Monday, July 9, 2012

The "messiah" security tool to save us from malware.



Anyone who tries to enlighten the public on how important it is to secure their systems and strictly follow security guidelines/policies should be applauded. In the midst of all precaution handed down to the public in the form of security articles, whitepapers, news etc., we are still searching for the one and only messiah tool to liberate us all from the hands of these cyber thieves.

Fraud Victim- Microsoft pics

How can one explain the mystery surrounding the wiping away of $1.2 million from the bank account of Life Style Forms & Display Inc.?

Their story was published on The Wall Street Journal http://online.wsj.com by Sarah E. Needleman Jul 6th, 2012.

One of the staff of the firm logged on to the website for the company’s bank account, and a supposed virus redirected him to a lookalike site, and he typed the user id and temporary password which was immediately sent to the cyber thief who within minutes transferred the money to a bank account. Fortunately $1.02million was recovered.

These cyber thieves are becoming more brilliant and daring day after day. They are always devising new ways to beat security put in place by firms, and their target these days is against small firms.

Small firms always have an excuse why they cannot invest in viable security tools to help safeguard them against these thieves. Large organizations are not left out. Questions to be asked is don’t they have antivirus, firewall, updated web browser, OS, intrusion detection and prevention security systems in place? Are they following the security policies put in place to curb opening a hole the cyber thieves will take advantage of?

This is a huge warning sign for every one person who owns a computer and uses it to log onto bank accounts and so on, to be on the alert. Web browsers are not perfect; neither is the operating system a computer is run by, nor firewall. Community of interest must collaborate to determine risk controls that are most effective.  The human eyes and wisdom should be applied when working with computers. Don’t click on any suspicious link or suspicious advert, and when you are in doubt about anything web related contact your computer administrator.

This earnestly could have been avoided. The question now is what is the messiah security tool to stop these cyber criminals once and for all? Is there such thing as messiah security tool?

Till I see you again next week.  Don’t forget to drop me a line. Bye.

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