Cybercriminals Ditch Mass Spam For Targeted Attacks
13 years, 8 months ago

Cybercriminals Ditch Mass Spam For Targeted Attacks

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In the complex and ever-changing landscape of online crime, cybercriminals have made a fundamental shift in strategy, abandoning traditional mass spam attacks in favour of personalised attacks with a greater financial impact on targeted organisations, according to a new security report from Cisco. Research conducted by Cisco Security Intelligence Operations shows the trend toward increased targeted attacks featuring highly customised threats containing malware that are directed at a specific user or group of users for intellectual property theft. Spearphishing attacks, though more costly to mount and lower in volume than mass spam attacks, also pose serious consequences for today’s enterprises. Law enforcement efforts are making mass spam attacks less appealing to cybercriminals, who are thus spending more time and effort focusing on different types of spearphishing and targeted attacks,” said Nick Edwards, director of Cisco’s Security Technology Business Unit.

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