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IBM Reports on Phishing Increase. 2005-06-30, HostMan.biz IBM (ibm.com) announced the findings of its May Global Business Security Index on Wednesday, reporting a 226 percent increase in phishing attacks, as viruses and worms continue to spread through email and Web applications. IBM security experts say the popularity of zombie botnets - written scripts that enable attackers to send massive volumes of scam emails - is to be to blame for the increase. IBM's report indicates that more than 30 percent of emails in May had some form of virus - a 33 percent increase from April. Viruses were often found to have spread via email and onto a computer's hard drive, until eventually forwarding themselves to a user's entire address book. The IBM reports also found that 90 percent of exploited target systems can be attributed to application hacking. The two critical points in Web application security - creating and managing sessions and filtering all data input - can lead to the leaking of banking information, private sensitive data like credit card information, and competitive intelligence information. "Security is now something that companies can no longer afford to be without," says Cal Slemp, vice president of security and privacy services for IBM Global Services. "IBM's approach offers companies a way to reduce overall business risk while helping them comply with legislations, regulations and build better business intelligence."

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