The Economy Fuels Cyber Crime

According to the Internet Crime Complaint Center (IC3),emerging technologies that are driving the information
cyber crime was up in 2008, and if the first fewsecurity industry to evolve and adapt-and how these
months of 2009 is anything to go by, this trend is notforces provide an opportunity for "inventive
only continuing, it is accelerating.collaboration" to effectively restructure the information
As the country slides into recession, early indicators forinfrastructure.
2009-February to March 2009-shows an additional"To combat the cybercriminals requires far more
50% increase in reported Internet fraud complaints.purposeful collaboration on the part of the industry and
"These numbers are shocking, but given that the vasta strong security ecosystem built around a common
majority of incidents go unreported, the threat ofdevelopment process focused on risk," said Coviello.
identification theft is actually much more serious than"Today's security technologies are applied as
even these figures would lead us to believe," saysindependent applications cluttering the information
Justin Yurek, President of ID Watchdog, Inc. Commonlandscape and leaving perilous gaps of risk."
wisdom says that only one cyber crime in seven-orCoviello cited three major forces driving the information
about fifteen percent-is actually reported.security industry to evolve and adapt, including:o the
Internet fraud includes everything from bogus sales onchallenge posed by the criminal threat;o the demand
auction sites such as eBay and classified sites likeupon enterprises and governments to achieve
craigslist.com, to smaller scale version of the Ponziunprecedented levels of productivity to restore value
scheme perpetrated by disgraced New York financierto the faltering economy; ando the opportunity to
Bernard Madoff.rethink the approach to security based upon emerging
As an example, a scam recently surfaced via e-mailstechnologies and trends such as virtualization, cloud
that masquerade as originating from the FBI and othercomputing and social networking.
federal agencies seeking the recipient's bank accountAccording to Coviello, "We must embrace a common
information in order to "help with illegal wire transferdevelopment process that allows us to create a more
investigations." Sweet.secure infrastructure today. Then with an eye on the
The Recession Impactfuture we can ensure that the new technical
Many observers put the continued surge in cyberinfrastructure is designed around that process, rather
crime down to the recession, and for several reasons.than forcing a process around a collection of
As reported by the TechArena Forum , McAfee fortechnologies.
one, in their annual McAfee Virtual Criminology"We must develop a stronger and healthier
Report-which examines emerging global cyber securityecosystem than the fraudsters and ensure the fluid
trends, with input from leading academics, criminaland frictionless exchange of information on which our
lawyers, law enforcement authorities and securityglobal economy depends. It's not about changing the
experts across the world-identified the followinggame; it's about winning the game," said Coviello.
challenges:Educating the Individual
The Cyber Credit Crunch - The cyber criminal is nowHowever, it does not matter of safe our hardware
trying to cash in on consumer anxiety to profit fromand software becomes, if the individual citizen,
old-fashioned "get rich quick" scams.desperate for money-and reaching for digital straws,
Meaning, that there are now people who voluntarilyas it were-believes that perhaps this Nigerian Prince
sign up to add malicious code to their websites, luredreally does exist and really does want to spit his $2
by the promise of easy money. At the same time,Million 50/50 if only he were to help him.
desperate job seekers are being recruited as "moneyAnd by the same token, scouring the Internet for the
mules" to launder cybercriminal gains under the guisebest deal, and finding some that are (in fact) too good
of "international sales representatives" or "shippingto be true, he may pounce on them, not only losing his
managers."money in the process, but also his credit card number
In addition, with the economic downturn driving moreand other private information.
people to the web to seek the best deals,The same holds true for many "work-at-home"
opportunities for cybercriminals to attack are on theopportunities that only require a small $300 payment
rise as people are more easily drawn in.for the material you will need to make "thousands a
Governments are distracted - As governments growweek from your kitchen." You've seen them. Well, as
more and more preoccupied with the economicoften as not, you will not even receive the material,
downturn, their fight against cyber crime slides downand by the time you've wised up, your card has been
their agenda, inviting more and more audaciouscharged, your money gone.
individuals onto the cyber crime field.The time to wise up is now.
The Cybercop Shortage - It is a known fact that policeInternet Commerce Made Safe
forces on the cyber crime front line often lack theAs we all know, at least during some of our more
specialist skills required to effectively fight theserational moments-the "too good to be true" deal is
criminals.often precisely that. But that is not to say that there
Furthermore, the lack of dedicated and ongoing training,are no good deals out there. In fact, the Internet is
sufficient remuneration, or even a clear career path, isprobably the marketplace that to a large extent will pull
causing cyber crime specialists to be lured into thethe economy out of its slump, precisely because it is
more lucrative private sector or even into undergroundreplete with good deals and true opportunities.
economies.But how to tell the good from the bad?
Criminality Concealed - Eastern Europe, Russia andAccording to the IC3, the best way to guard against
China have become key safe havens forInternet facilitated scams is to stay informed. Keeping
cybercriminals while Brazil has become one of theinformed of the latest scams on the Internet may
fastest growing scapegoat countries for cybercrime.enable Internet users to recognize and report these
Traffic is often re-routed (and often via Brazil) as ascams instead of losing money or their identity
decoy causing considerable misdirection in the origin ofinformation in one of them. To learn about the latest
attacks.scams, they recommend periodically checking the IC3,
Information Silo - While law enforcement is bound toFBI, and the FTC websites for the latest updates.
physical national boundaries, cybercriminals are free toAdditionally, the IC3 and its partners have launched a
cooperate across borders.public website, " which briefs the consumer about
Law enforcement communication between countriesvarious consumer alerts, tips, and fraud trends. Pay it a
remains inconsistent and limited. Local issues andvisit. Make it a habit.
priorities take precedence over global efforts andAlso, when it comes to online auctions, and the
international laws are being implemented with regionalpotential of non-delivery of goods that you've paid for,
variations that impede the ability to negotiate jurisdictionthe IC3 makes these specific recommendations:o
and extradition between countries.Make sure you are purchasing merchandise from a
This is an environment that plays right into the hands ofreputable source. As with auction fraud, check the
the cyber criminal, much to the frustration of cyberreputation of the seller whenever possible, including the
police.Better Business Bureau.o Try to obtain a physical
Microsoft's Takeaddress rather than merely a post office box and a
As reported by RedOrbit Microsoft shares McAfee'sphone number. Also, call the seller to see if the number
view that the global recession could prove to be ais correct and working.o Send them an e-mail to see if
starting point for an influx of more cyber criminalsthey have an active e-mail address. Be cautious of
seeking to use their computer skills to earn extrasellers who use free e-mail services where a credit
money.card was not required to open the account.o
"Today these (cyber) attacks are no longer aboutInvestigate other websites regarding this person
vandalism, they are about cash," says Roger Halbheer,company. Do not judge a person/company by their
Microsoft's chief security advisor for Europe, thefancy website; thoroughly check the person/company
Middle East and Africa.out.o Be cautious when responding to special offers
"Cyber crime has gone from cool to cash. And this will(especially through unsolicited e-mail).o Be cautious
definitely grow in the future," he told AFP (Agencewhen dealing with individuals/companies from outside
France-Presse) during a recent internationalyour own country. Remember the laws of different
conference on terrorism and cyber security in Spain.countries might pose issues if a problem arises with
"At the moment we are still at the cool side. But I'myour transaction.o Inquire about returns and warranties
expecting it to move to the cash side."on all items.o The safest way to purchase items via
He then went on to add that it is, "one of the thingsthe Internet is by credit card because you can often
that scare me about the economic downturn becausedispute the charges if something is wrong. Also,
I expect cyber crime to grow."consider utilizing an escrow or alternate payment
Also, the current economic crisis is causing a largeservice after conducting thorough research on the
number of layoffs, many of them from tech firms,escrow service.o Make sure the website is secure
meaning that more and more computer experts willwhen you electronically send your credit card numbers.
have a lot of time on their hands, but no money.Bona Fide vs. Fraudulent Online Escrow Companies
Tempting.If you have found a good online deal and are now
Fixing any and all security issues in software, does notready to purchase, it would serve you very well to
solve the problem for, "Unfortunately the bad guystake IC3's recommendation and engage an online
don't give up and go away. Instead they increasinglyescrow service.
focus on crimes of deception that prey on humanThe problem is that while there are several bona fide
vulnerabilities rather than software vulnerabilities."online escrow sites, they are nowhere near as many
A Law Enforcement Perspectiveas there are fraudulent ones.
Lt. Rocky Costa, who until recently headed up theSo, how can you be sure that the escrow company
Southern California High Technology Task Forceyou're considering using is in fact what it says it is?
agrees. "In fact, law enforcement has always seen aYou must research it. First, do a WHOIS search on the
rise in all sorts of theft crimes when the economydomain. This will show you how long the site has been
goes south. The crooks look to fraud as the best wayup, where it is being hosted, how many times the site
to separate folks from their money. People are mosthas been taken down. These are clues. If it smells
vulnerable when money is tight and they are looking tofishy at all to you, go elsewhere.
save their homes, savings, retirements, and often, theirThen Google the name of the escrow company to
families.see what gives. This will lead you to forums and other
"They become easy prey to the con-artist who hasarticles. Study them well.
no sense of right and wrong, but knows how toThen, when you have found a site that appears
capitalize on human weaknesses. You see the conlegitimate, travel the extra mile and take one of several
artist makes a living studying people and theiradditional steps:o Firstly, while fraudulent sites can buy
behaviors. They know their success rate will increasethe necessary certificate to make it a secure site, they
as the economy tumbles and/or the recession climbs.seldom do;o Secondly, you can check at to see if the
Since a vast number of folks use technology daily, it issite you have decided on is listed as a fraudulent site
only natural to expect technology to be anotherby them; they also maintain a list of bona fide sites;o
weakness and another method for exploitation.Thirdly, you can call the site's customer service
"Historically, the number of street robberies goes up,department to make sure they are based in the United
along with shoplifting, and burglaries as the moneyStates. If you have any doubts about that, ask them to
becomes scarcer. Although we have not yet seencall you back, and check the caller ID-if it is an
these increases at the lab, we fully expect them.international call, beware. Also, if the site does not have
However, with the current economy, even governmenta customer service department, again, beware;o Once
must begin to cut back. When they do, technologyyou know that you're talking to a U.S. based service
based crimes slide down the priority list in favor ofdepartment, ask any questions you can think of to
these more visible types of theft.ensure they are legitimate, such as which bank are
"People need to stay vigilant in the face is despair,they using for their escrow accounts, and who is their
holding onto their values and good judgment will be themain contact at that bank (whom you can then call to
only way they will be able to fully protect what theyverify that this online escrow company does in deed
have left, until we all see around the corner."have an escrow account there);o If the answer is a
A Call to Actionwell-known American bank, and if the customer
According to the RSA Press Release of Tuesday,service rep can supply contact information at the bank,
April 21, 2009:you are 99% there. Then, if you want to reach 100%,
During the opening keynote at RSA Conference 2009make that final call to the bank to rule out any vestige
Art Coviello, President of RSA, The Security Divisionof doubt.
of EMC, cautioned that the global cyber-threatNow you have found an online escrow company you
continues to escalate and online fraudsters are morecan trust; register with them and enjoy your purchase.
organized, collaborative and effective than ever. HeHere's to good and safe Internet deals.
addressed major forces such as the economy and