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The security firm McAfee Labs has recently released their fourth quarter "threat report_" which clearly warns of a "_burgeoning cybercrime industry_" and how it functions as the supplier of "_malicious code_, "misuses "_legitimate code-signing certificates_, "and is specifically responsible for numerous additional infractions, according to an article published on the Web Hosting Industry Review website. The McAfee report clearly states, according to the article, "_how the cybercrime industry is providing the malware that seems to be behind high-profile attacks."
The article indicates that victimized retailers such as Neiman Marcus, White Lodging, and Michaels Stores are a small group of many that "seem to have been victims of off-the-shelf point-of-sale malware in 2013." These attacks open the door for invaders to "_sell stolen credit card information on the online black market_" where there are approximately "_360 million stolen sets of personal credentials and 1.25 billion email addresses_" available for purchase as well, according to the article. The security firm's report states that "_enabling and monetizing the results of these attacks_" has been a "_key role_" for the cybercrime industry to play in their criminal games, according to the article.
According to the WHIR article, "the McAfee Labs malware zoo_" – a company archive of "_unique malware samples_" – grew to approximately 196 million examples which calculate to a 15 percent increase. Unfortunately, as the article continues to state, "_the number and variety of attacks in the wild seem to be growing." The firm's researchers also found that "compromised devices_" have proven "_profound business security implications_" since many people are allowed by many organizations to "_bring their own devices to work and connect to their networks."
Written by Bryon Turcotte / March 13, 2014