“Cybercrime moves to the cloud”


Proof that there is always risk with technology despite advances.

The same flexibility and freedom companies get from having their software and services hosted in the cloud is enabling cybercriminals to conduct highly automated online banking theft — without doing much of the necessary information processing on their victims’ own computers.Security and privacy experts have long worried that criminals would launch attacks on the servers storing the data in cloud environments. But, a report released this week from McAfee and Guardian Analytics shows that criminals are now using the cloud infrastructure itself to get more capability out of their campaigns.”They are leveraging the cloud,” Brian Contos, senior director of emerging markets at McAfee, said in an interview. “This is the first time we’ve ever seen this.”

Read all the details:  Cybercrime moves to the cloud | Security & Privacy – CNET News.

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About brvanlanen

Just a thirty-something guy currently hanging it up in the greater Green Bay area. My post-high school educational background is mainly in the Information Technology field. Specifically I have an A.A.S. in Computer Network Systems and a B.S. in Information Systems Security, both from ITT Technical Institute, in addition to A and MCDST certifications. In my free time I enjoy spending time with my family, cooking and sports. My Christian faith is also important to me as a Missouri-Synod Lutheran and all my children attend a Lutheran grade school. When it comes to political leanings I am a conservative first and foremost which you will discover rather quickly. As for sports I am a huge fan of the Green Bay Packers.

Posted on July 2, 2012, in attacks, Cloud computing, Cybersecurity, malware, Security and tagged , , , , , , , . Bookmark the permalink. Comments Off on “Cybercrime moves to the cloud”.

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