for attackers due totheir availability over commonly allowed protocols such asHTTP.


Symantec has also seen an increase in modularmalicious code, which initially possesses limitedfunctionality but is designed to update itself with new,more damaging capabilities. Modular malicious threats oftenexpose confidential information that can then be used inidentity theft, credit card fraud, or other criminalfinancial activities. During the last six months of 2005,modular malicious code accounted for 88 percent of the top50 malicious code samples reported to Symantec, up from 77percent last period.


Additional Key Findings


- Chinaexperienced the largest increase of bot-infected computers,with 37 percent growth -- 24 percentage points above theaverage increase -- putting China behind only the U.S. inthis category. The increase is likely related to China srapid growth in broadband internet connections. China alsosaw the largest overall increase in originating attacks;such attacks increased by 153 percent over the last period,marking 72 percentage points above the average increase.Bots may be an increasing source of this activity.


-Phishing threats, which are attempts to deceive users intorevealing confidential information, continued to increaseduring the last half of 2005 while focusing on smaller,regional targets. During the last half of 2005, 7.92 milliondaily phishing attempts were identified, an increase overthe 5.70 million attempts per day in the previous reportingperiod. Symantec expects to see an increase in the number ofphishing messages and malicious code distributed throughinstant messaging services in the future.


- Symantecdocumented 1,895 new software vulnerabilities, the largesttotal recorded number of vulnerabilities since 1998. Ofthese, 97 percent were considered moderately or highlysevere and 79 percent were considered easy to exploit.


-Tohighlight the importance of applying operating system andapplication patches quickly, Symantec assessed the time ittook for attackers to compromise newly installed operatingsystems in standard deployments such as web servers anddesktops. Of the servers, Windows 2000 Server with nopatches had the shortest average time to compromise, whilepatched Windows 2003 Web Edition and both unpatched andpatched RedHat Enterprise Linux 3 were not compromised inthe testing period. Of the desktops, Microsoft Windows XPProfessional with no patches had the shortest average timeto compromise, while the same desktop system with allpatches applied as well as SuSE Linux 9 Desktop were notcompromised.


- With the increased volume ofvulnerabilities discovered, Symantec also monitored thespeed that organisations were able to patch vulnerablesystems. During this reporting period, an average of 6.8days elapsed between the announcement of a vulnerability andthe release of associated exploit code, up from six dayslast period. An average of 49 days elapsed between thedisclosure of a vulnerability and the release of avendor-supplied patch.


Consequently, enterprises andconsumers may be susceptible to potential attack for 42days, highlighting the need for users to patch systems ortake other protective measures as soon as possible. Symantecexpects that the commercialisation of vulnerability researchwill increase, with a growth in black market forums and anincrease in vulnerability information purchased for criminalpursuits.


- Symantec documented a small increase in newWin32 virus and worm variants with 10,992 this period versus10,866 last period. This trend is part of a noticeabledecline in category 3 and 4 threats (moderate and extremelyserious) and a corresponding increase in category 1 and 2threats (low and very low). The number of new Win32 virusand worm families also decreased by 39 percent -- from 170new families in the first half of 2005 to 104 this period.This suggests that malicious code developers may be choosingto modify currently circulating source code rather thandeveloping new threats from scratch.


About the SymantecInternet Security Threat Report


The Symantec InternetSecurity Threat Report provides analysis of network-basedattacks, a review of known vulnerabilities, and highlightsof malicious code and additional security risks. Employingthe Symantec Global Intelligence Network, Symantecidentifies and analyses emerging trends in Internet securityactivity. This unparalleled pool of data includes thefollowing:


- Symantec DeepSight Threat Management Systemand Symantec Managed Security Services: more than 40,000sensors monitor network activity in more than 180 countriesand comprehensively track attack activity across the entireinternet


- Symantec s antivirus solutions: more than 120million client, server, and gateway systems that havedeployed Symantec s antivirus products provide reports onmalicious code as well as spyware and adware


-Vulnerability database: covering more than 13,000vulnerabilities affecting more than 30,000 technologies frommore than 4,000 vendors, Symantec maintains one of theworld s most comprehensive databases of securityvulnerabilities


- BugTraq: one of the most popular forumsfor the disclosure and discussion of vulnerabilities on theInternet, with more than 50,000 subscribers


- SymantecProbe Network: a system of more than two million decoyaccounts, attracting email messages from 20 differentcountries around the world, allowing Symantec to gaugeglobal spam and phishing activity The full report isavailable for download from www.symantec.com. Broadcastmedia can download multimedia fromwww.thenewsmarket.com/symantec. About Symantec


Symantec is the world leader in providing solutions tohelp individuals and enterprises assure the security,availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operationsin more than 40 countries. More information is available atwww.symantec.com.


ENDS
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