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2011 looks like a good year for cybercrime. Q1 has seen an unprecedented number of malwares and attacks leading the cybercrime market above $1trillion…

The cost of cybercrime has come back to the spotlight to a recent spate of high profile computer crimes: a hacker attack on Sony in May took its PlayStation Network down for 23 days after confidential information on tens of millions of network subscribers was breached; the company estimated the cost of that attack will total $171 million.

The amount of new malicious software, or “malware,” unleashed on the internet during the first three months of this year hit six million programs, according to a report last week by McAfee, the computer antivirus maker. “It’s been a busy start to 2011 for cybercriminals,” Vincent Weafer, senior vice president of McAfee Labs, said in a statement.

The increased difficulty in protecting data comes as the value of intellectual property is skyrocketing for companies. In 2009, 81% of the value of S&P 500 companies was “intangible assets” such as patented technology, proprietary data and market plans, according to an estimate by Ocean Tomo Intellectual Capital Equity. In 1985, only 68% of the S&P 500 market value was from intangibles, according to Ocean Tomo.

When bandits make off with intellectual property, the cost to the company does not equal the money made by cybercriminals.

UP4B offers a wide range of process and network analysis to make sure that your network is protected against what is really important for your business: information leak, network protection (penetration testing,…), network availability and more.

Feel free to contact us for more information on our IT Security services and get your company IT Sec ready.

Tags: Attack, cybercrime, malware