Mar 5, 2010—Ask Matt Series

by Matt Riley, CIO of Gladiator Technology

An excerpt from the Q1/2010 issue of the Gladiator newsletter, The Shield –

Question: What is the basic outlook for the cyber-security arena in the New Year? Should my financial institution anticipate that many of the threats seen in 2009 will continue to be prevalent in 2010?

Answer: To answer your question, let’s begin by examining what happened last year. Overall, 2009 was another active year in the cyber-security arena. Threats continued to evolve faster than Anti-virus (AV) vendors could churn out signatures, rendering traditional AV solutions only 70% effective. Hackers continued to prey on the human element of trust though phishing campaigns. Here are some of the security highlights from 2009: (continued)

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