I was shocked to learn how fast the threat of cybercrime is growing. I couldn’t believe a report from the Department of Treasury that the profits of Cybercrime are greater than the profits of the sale of illegal drugs. When President Obama informed us that cybercriminals have stolen $8 billion dollars from Americans in the past two years and the cost of repairing computers has risen to $11 billion a year. Cybercrime is not about vandalism. It is about our economy.

Beware of free or store bought security software installed on your computer that claims to protect you from cybercriminals. Your chance of becoming a victim is 7 out of 10. Companies like McAfee, Symantec (Norton), and Trend Micro, Inc. spend a lot of money advertising how good their products are, but Computer World Security writes that they “confirmed vulnerabilities in their security software that could let hackers hijack systems.

The security software and suites that these companies sell do not prevent cybercrime. They mainly focus on worms, Trojans horses, and spyware that allow hackers to infect your computer. It takes many hours for the security companies to capture and analyze the problem, write a new solution, and get it to you. Therefore, hackers are always one step ahead of the security companies. This explains why 172,000 computers are hacked each day.

Security companies do not focus on vulnerabilities, e.g. weak passwords, software bugs, a computer virus or other malware that allow hackers to install malware on your computer, take your sensitive data, convince you to open an email message with attached malware, or copy a hardened, encrypted program onto a thumb drive and crack it at home. Not focusing on these vulnerabilities can bring the ‘blue screen of death ‘ and make your operating system unusable.

Last 5 posts by Deepak Shrivastava

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