MEDIA ALERT
FBI 'Operation Bot Roast II' May Underestimate Global Botnet Threat & Economic Damage According To FireEye
Anti-botnet Company Offers Deeper Insight Into Cyber Crime Tactics That Threaten Millions of Consumer Online Holiday Shopping and Enterprise E-commerce Transactions
MENLO PARK, Calif.—November 30, 2007—Yesterday the FBI reported it had obtained three new indictments and successfully secured key convictions of botnet cyber criminals. In June 2007, part one of the FBI Operation Bot Roast investigation had pinpointed over 1 million victims whose computers had been illegally hijacked and formed into botnets. FireEye, Inc., the leader in global anti-botnet protection, actually estimates 150 million bot-infected computers worldwide are used for criminal botnet activities, including identity theft and fraudulent online transactions. Today, bot herders hijack millions of PCs ("bots") and link them together into criminal networks ("botnets") perpetrating a wide range of illegal online activities. Enterprise, consumer, and government computers are now unwitting perpetrators, accomplices, and victims in the estimated $67 billion computer-based crime wave hitting the Internet.
According to Ashar Aziz, president and CEO of FireEye, Inc., "We cannot overemphasize the importance of securing against botnets. The FBI Operation Bot Roast results are just the tip of the iceberg when it comes to botnet cyber crime. Whether originating from direct malware attacks, social engineering, or inappropriate usage, PCs are being turned into bots at an alarming rate. Botnets are a major factor in online fraud and serve as unauthorized backdoor into company servers and networks."
Dr. Michael J. Staggs, chief investigator at FireEye also stated: "To stop botnet data compromise and other security incidents, IT and security professionals need a highly effective counterattack plan in place to defuse potential organizational damage. Network forensics is fast becoming the critical link in incident response. Using proper network forensic processes, IT can preserve critical and contextual data surrounding an incident to more quickly and accurately address violations of security and use policies."
Digital investigators can learn more at events such as Dr. Staggs' upcoming courses at CEIC 2008, which will cover "Case Studies of Botnet Infection, Propagation, and Control" and "Network Forensic Techniques-How it Differs From Host Level Forensics."
About the FireEye Botwall Solution
The FireEye Botwall™ security appliances and FireEye Botwall Network service together provide comprehensive anti-botnet protection. FireEye Botwall appliances analyze enterprise networks for bot activities and compromised machines. The FireEye Botwall Network is a globally deployed botnet discovery and analysis service which provides subscribers with the most current botnet intelligence to complement on-premise anti-botnet security appliances. It catalogs and disseminates botnet characteristics derived from malware analyses which are conducted by interconnected networks of FireEye Botwall security appliances selectively deployed at service providers around the world. FireEye's solution offers the industry's first complete global and local anti-botnet protection to precisely identify, understand, and stop emerging botnet and malware threats.
About FireEye, Inc.
FireEye, Inc. is the leader in anti-botnet protection, enabling organizations to protect critical intellectual property, computing resources, and network infrastructure against bot infiltration. Today's most damaging attacks originate from and through highly organized botnets, or networks of remotely controlled, compromised machines. FireEye delivers a complete solution that is designed from the ground up to detect and protect organizations from botnets through global and local intelligence and analysis. The company is backed by Sequoia Capital, Norwest Venture Partners, and JAFCO. For more information, contact (408) 321-6300 or email: .
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