Virtualization,Cloud To Widen Scope of Cybercrime

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Virtualization, Cloud-Computing and a shifting Internet infrastructure will widen the scope of cybercrime...

Trend Micro 2010 Future Threat Report

Using news headlines and the latest technological trends, cybercriminals are brilliantly agile at exploiting whatever is trendy for cash and profit. Now, the growing popularity of cloud computing and virtualization among companies is likely to catch the attention of criminals scheming for the next hot cyber-swindle.According to the Trend Micro 2010 Future Threat Report, cloud computing and virtualization -- while offering significant benefits and cost-savings -- move servers outside the traditional security perimeter and expand the playing field for cybercriminals. The industry already witnessed Danger/Sidekicks cloud-based server failure that caused major data outages in November 2009, highlighting cloud-computing risks that cybercriminals will likely abuse. Trend Micro believes cybercriminals will either be manipulating the connection to the cloud, or attacking the data center and cloud itself.


The Int

ernet infrastructure is changing, opening more opportunities for cybercrime

The next-generation protocol designed by the Internet Engineering Task Force, Internet Protocol v. 6, is still in the experimentation stages of replacing the current IPv4, now 20 years old. As users start to explore IPv6, so will cybercriminals, and we can expect to see proof-of-concept elements in IPv6 start to materialize in the upcoming new-year. Possible avenues for abuse include new covert channels or C&C. But dont expect active targeting of IPv6 address spaceat least not in the very immediate future, informed Amit Nath, Country Manager, India&SAARC, Trend Micro.
 
Domain names are becoming more internationalized and the introduction of regional top- level domains (Russian, Chinese, and Arabic characters) will create new opportunities to launch age-old attacks through lookalike domains for phishing using Cyrillic characters in place of similar looking Latin characters. Trend