There is good news and bad news in this year’s X-Force 2010 Trend and Risk Report from IBM. The good news is that it seems that spam and phishing attacks are leveling off. Also, mobile devices have not been compromised in any big way, yet. The bad news is that IT security threats are getting increasingly sophisticated and targeted.
Based on intelligence gathered through research of public vulnerability disclosures, and the monitoring and analysis of more than 150,000 security events per second during every day of 2010, the observations from the IBM X-Force Research team finds that more than 8,000 new IT security vulnerabilities were documented, a 27 percent rise from 2009.
Public exploit releases were also up 21 percent from 2009 to 2010. This data points to an expanding threat landscape in which sophisticated attacks are being launched against increasingly complex computing environments.There seems to be a declining interest in spamming. IBM reports the historically high growth in spam volume leveled off by the end of 2010. This indicates that spammers may be seeing less value from increasing the volume of spam, and instead are focused on making sure it is bypassing filters.
Spam volumes peaked, and then leveled off — In 2010, spam volumes increased dramatically, reaching their highest levels in history. However, the growth in volume leveled off by the end of the year. In fact, by year’s end, spammers seemed to go on vacation, with a 70 percent decline in traffic volumes occurring just before Christmas and returning early in the new year.
There were significantly fewer mass phishing attacks relative to previous years, but there has been a rise in more targeted attack techniques. Although phishing attacks still occurred, the peak volume of phishing emails in 2010 was less than a quarter of the peak volumes in the previous two years. This may indicate a shift toward other, more profitable, attack methodologies such as botnets and ATM skimming.
Despite this decline, “spear phishing,” a more targeted attack technique, grew in importance in 2010, as meticulously crafted emails with malicious attachments or links became one of the hallmarks of sophisticated attacks launched against enterprise networks.
2010 saw some of the most high profile, targeted attacks that the industry has ever witnessed.
For example, the Stuxnet worm demonstrated that the risk of attacks against highly specialized industrial control systems is not just theoretical. These types of attacks are indicative of the high level of organization and funding behind computer espionage and sabotage that continues to threaten a widening variety of public and private networks.
Thailand Approves Latest Economic Relief Package for Businesses
Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will go towards an ‘asset warehousing’ program whereby debtors can use their assets as loan collateral but will have the right to redeem their assets under a specific time frame.
Thailand BOI approves Biotech Projects Worth 2.4 Bln Baht ($78 million)
The biotechnology sector is part of the so-called BCG model (Bio, Circular and Green economy) which the Thai government has set as a priority to lead the post-Covid 19 recovery.
The Thailand Board of Investment (BOI) said today it has recently approved new projects in the field of advanced biotechnology, worth a combined 2.4 billion baht (around USD78 million) in investment, reflecting the increased interest of local and foreign investors in the country’s biotech sector.
Asia-Pacific sees 3.9% growth in deal activity in February 2021
The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company.
Subscribe via Email
Developing Asia growth set to rebound to 7.3% in 2021 (ADB)
Thailand slow vaccination progress coupled with a surge of infections has prompted Kasikorn Research Centre to lower its growth projection...
Thailand extends the 7,000 baht “Rao Chana” scheme to 33.5 million Thais
The Ministry of Finance said that the new proposal will increase the number of people eligible for the “Rao Chana”...
Bangkok falls 19 places to 49th most expensive location worldwide
Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major...
Thai fruit exports to FTA markets up 107 percent
China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian,...
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage...
3 Reasons to Be Optimistic About the Baht Right Now
Probably one of the most important factors for the rise of the Baht is the continued weakness of the US...