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August 2003 sees rise in virus activity.

INTERNET BUSINESS NEWS-(C)1995-2003 M2 COMMUNICATIONS LTD

Digital risk management company mi2g has reported that the month of August 2003 has seen an increase in the damage caused by worms and viruses.

The company claims that the increase is due to two new viruses - MSblast and Sobig which caused USD525m and USD5.59bn of economic damage respectively. This figure makes Sobig the fourth most damaging virus ever after Klez in first place with USD13.92bn followed by Love Bug and Yaha with USD8.75bn and USD6.32bn respectively.

A spokesperson for mi2g said that companies should apply software updates, avoid opening suspicious attachments and invest in holistic security architecture.

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Publication:Internet Business News
Article Type:Brief Article
Date:Aug 28, 2003
Words:121
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