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The malicious economy: well funding and growing strongly
Information Technology News
The malicious economy: well funding and growing strongly | The malicious economy: well funding and growing strongly |
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| Information technology news - Internet | |
| by Stuart Corner | |
| Monday, 18 June 2007 | |
Finnish security specialist, F-Secure's latest Internet and mobile security review paints a gloomy picture of online criminals able to generate ample funds from their exploits to invest in ever more sophisticated tools with which to perpetrate their crimes.Featured Whitepaper
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F-Secure identified 'mobile malware' as a new and growing weapon in the cyber criminals' arsenal that is "making solid profits to support further development of the malicious economy." "Adding to the construction of a stronger malicious economy of sophisticated security breaches, the mobile malware industry became more active during the last 6 months. "Personalised" SMS spam, financial lotteries, and Viver trojans masking themselves as utility programs are some of the examples of the fast-developing mobile scams. New spyware was also reported for some Windows Mobile and Symbian S60 3rd Edition devices." Other recent trends identified in the report included social engineering reaching a new level of sophistication via the Small.DAM Trojan which wreaked havoc via e-mail in January, 2007. "Masking itself under the pretence of shocking headline news, linked to real-life events such as the January storms in Europe, the Storm-Worm spread at an alarming speed across the globe in just one night."{moscomment} |
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