Data Protection How Real Is The Threat Of E-espionage?

Data Protection How Real Is The Threat Of E-espionage?

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What is e-espionage?

'Espionage is obtaining valuable or confidential information by theft, stealth and other illegitimate means, and the

internet is now the most common route. These days, e-espionage or electronic espionage by malware is carried out by

organised syndicates who have broken into targets as diverse as the White House, Google,Data Protection Software vendor Kaspersky and the East Anglia University Climate Research Unit.

Estimates put the cost of e-espionage to US companies at around $300 billion a year, with proprietary information being

gathered by governments, local and international competitors, organizations, criminals, terrorists and individuals. Experts

in Europe estimate that espionage is costing German industry in excess of 50 billion Euros a year.

Mandiant,a specialist security firm working with Fortune 500 companies, says it has seen a dramatic change in information

security incidents. Superbly capable teams of attackers have successfully expanded their intrusions at government and

defence-related targets ... to researchers, manufacturers, law firms, and even non-profits. These attacks use custom malware

designed for e-espionage and which standard security tools usually do not detect. That

is, the likelihood of undetected penetration by this type of attack is high.

Who are likely targets?

Even back in July 2010, ASIO Director David Irvine stated that corporate networks were as much a target for foreign cyber

sleuths seeking to steal Australias secrets as defence and government agencies. On the same day, then Defence Minister John

Faulkner added that, of more than 2400 incidents on networks considered to be medium to high risk in 2009, only 200 were

directly related to defence.

Its not just governments that are at risk of data theft by e-espionage. Victims now include researchers,

manufacturers, law firms and even non-profits so, if you hold information of value, you need to take the threat seriously.Data Protection & eEspionage. If you thought only governments and global corporations had to worry about

e-espionage, its time to think again.


Moving forward to 2011, ASIO has now created a unit to protect Australia's online networks: Known as the cyber espionage

branch,it was formed in the past nine months and is believed to be under the control of ASIO's counter-espionage and

interference division.


About the Author:
Astal Mark writes for Tier-3 that raise your data protection to the highest level with

Huntsman, providing intelligent data protection, threat management and Compliance Payback vs. Pain for government, finance

and critical infrastructure since 1999



Article Originally Published On: http://www.articlesnatch.com


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