CASCON 2005 Keynote – Rob Clyde @ Symantec

October 18th, 2005

Rob Clyde, Vice President of Technology, Office of the CTO @ Symantec Corporation presented his keynote today morning. Along with the usual security stuff he reported on some interesting statistics —

Clyde

  • Phishing is becoming an increasing threat as 3 to 4% of users respond to such mails — much higher than traditional e-mail spam.
  • In the first half of 2005 phishing increased from 2.99 Million e-mails/day to 5.7 Million e-mails/day.
  • 31% of online consumers are buying less due to increased web security threat.
  • US leads in the number of hacked machine reports followed closely by Germany.
  • Broadband penetration is actually increasing security threats. Many personal machines are now vulnerable to hackers using them as web bots for DOS attacks.
  • DOS Attacks are now a business. Such attacks are now available for as low as US $300. Where?

Some other interesting comments ..

  • The increasing speed at which worms propogate are now demanding better use of proactive measures.
  • In the absence of such measures Akamai and it’s expandable bandwith pipes are the only solution against DOS Attacks. Looks like more revenues to Akamai in the days to come! Maybe Akamai’s stock is in for a ride.

Finally, and of importance to us — Symantec is now working on compating web (and blog) spam. They see this as being one of the next big security threat.