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April 05, 2011

HP Releases 2010 Top Cyber Security Risks Report

Identifying a significant increase in the volume of organized cybercrime targeting data centers and networks, HP has published its 2010 Top Cyber Security Risks Report. The company stated that these attacks can lead to financial losses for some companies.

The report looks at the current threats targeting the enterprise as well as how these have evolved over the last year. The goal of this report is to arm enterprise IT, network and security administrators with information on the attacks targeting their data centers and networks.

The number of discovered vulnerabilities remained relatively stable, but high, while there were more attacks recorded in 2010, the report stated. The new report indicates that many high-profile attacks use new vulnerabilities before vendors issue fixes while the majority of attacks are against known and patched security vulnerabilities.

“We’ve discovered that rather than investing resources to uncover new exploits, attackers are focused on current, unpatched vulnerabilities in web applications, social networking sites and Web 2.0 interfaces,” said Mike Dausin, manager, Advanced Security Intelligence, HP DVLabs. “HP TippingPoint, ArcSight (News - Alert) and Fortify security solutions, coupled with HP’s experience in IT management and application life cycle management, offer clients protection from the latest attacks threatening to disrupt business continuity.”

Businesses and governments can reduce risk with improved security practices, such as keeping their security systems up to date and leveraging the research of the HP Digital Vaccine Labs’ (DVLabs) Zero Day Initiative to combat the attacks. Published by HP in 2010, the new report by HP DVLabs builds on the midyear report. Enabling companies to implement security policies that protect their IT assets, the purpose of the reports is to provide vital information to organizations, HP stated.

Recently, the company announced that VIVACOM Bulgaria was using the solutions and expertise of HP to set up a next-generation intelligent network (NGIN) by integrating its fixed and mobile telecommunication networks. The NGIN will improve the network efficiency and offer a more personalized and better experience for over 600,000 customers. VIVACOM is Bulgaria’s leading telecommunications provider and offers services in fixed and mobile voice, television and broadband.

Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.

Edited by Janice McDuffee

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