Finjan: Layoffs Could Drive IT People To Become Cyber-Criminals

##AUTHORSPLIT##<--->

Security vendor Finjan predicts that the current economic downturn could herald a sharp rise in cybercrime during 2009--driven by the rise in the number of IT people being laid off. According to a report from the company's 's Malicious Code Research Center (MCRC), more unemployed IT personnel will be tempted to seek "new and easy income by purchasing and using crimeware toolkits that are sold by professional hackers."

The goal, according to the report, will be to get stolen credit card numbers, online banking account information, and corporate data that can be used to generate income. "We foresee that this quick and easy way to make money--combined with the false feeling of being safe from detection--will entice more and more people to turn to cybercrime; similar to people turning to drug dealing for a quick buck." Potential targets include corporations and public agencies.

Also, if the Obama administration succeeds in finding a way to give more people broadband Internet access, Finjan asserted, cybercriminals will exploit the opportunity "to infect more PCs and corporate networks with more malware as ever [sic] before."

A major portion of malware will be delivered via Trojans, particularly through Web 2.0 technologies and rich content.

A copy of the full report from Finjan is available here.

About the Author

Dian Schaffhauser is a former senior contributing editor for 1105 Media's education publications THE Journal, Campus Technology and Spaces4Learning.

Featured

  • interconnected nodes with currency symbols

    Report: Half of Gen AI Projects Could Exceed Budget by 2028

    Organizations may be underestimating the cost of generative AI as they move from experimentation to production, according to Gartner's "10 Best Practices for Optimizing Generative and Agentic AI Costs" report.

  • Digital Ai padlock locked for computing system on dark green background

    Microsoft, Nvidia Push Enterprise AI into Active Cyber Defense

    AI security is entering a new stage as enterprise organizations look beyond protecting models from prompt injection, unauthorized access, and data exposure.

  • abstract smartphone translucent screen displaying AI interface

    Apple Unveils Redesigned Siri AI

    At its recent Worldwide Developers Conference, Apple announced Siri AI, a redesigned version of its voice assistant that Apple describes in its own announcement as "a profoundly more capable and personal assistant." The update is intended to make Siri more conversational, more context-aware, and more useful across iPhone, iPad, Mac, Apple Watch, and Vision Pro.

  • networked node grid featuring illuminated connectors

    Gartner: Worldwide AI Spending to Reach $2.67 Trillion in 2026

    The artificial intelligence industry is expected to generate an extraordinary $2.67 trillion in worldwide spending this year, according to a new forecast from Gartner.