Business IT - Technology for your business

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Mobile operators get fixed price spectrum renewal in $3b Government windfall

The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.

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Cybercrims’ scare tactics to force rogue software buys

Business IT - Security

According to the study, 93 percent of the software installations for the top 50 rogue security software scams were intentionally downloaded by the user, and as of June this year, Symantec says it has detected more than 250 distinct rogue security software programs.

“The initial monetary loss to consumers who download these rogue products ranges from $30 to $100. However, the costs associated to regain ones’ identity could be far greater. Not only can these rogue security programs cheat the user out of money, but the personal details and credit card information provided during the purchase can be used in additional fraud or sold on black market forums resulting in identify theft,” Trilling warns.
 
“To make matters worse,” says Trilling, “some rogue security software actually installs malicious code that puts users at risk of attack from additional threats,” adding that “as a result, installing these programs can lower the security posture of a computer while claiming to strengthen it.

“For example, rogue programs may instruct the user to lower or disable any existing security settings while registering the bogus software or prevent the user from accessing legitimate security websites after installation. This, in turn, leaves users exposed to the very threats the rogue software promised to protect against.”

According to Symantec, there are several methods employed to trick users into downloading rogue security software, many of which the security firm says, rely on fear tactics and other social engineering tricks. Apparently, rogue security software is advertised through a variety of means, including both malicious and legitimate websites such as blogs, forums, social networking sites, and adult sites. While legitimate websites are not a party to these scams, Symantec cautions that they can be compromised to advertise these rogue applications, and that rogue security software sites may also appear at the top of search engine indexes if scam creators have seeded the results.

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