In an interview with SC Magazine, Symantec’s CEO and President Enrique Salem discussed the new security threats facing companies doing business on the internet. When asked about the top security threats, he responded with three.

“In 2009, we see three key trends that could impact IT security – a continued explosion of new malware variants, advanced web threats, and an uptick in threats related to social networking sites.” Mr. Salem reinforced that “cybercriminals are more sophisticated and driven than ever, and they operate in an increasingly profitable underground economy that makes it easy for them to not only buy and sell stolen information such as credit card data or even identities.”

Data from Symantec’s Global Intelligence Network indicates we have reached the point where there are more malicious programs created than legitimate programs every day, and that cyber attackers leverage vulnerabilities fueled by application code. Hackers compromise specific (often open source) websites, and then use them as a means for launching other attacks across the internet. (more…)