Today’s malware, faced by modern day companies, is very different from the relatively harmless older versions.
Modern malware is highly sophisticated and often built exclusively to make criminal profit. Malware can exploit various vulnerabilities and weaknesses in corporate systems, such as outdated software or lack of a proper security solution. This access allows a wide range of actions that have clear monetary costs for companies – but are profitable for the criminal.
Compromised company assets can be turned into profit in many ways:
The loss of personal information from corporate systems can lead to personal scams against company employees
Compromised workstations can allow criminals to create fraudulent payments directly from company accounts
Stolen sensitive information about clients or partners may lead to serious legal ramifications
Even IT resources in corporate networks are lucrative for criminals. Raw computing power, additional slave computers, or simply by sending ‘credible’ spam and malware from the company’s email address can all be turned into criminal gain.
Malicious software, or Malware in short, are applications specifically created to access computers, mobile devices, or networks. Primary targets are highly sensitive financial or personal information, mainly for monetary gain.
Harmful for the company –
but profitable for the criminal.