Malware Wars: Are Hackers on Top?

["Fergie" <fergdawg () netzero net>]

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Via The Register.

[snip]

The money made from malware is eclipsing the revenue of anti-virus vendors,
a leading net security vendor claims. Raimund Genes, CTO of anti-malware at
Trend Micro, cites FBI figures that IT security problems cost the economy
$62bn last year against IDC estimates that the anti-malware market was
worth $26bn in 2005.

The FBI figures include the cost of clean-up operations, not just the
profits accrued by the bad guys. Even taking this into account Genes
reckons cyber-crooks are raking it in, but we're skeptical. Losses from
phishing in the US last year were estimated at $650m, only a tiny fraction
of the income of security vendors. Perhaps this figure underestimates
malware losses. Placing a figure on malware losses is a notoriously inexact
science and the same problems would appear to apply to putting a value on
the black economy.

[snip]

More:
http://www.theregister.co.uk/2006/12/05/malware_trends/

Full Disclosure: Trend Micro is my employer.

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg(at)netzero.net
 ferg's tech blog: http://fergdawg.blogspot.com/


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