On behalf of Silver Tail Systems, I’d like to begin this blog post by wishing all of you a very Happy New Year. 2011 has come and gone, and with 2012 officially upon us, that can only mean one thing: new cyber threats. Of course that’s not all 2012 will bring, but it is forecasted to be a top concern for banks, federal organizations, and e-commerce sites worldwide. In fact, according to Gartner, financial impact of cybercrime will grow 10% per year through 2016, due to the continuing discovery of new vulnerabilities.
We closed out the 2011 holiday season with Anonymous announcing its intention to steal from banks and “bring happiness and gratitude to families around the globe” with its ‘DestructiveSec’ campaign and with that, security experts predict more pain from cybercriminals for the coming year. This is only one group of threats, and many others – particularly in the mobile arena – will remain a priority for cybersecurity professionals and vendors throughout 2012.
The role that web session intelligence plays in the detection and prevention of online fraud is increasingly important as the use of web-based applications expands and I believe this needs to be a key focus area for 2012. Visibility into the Navigation Layer is so important because it better enables organizations to determine whether or not they need to report a potential risk or attack, and ideally limits the exposure to the attack.
January will mark the launch of the National Critical Infrastructure Cybersecurity Education Initiative, which aims to develop cybersecurity education programs between the private and public sectors. With both private and public companies today undergoing a very real shift in the online security landscape, I believe it is imperative to protect the freedoms and rights of US citizens while protecting their electronic safety. We may not be able to guarantee networks are completely bullet-proof, but we can help fight cybercrime by being more proactive. It is no longer sufficient to monitor only the web pages that support online transactions. Instead, we need to monitor every click on a website to ensure the criminals aren’t finding new means for perpetrating their attacks. By detecting and stopping threats in real-time, we can minimize the impact of cybercriminals and continue to safeguard sensitive computing networks and platforms.
Tagged: Fraud, information security, Man-in-the-Browser
