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Lookingglass Cyber Solutions Research Shows World’s Largest Banks Continue To Be Plagued By Malicious Cyber Infections

2012-07-26

ARLINGTON, Va. ---- Lookingglass Cyber Solutions, a cyber security company whose revolutionary appliance-based platform delivers global visibility for Over-The-Horizon Cyber Threat Suppression, today announced research that shows that 18 of the 24 largest banks in the world continue to be infected with malware such as Conficker, DNS Changer, Gameover Zeus, BlackHole Exploit Kit, Fake AV and others. Since January 2012, Lookingglass researchers have tracked over 104 million unique malicious IP addresses, many of which are associated with malware for which there are known fixes.

Even after three years of mitigation and remediation, the Conficker worm still has a strong presence in the financial services industry, with 10 of the 24 largest banks in the world continuing to show infections. When examining data from March 2012 alone, Lookingglass tracked 42 million infected IP addresses, 40 percent of which hosted multiple events. The problem also goes beyond the financial sector. Of the 17 industries that Lookingglass monitored, 14 were infected with high-level threats.

With this data, Lookingglass is able to determine that re-infections are taking place on a consistent basis. The company’s research also indicates that malware from unclean networks is potentially re-infecting previously cleaned networks, creating a cycle of re-infection among partner and supply chain networks. Many organizations are not monitoring these re-infections, which may cause wide-spread problems for industry sectors that are supported by a common infrastructure.

“With cyber attacks becoming more intricate and sophisticated, not only do organizations put themselves at risk if they don’t take these threats seriously, they also become a liability to their customers and partners,” said Derek Gabbard, CEO of Lookingglass. “These findings not only highlight the depth of infections worldwide, they also illustrate the effect re-infections can have on organizations that don’t leverage proactive security intelligence.”

Lookingglass, a pioneer in the industry of cyber threat suppression and ecosystem data visualization, aggregates and presents data from outside a client's network and control, rather than the traditional approach of only considering data within the client's control spectrum. The company’s flagship product is ScoutVisionTM, which integrates, correlates and prioritizes various threat feeds and then provides context, so that users can determine which threats are most critical. ScoutVision continuously ingests routing data describing ownership of over 53,000 autonomous systems, 500,000 CIDR blocks, billions of IP addresses, and aggregates over 40 million trace routes daily to provide context to more than 50 proprietary threat feeds.

About Lookingglass

Lookingglass Cyber Solutions is the world leader in Over-The-Horizon Cyber Threat Suppression, whose revolutionary solutions deliver deep visibility into the Internet threat landscape. With its ScoutVisionTM and CloudScoutTM solutions, Lookingglass offers alert and warning capabilities that empower customers to continuously monitor for over the horizon threats, such as the presence of botnets, hosts associated with cyber criminal networks, unexpected route changes and the loss of network resiliency. Lookingglass’ outside-in approach accounts for a client’s entire enterprise cyber ecosystem including the extended enterprise, and other networks beyond their control. This oversight ensures business partners or service providers are not the proximate cause of security breaches or data loss.

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