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Hackers Target Financial Services
202400476
By WS&T Staff
January 05, 2006

The financial services industry is the No. 1 target of security probes by criminal hackers, according to a report on network attack trends on vertical industries from network security provider Counterpane Internet Services. The most predominant attacks are TCP probes looking for printers, probes looking for the UNIX Finger application and probes looking for IMAP 4 (Internet Message Access Protocol) services, the report notes.

The financial services industry was the target of 50 percent of all security probes that occurred on Counterpane's more than 500 monitored networks worldwide, the company reports. While probing is common and typically is attended to on a weekly basis, 333 instances of probes across all industries were significant enough to require Counterpane to notify its customers immediately.

Further, financial services ranks second in total security events, accounting for 18 percent of those that occurred in 2005, Counterpane says. (The technology sector ranked first, with 26 percent.) The security provider also points out that many of the occurrences of network probing originated in Romania - a known location of organized crime and criminal hacking, according to Counterpane.

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