Feeds

When the going gets tough, the tough go shopping

Ecommerce snapshot

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Online sales jumped in the 2004 holiday season, with the value of the business 88 per cent up on 2003. Transaction volume grew 39 per cent over the year, according to a study by net infrastructure firm VeriSign.

VeriSign processed approximately $12bn in online sales between 1 November and 31 December, compared to $6.4bn in the same period in 2003. Transaction volumes at games stores almost doubled while online digital music sales rose in numbers by 59 per cent. Meanwhile, consumer electronics saw a 27 per cent fall in transaction volumes.

The fifth edition of the VeriSign's Internet Security Intelligence Briefing (ISIB) - which cover the period from October 2004 to January 2005 - concludes that increased customer confidence in shopping online and increased access in broadband are leading to a boom in consumer ecommerce. The number of active VeriSign SSL certificates worldwide increased, with more than 15 per cent growth in 2004 over 2003.

Although consumer confidence and infrastructure spending may be buoyant, threats remain. The US remains one of the highest ranking sources of fraud in terms of transaction volume, along with Romania and Vietnam, according to VeriSign. The net infrastructure firm also reports that worm propagation attempts, using vulns such as “MS-SQL version overflow”, account for the majority of security events it monitors. During Q4 2004, VeriSign counted more than 680,000 “MS-SQL version overflow” attempts and over 375,000 “MS-PCT Client Hello overflow” attempts. ®

Related stories

Security incidents and cybercrime on the up
Fraudsters expose 100,000 across US
More advisories, more security
The strange death of the mass mailing virus

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.