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Web crime 'set to increase'

30th December 2008

Internet-based crime is likely to escalate as people take advantage of the economic downturn, one technology expert has claimed.

Mark Ward, technology correspondent for the BBC, told the news provider that cybercriminals will be more likely to strike in the current economic climate.

Mikko Hypponen, chief research officer at F-Secure, told the expert: "Crime tends to rise when you have more unemployment.

"If you look, in general, where the attacks are coming from you can find social reasons behind them."

Security firms are perhaps most at risk, the expert added, especially as employees with a vast knowledge of technology are made redundant.

Earlier this year, Danny Harrison, identity theft expert for CPP, said the employees in a firm are best-placed to notice any security leaks.

He added that communication was needed between both an employer and their staff to help with data security and ensure the necessary measures are being taken.

Learn more about managing endpoint security risks.

About Centennial Software / FrontRange Solutions

Centennial Software was acquired by FrontRange Solutions (www.frontrange.com) in April 2008. FrontRange Solutions develops Service Management, IT Infrastructure and Customer Relationship Management solutions that scale with the needs of mid-sized and distributed enterprises. The company – through its FrontRange, HEAT, GoldMine, Enteo and Centennial brands – offers a unique portfolio that has been chosen by more than 150,000 organizations worldwide to help improve the effectiveness and reduce the cost of interacting with external and internal customers.

Part of the FrontRange Solutions Infrastructure Management Group, Centennial Software develops IT Audit & Network inventory, Software Asset Management (SAM) and Endpoint Security Tools Centennial Discovery, License Manager and DeviceWall enable more than 6,000 organizations worldwide to manage their IT assets, license compliance and network security. Learn how full network audit, complete control of software licenses and effective USB security solutions can help drive cost, risk and complexity out of IT operations.

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