More abstracts: malware | virus | damage | hacker | phishing | spam | banks | governments

The Future of the Global Internet Economy

London, UK - 7 July 2007, 9:27 GMT - The Internet is increasingly critical to our economies and societies -- with far reaching implications for all policy domains. Only now is the world beginning to grasp the Internet's potential as a powerful driver of innovation, sustainable economic growth and social well-being. It is timely for leaders in governments, corporates, NGOs and technology experts to forge broad understanding and principles that will guide the next decade of the Internet economy.

[CONTINUES] [ATCA Membership]

We look forward to your further thoughts, observations and views. Thank you.

Best wishes


For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency Alliance (ATCA)


ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 100 countries: including several from the House of Lords, House of Commons, EU Parliament, US Congress & Senate, G10's Senior Government officials and over 1,500 CEOs from financial institutions, scientific corporates and voluntary organisations as well as over 750 Professors from academic centres of excellence worldwide.

The views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. Please do not forward or use the material circulated without permission and full attribution.



Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44 (0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category of Innovation

mi2g is at the leading edge of building secure on-line banking, broking and trading architectures. The principal applications of its technology are: 1. D2-Banking; 2. Digital Risk Management; and 3. Bespoke Security Architecture. For more information about mi2g, please visit: www.mi2g.net



Low Probability High Impact and Black Swan Events

London, UK - 12 June 2007, 14:22 GMT

Dear ATCA Colleagues

[Please note that the views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. ATCA conducts collective Socratic dialogue on global opportunities and threats.]

Considerations for Future Scenarios -- The Opportunity and Risk of Asymmetric Globalisation

We are all being hurled closer to each other as the world integrates faster than ever before. The propensity for fast global integration creates both huge opportunities and its inevitable flip-side, huge risks. In the future, we should be concerned about Low Probability High Impact and Black Swan events which can change the present trajectory of nation states and large economic entities, many with turnovers in excess of the GDP of most nations. Welcome to Asymmetric Globalisation in which friends and adversaries are no longer similar looking as they react to on- and off-the-radar forces giving rise to Low Probability High Impact and Black Swan Events. This also means that more risk is increasingly transferred into the markets away from Sovereign states, increasing their volatility.

[CONTINUES] [ATCA Membership]

As a special consideration, please note that some Low Probability High Impact and Black Swan events may actually become High Probability High Impact Events as time goes by owing to the five drivers converging and colliding.

The ATCA think-piece, based on major research, was put together by DK Matai and the mi2g Intelligence Unit. ATCA reviewers of the article include: Aileen Armour-Biggs, Douglas Byblow, Professor Nigel M de S Cameron, Hervé de Carmoy, Fred Cohen, Jean-Yves Gresser, Hamid Hakimzadeh, Gerald Harris, Rear Admiral John Hilton, Chris Histed, Alexander Hoare, Prof Sai-Felicia Krishna-Hensel, Prof Jean-Pierre Lehmann, Andrew Leung, George Littlejohn, Thierry Malleret, Dr Harald Malmgren, Nicholas Mellor, Miguel Mendonca, Prof Jim Norton, John Petersen, John Pickering, Richard Thomas Gerber, Commodore Patrick Tyrrell, Michael Wade, Sir Harold Walker, Ian Walker and Martin Wolf.

[ENDS]

We look forward to your further thoughts, observations and views. Thank you.

Best wishes


For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency Alliance (ATCA)


ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 100 countries: including several from the House of Lords, House of Commons, EU Parliament, US Congress & Senate, G10's Senior Government officials and over 1,500 CEOs from financial institutions, scientific corporates and voluntary organisations as well as over 750 Professors from academic centres of excellence worldwide.

The views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. Please do not forward or use the material circulated without permission and full attribution.



Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44 (0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category of Innovation

mi2g is at the leading edge of building secure on-line banking, broking and trading architectures. The principal applications of its technology are: 1. D2-Banking; 2. Digital Risk Management; and 3. Bespoke Security Architecture. For more information about mi2g, please visit: www.mi2g.net


Deep study: The world's safest computing environment

news alert

London, UK - 2 November 2004, 02:30 GMT - The most comprehensive study ever undertaken by the mi2g Intelligence Unit over 12 months reveals that the world's safest and most secure 24/7 online computing environment - operating system plus applications - is proving to be the Open Source platform of BSD (Berkley Software Distribution) and the Mac OS X based on Darwin. This is good news for Apple Computers(AAPL) whose shares have outperformed the benchmark NASDAQ, S&P and Dow indices as well as Microsoft (MSFT) by over 100% in the last six months on the back of revived sales and profits. The last twelve months have witnessed the deadliest annual period in terms of malware - virus, worm and trojan - proliferation targeting Windows based machines in which over 200 countries and tens of millions of computers worldwide have been infected month-in month-out.

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Full details of the October 2004 report are available as of 1st November 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.

Related Articles:

17th November 2004 - Full compendium of mi2g speeches released on web
12th November 2004 - Exclusive interview of DK Matai with Linux/Security Pipeline
12th November 2004 - Deep study: The ongoing Linux Attacks fallout
6th November 2004 - Experts challenge mi2g security study: mi2g response
5th November 2004 - The relativistic approach to safety - uptime versus market share
24th March 2004 - Five solutions to the rising identity theft and malware problem
2nd March 2004 - Disturbing the sanctity of the Linux Church
19th February 2004 - The World's safest Operating System


Coverage:

Information Security News: mi2g defends its Linux claims - Insecure.org
mi2g defends its Linux claims - Virus.org
mi2g defends its Linux claims - The Inquirer
Interviews: DK Matai with Linux/Security Pipeline - Linuxtimes.net
Exclusive interview of DK Matai with Linux/Security Pipeline - LinuxSecurity.com
Exclusive interview of DK Matai with Linux/Security Pipeline - eBCVG IT Security
Apple's Mac OS X is much more secure than Linux or Windows - MacDailyNews
Furore over OS security survey - ITWeb
Sloppy Sysadmins Leave Linux Security Lacking - InternetWeek.com
Sloppy Sysadmins Leave Linux Security Lacking - CRN
Sloppy Admins Leave Linux Vulnerable To Security Breaches - Information Week
Linux is 'most breached' OS on the Net, security research firm says - ARNnet
Linux is 'most breached' OS on the Net, security research firm says - LinuxWorld
Linux is 'most breached' OS on the Net, security research firm says - ComputerWorld
Security company defends Linux-is-vulnerable survey - HNS
The world’s safest computing environment - TechCentral
mi2g response: Experts challenge mi2g security study - eBCVG IT Security
PC Pro: Security Company Defends Linux-is-Vulnerable Survey - linux today
Study: Linux Is Least Secure OS - WindowsITPro
Linux Most Breached OS, Says New Report - CXO Today
Survey: Mac OS X most secure, Linux least - ITWeb
Mac OS X, BSD Unix top security survey - Neowin.net
Mac OS X, BSD Unix top security survey - Computer World
Study: OS X World's Safest OS From Security Attacks - MacNewsWorld
Study Recommends Mac OS X as Safest OS - Slashdot
Mac OS X, BSD Unix top security survey - MacCentral
Security: Mac OS X Good, Linux Bad - eBCVG IT Security
Study: Apple's Mac OS X 'world's safest and most secure' operating system - MacDailyNews
Study: OS X World's Safest OS From Security Attacks - the Mac Observer
The world's safest computing environment - eBCVG IT Security
Mac OS X - 'world's safest' - Macworld Daily News
The world's safest computing environment - TechCentral



mi2g is at the leading edge of building secure on-line banking, broking and trading architectures. The principal applications of our technology are:

1. D2-Banking;
2. Digital Risk Management; and
3. Bespoke Security Architecture.

mi2g pioneers enterprise-wide security practices and technology to save time and cut cost. We enhance comparative advantage within financial services and government agencies. Our real time intelligence is deployed worldwide for contingency capability, executive decision making and strategic threat assessment.

mi2g Research Methodology: The Frequently Asked Questions (FAQ) List is available from here in pdf. Please note terms and conditions of use listed on www.mi2g.net

Full details of the October 2004 report are available as of 1st November 2004 and can be ordered from here. (To view contents sample please click here).


Probability of a catastrophic malware attack rises from 2.5% to 30%

news alert

London, UK - 2 June 2004, 11:30 GMT - May was the fifth worst month on record in terms of malware proliferation - virus, worm and trojan attacks - and is estimated to have caused between $16.2bn and $19.8bn of economic damage worldwide, largely because of the Sasser outbreak and other associated variants according to the mi2g Intelligence Unit, the world leader in digital risk. The probability of a catastrophic malware attack, defined as global damages in excess of $100bn from a chain of combined events, has risen from 1 in 40 (2.5%) for 2003 to about 3 in 10 (30%) for 2004.

The May figures for manual and semi-automated hacking attacks - 18,847 - against online servers worldwide show signs of stabilisation in comparison to each of the three previous months. At present rates, the projected number of overt digital attacks carried out by hackers against online servers in 2004 will be only 2% up on the previous year and would stand at around 220,000. If this trend continues, it will mark the slowest growth rate for manual and semi-automated hacking attacks against online servers according to records that date back to 1995. This confirms that the dominant threat to the global digital eco-system is coming from malware as opposed to direct hacking attacks.

[CONTINUES]

Full details of the May 2004 report are available as of 1st June 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


Start of April marks record-breaking Quarter for Digital Risk

news alert

London, UK - 1 April 2004, 14:30 GMT - The first quarter of 2004 has broken some key records to become the most economically damaging quarter for digital risk manifestation, according to the March report published by the mi2g Intelligence Unit, the world leader in digital risk. The mi2g SIPS digital risk database is the world's largest and has been collecting data since 1995.

Q1 2004 also heralds the first time that commercial websites have been successfully targeted through malware-orchestrated Distributed Denial of Service (DDoS) attacks, achieved through armies of million-plus infected zombie computers running Windows - mostly home and small business computers. Both The SCO Group and The Recording Industry Association of America (RIAA) have suffered online disruptions for weeks, whilst Microsoft has largely resisted MyDoom based DDoS attacks. Parallel incidents have involved individual hackers or organised criminal groups targeting gambling and online betting sites as part of elaborate extortion schemes.

[CONTINUES]

Full details of the March 2004 report are available as of 1st April 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


Big Three malware cause heavy productivity losses in Q1 2004
Poor business processes and auditing holes exacerbate damage

news alert

London, UK - 16 March 2004, 15:00 GMT - The Big Three malware families of 2004, ie, all variants of Bagle, MyDoom and NetSky combined, have caused the loss or misallocation of 72 million Equivalent Person Days (EPDs) worldwide over the last two months across corporations, government organisations and homes according to the mi2g intelligence Unit, the world leader in digital risk. As an average for the last 60 days, the daily sustained loss is 1.2 million EPDs worldwide, the highest ever.

[CONTINUES]

Full details of the February 2004 report are available as of 1st March 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


Decompression bombs materialise on the web as new threat looms

news alert

London, UK - 10 March 2004, 12:45 GMT - Decompression bombs are starting to make the rounds in cyberspace and pose a rising digital risk. Decompression bombs are specially crafted files designed to be decompressed into much larger files with bogus content that consume the available space, effectively using up all the disk space on the machine running the anti-virus scans. Data compression often works by coding repeat units of data - for example a string like "aaaaaaaaaa" could be represented as "a10". The vulnerability of this process is that an attacker could send a file containing "a1000000000...", which could result in a massive denial of service if any attempt is made to put it through a decompression engine.

[CONTINUES]

Full details of the February 2004 report are available as of 1st March 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


Strong evidence of Bagle and MyDoom connection emerges

news alert

London, UK - 9 March 2004, 16:30 GMT - New malicious code resembling variants of the Bagle malware family has been found this morning. The variant comes repackaged as Hacker Activated Code (HAC) which does not replicate like usual malware. The HAC features suggest that it has been written by the same group that authored other Bagle variants.

[CONTINUES]

The full news alert includes material from F-secure's weblogs.

Full details of the February 2004 report are available as of 1st March 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


Economic Damage from Bagle, MyDoom & NetSky crosses $100bn;
Financial motive behind the malware variants likely

news alert

London, UK - 8 March 2004, 14:30 GMT - In what has turned out to be an historically unprecedented week, the combined economic damage to date from Bagle, MyDoom and NetSky has now crossed $100bn worldwide over the weekend. The first eight days of March indicate that it is heading to be the worst month for malware proliferation in 2004 according to the mi2g Intelligence Unit, the world leader in digital risk. January and February have also been record breaking months. Seven of the top ten most damaging malware families of all time had their peak infection points in the last twelve months, suggesting a serious rise in global malware epidemics in the last year. Over 215 countries have now been infected by the MyDoom, NetSky and Bagle malware tsunami. The most damaging malware since 1995 that remains ahead of NetSky is now limited to MyDoom and Sobig.

[CONTINUES]

Full details of the February 2004 report are available as of 1st March 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


Digital Warfare - Combating the malware tsunami

news alert

London, UK - 4 March 2004, 14:00 GMT - "A long time ago in a galaxy far far away... It is a period of war. A malware tsunami has struck from three rebel bases, and a major blow to the Digital Empire has been dealt. During the battle, rebels and criminal syndicates have managed to uncover critical vulnerabilities across the galactic network.

An army of zombie computers is being amassed with enough power to cripple the entire Digital Empire. Pursued by the malware writers with new variants, the anti-virus generals have issued instructions to update malware definitions every hour as opposed to every day. The critical issue of computer maintenance has now become an insurmountable task..."

The trouble is that this problem is not occurring in a galaxy far far away but right here and now in the global digital eco-system.

How is an hourly update regime tenable in an organisation with thousands of computers? As a result of the malware tsunami in the last four days, a new and dangerous point has been reached in the global digital eco-system. New malware variants are released and proliferate ever faster and as a result there is a lag before they are added to virus definition records, during which they cannot be recognised by anti-virus systems. The majority of anti-virus solutions currently on offer are therefore no longer viable in countering malware tsunamis.

[CONTINUES]

Full details of the February 2004 report are available as of 1st March 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.


More abstracts: malware | virus | damage | hacker | phishing | spam | banks | governments
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