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Cos Vulnerable to Internet Fraud on Holidays
By
ChannelTimes Staff
International Desk, Sep 05, 2008 1545 hrs IST
Online financial transactions are more vulnerable to being intercepted by phishers during holiday periods as certain companies tend to be less vigilant.
This was revealed by a survey conducted by VASCO Data Security International, a software security company specializing in authentication products. VASCO's aXs Guard Gatekeeper Internet Threat Survey covered 400 small and medium-sized enterprises (SME) with five to 250 internet users during the month of July 2008, revealing malicious activity during the traditional European holiday season.
aXs Guard Gatekeeper is an authentication and internet security appliance, making use of VASCO's core authentication technology.
Jan Valcke, president and COO at VASCO Data Security, said, "Holiday periods can be potentially dangerous considering certain companies are less vigilant. However, our sample demonstrates that SMEs increasingly are investing in protecting themselves from online attacks. We could not stress more the importance of automated solutions which ensure companies to have the same level of vigilance throughout the year."
He added, "Surveys such as our aXs Guard gatekeeper survey are necessary to demonstrate the vulnerability of companies on the internet. Surveys as these clearly indicate that all companies, including SMEs, are vulnerable for internet fraud."
The results of July 2008 were weighed against May 2008 and the major trends revealed to be: during the summer more different types of viruses are active; spammers seem to be on holidays; internet surfing is on the rise; slight decrease in spyware; and slight increase of phishing attempts.
The survey also revealed that newly created viruses immediately score very high and are among the top 10 most frequent viruses during that period. The increased presence of viruses could be explained by less vigilance due to reduced staffing of ICT departments during the holiday season.
Furthermore, the survey revealed a decrease in attempts to visit websites which companies block on a company-to-company basis, such as YouTube, Facebook and others. Once employees have figured out that certain websites are blocked as a result of company policy, they no longer try to visit these sites, the company said.
Related Links
VASCO Intros Digipass Packs for SMEs in India
VASCO Launches Digipass 810 for Asian Markets
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