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‘Cyber thieves are hauling in more cash than drug

globaltelconews-admin by globaltelconews-admin
4 May, 2007
in English
0

“The malware epidemic is exploding and our Malware Research Center has witnessed some disturbing trends such as blended attacks, proliferation of toxic rootkits and worst of all a 120-percent increase in new crime-based threats,” said Michael Greene, PC Tools’ Vice President of Product Strategy.

“Cyber thieves are making as much money as drug dealers, according to a recent global identity theft report (1). Given the huge rise in ID theft this year, it would be safe to presume cyber thieves are now earning as much as a small country. It’s a massive problem and this is why we are facing one of the most significant Internet security battles ever. Everyone is vulnerable—from those using social networking sites to individuals simply filing online taxes. Those security vendors who do not revise their Internet security technology will be ineffective.”

“We had no choice but to respond quickly and upgrade our Spyware Doctor product. As we watched the number and complexity of these dangerous threats grow, we either had to face the problem with all guns blazing or simply exit the security field,” said Greene.

PC Tools’s Malware Research Centre has identified these disturbing trends:

* Blending of virus and spyware attacks on users—making malware more complex and seen to be specifically targeting personal information.

* Metamorphoses of Trojans—where basic signatures of threats are constantly changing to confound anti-malware scanners.

* Proliferation of toxic rootkits that remain in stealth mode for weeks or even months before unleashing dangerous attacks on users.

“In response, we have re-engineered our anti-spyware approach. Spyware Doctor 5.0 offers anti-virus and new patent pending spider scanning technology that goes beyond simply signature identification. We look at behavioural patterns and develop solutions to kill the entire threat and bring computers back to life,” Greene said.

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