G Data is reporting that they are discovering 12 new malware strands every minute – findings that are in line with a report from PandaLabs. Tim Erlin, director of IT security and risk strategy, Tripwire have the following comments on it.

[su_note note_color=”#ffffcc” text_color=”#00000″]Tim Erlin, Director of Security and Product Management at Tripwire :

“The increase in banking trojans is more concerning than the specific number of malware strains discovered. There’s a big difference between an unwanted, but harmless, application and one designed to steal money from your bank account. The increase in malware is an indicator of the growing cybercrime industry. As the potential for profit increases, there’s a corresponding investment in tools, which is often malware. Malware use increases because it’s successful. Relying only on anti-virus or a network-based tool to detect malware simply isn’t enough. Organizations have to take a more complete and more sophisticated approach to protecting their endpoints.”[/su_note][su_box title=”About Tripwire” style=”noise” box_color=”#336588″]Tripwire logoTripwire is a leading provider of advanced threat, security and compliance solutions that enable enterprises, service providers and government agencies to confidently detect, prevent and respond to cybersecurity threats. Tripwire solutions are based on high-fidelity asset visibility and deep endpoint intelligence combined with business-context and enable security automation through enterprise integration. Tripwire’s portfolio of enterprise-class security solutions includes configuration and policy management, file integrity monitoring, vulnerability management and log intelligence.[/su_box]

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