Current antispam laws are failing the enterprise and spyware is creating a confidential black hole for enterprise organizations.
So says Clearswift research and development director Alyn Hockey, who added that despite legislation changes and improved e-mail filtering, spam will start launching increasingly damaging attacks on corporate networks. Organized crime networks will also drive the spread.
"Big organizations are equally at risk from spyware, facing the loss of confidential information and intellectual property," Hockey said.
"Spam is also the entry point for phishing, much of which is driven by organized crime. IT is estimated that phishing attacks in the US have cost banks and card issuers more than $1.2 billion in the past year. Australia is increasingly becoming a target for these kinds of attacks, where recipients of spam are duped into providing banking and credit card details.
"Spam is more than just a nuisance which clogs our inboxes. It carries increasingly vicious threats, most of which are motivated by big money rewards."