OAS and Trend Micro Report Examines Cybersecurity Trends in the Americas

   OAS and Trend Micro Report Examines Cybersecurity Trends in the Americas

PR Newswire

CUPERTINO, Calif., May 3, 2013

CUPERTINO, Calif., May 3, 2013 /PRNewswire/ -- The Organization of American
States (OAS) through the Secretariat of Multidimensional Security (SMS) and
the Inter-American Committee against Terrorism (CICITE) released today the
report "Latin American and Caribbean Cybersecurity Trends and Government
Responses." Prepared in collaboration with the company Trend Micro, the report
illustrates and analyzes cybersecurity and cybercrime trends in the region.
The document contains detailed information on cyberthreats in the Americas,
and for the first time incorporates the perspectives and experiences of OAS
Member State governments.

The Secretary General of the OAS, Jose Miguel Insulza, affirmed that "this
research responds to the needs of regional governments to confront cybercrime,
which is increasingly frequent and threatening, due to the accelerating
evolution of technology." He added that "to evaluate and effectively combat
cyber threats, countries need detailed and reliable threat information, which
this report provides. It represents a significant advance, considering that a
study like this has not yet been carried out in our region. Organized crime
now utilizes modern technology and in certain cases these criminals have more
resources at their disposal than countries can dedicate to scientific
development. We need to change this."

The report found an overall increase in cyber attacks; an increase in
"hacktivism," or politically motivated hacking; internet-assisted money
laundering; and attacks against critical infrastructure. Other trends
discussed include levels of malware, spam, and wire fraud.

Conclusions highlighted in the report signal a pressing need to "maintain
parity with those seeking to exploit digital vulnerabilities." The lack of
resources dedicated to building cybersecurity capacity and the scarcity of
specialized knowledge and experience needed to secure networks and implement
effective policies are two of the things that the report cites as hindering
information security.

In its conclusions, the report contends that "organized crime groups are
increasingly cyber-capable and hacker groups are growing in number and
sophistication." The activity of internet users in the region is also
discussed. They often practice unsafe online habits, such as running unpatched
operating systems or using unsecured mass storage devices. Overall, most
internet users pay little attention to cybersecurity. Finally, the document
discusses cybercriminals' use of banking trojans as opposed to malware that
predominates in other parts of the world.

In its recommendations, the report urges countries to promote raising
awareness of safe cyber practices; promoting and investing in technical
education programs; strengthening mechanisms to designate governmental roles
and responsibilities related to cybersecurity; and instituting norms for
international information sharing and cooperation on cybersecurity and
cybercrime issues.

As opposed to previous reports on cyber activity in the Americas, the OAS and
Trend Micro report and analysis incorporates the perspectives and experiences
of OAS Member State governments. The OAS invited its Member States to
contribute qualitative and quantitative information to the report regarding
instances of hacking, cybercrime, and government efforts. 20 out of 32 Latin
American and Caribbean Member States responded to the request to provide
information. Trend Micro gathered technical data on malicious web traffic and
hacking trends.

The Secretary of Multidimensional Security of the OAS, Adam Blackwell, said
that the report "presents an opportunity for governments to showcase what
types of initiatives have been successful in mitigating cyber risk.
Ultimately, the insights and analysis that came from my team's extensive
research will provide a valuable resource to those working to secure our vital
networks. I would finally like to highlight that this joint effort represents
the type of public-private cooperation that our Member States have recognized
as pivotal to achieve sustainable hemispheric security."

The Vice President of Cyber Security of Trend Micro, Tom Kellermann, also
highlighted some of the key findings of the report. "Latin America and the
Caribbean regions are experiencing rapid technological adoption. But with this
evolution comes the dark side of globalization - cybercrime." He added that,
"this seminal report depicts the growth of web based attacks as well as the
use of online forums for hosting and money laundering. Achieving sustainable
economic growth in the region will be dependent upon a concerted regional
effort to strengthen cybersecurity and combat cybercrime."

Protection against cyberthreats has become a major security concern worldwide.
Since 2004, the OAS through the Inter-American Committee against Terrorism has
worked to develop and enhance the capabilities of Member States to prevent and
combat threats to cybersecurity at the national and regional levels. More
information about OAS cyber security efforts is available here.

Link to a PDF of the report:
http://www.trendmicro.com/cloud-content/us/pdfs/security-intelligence/white-papers/wp-latin-american-and-caribbean-cybersecurity-trends-and-government-responses.pdf

Blog post regarding the report:
http://blog.trendmicro.com/trendlabs-security-intelligence/the-state-of-cybersecurity-in-latin-america

About Trend Micro

Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global cloud security
leader, creates a world safe for exchanging digital information with its
Internet content security and threat management solutions for businesses and
consumers. A pioneer in server security with over 20 years' experience, we
deliver top-ranked client, server and cloud-based security that fits our
customers' and partners' needs, stops new threats faster, and protects data in
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framework, our products and services stop threats where they emerge – from the
Internet. They are supported by 1,000+ threat intelligence experts around the
globe.

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Website: http://www.trendmicro.com
Website: http://www.oas.org
Contact: Thomas Moore, +1-972-499-6648, thomas_moore@trendmicro.com