A man walks on a floor advertisement for Sony Corp's PlayStation 3 game console at an electronic store in Tokyo April 27, 2011. REUTERS/Yuriko Nakao

Internet crime is on the rise and companies where you do business are reluctant to talk about it. There is a code of silence because victims want to avoid  embarrassment, public scrutiny and falling stock prices. However, it’s hard to hide when this effects 77 million people worldwide.

Be aware. The Reuters article on this topic mentions that a study done by MacAfee showed that the networks of 85% of some 200 power producing companies had been hacked and 1 out of 4 of those were victims of extortion. The 28 page PDF report In the Dark, Crucial Industries Confront Cyberattacks is available here. They are recommending that these industries move beyond passwords to tokens and biometrics indicators, use of network encryption and monitoring for anomalies, increased oversight of how the network is accessed, and effective partnerships with government. What should you do? Read the rest of this entry »