Cybercrime

Trojans Fastest Growing Category of Data-Stealing Malware

The Anti-Phishing Working Group (APWG) recently reported that the number of sites infecting PCs with password-stealing crimeware reached an all time high of 31,173 in December 2008 - an 827 percent increase from January. And according to a report just released by Trend Micro's Focus Report, 93 percent of data-stealing malware have been identified as Trojans in the first quarter of 2009. more

US Continues to Lead As Top Country Hosting Phishing Attacks

Recent study indicates that US continues to widen its lead as the number one country when it comes to hosting phishing sites. According to the latest Brandjacking Index just released by MarkMonitor, US-hosted phishing sites grew by ten percent from last quarter -- up from 36 percent to 46 percent. Canada is now at second position with 4.7 percent of all phishing attacks, followed by the Russian Federation (4.5 percent), France (4 percent), and Denmark (4 percent). more

Gary Warner: We Are Well Past Time to Declare a Spam Crisis in China

In a blog post last week, Gary Warner, director of research in computer forensics at the University of Alabama's (UAB) computer and information sciences department, wrote that it is well past time for someone to declare a "Spam Crisis in China". The warning comes along with UAB's reports that most of the spam they receive has ties to China. "It is very normal that more than one-third of the domain names we see each day in spam messages come from China," Warner wrote. "When one also considers the many '.com' and '.ru' domain names which are also hosted in China, the problem is much worse. More than half of all spam either uses domain names registered in China, is sent from computers in China, or uses computer in China to host their web pages." more

Obama: From Now On Digital Infrastructure Treated As Strategic National Asset

In a speech today from the White House, President Obama declared that the United States' computers and digital networks are strategic national assets and that he will personally appoint a cybersecurity coordinator to oversee the effort to protect this critical infrastructure. more

New Research Finds Over 80% of Domain Names Used by Phishers Are Legitimate Domains

New research from the Anti-Phishing Working Group (APWG) has found that up to 81% of domain names used for phishing are legitimate domains that have been hacked. More specifically, out of the 30,454 phishing domains under observation, only 5,591 domain names (18.5%) were registered by phishers according to APWG. The remaining small percentage of the domains used in phishing belonged to subdomain resellers such as ISPs and other web-based services. more

Rustock, Xarvester Spambots Capable of Sending 25,000 Messages Per Hour, Says New Study

A recent study suggests Rustock and Xarvester malware provided the most efficient spambot code, enabling individual zombie computers to send 600,000 spam messages each over a 24 hour period. "Over the past few years, botnets have revolutionized the spam industry and pushed spam volumes to epidemic proportions despite the best efforts of law enforcement and the computer security industry. Our intention was to better understand the origins of spam, and the malware that drives it," said Phil Hay, senior threat analyst, TRACElabs (a research arm of security company Marshal8e6)... more

Implications of California Telecom Attack Gone Un-Reported

In an article titled "A Cyber-Attack on an American City", Bruce Perens writes: "Just after midnight on Thursday, April 9, unidentified attackers climbed down four manholes serving the Northern California city of Morgan Hill and cut eight fiber cables in what appears to have been an organized attack on the electronic infrastructure of an American city. Its implications, though startling, have gone almost un-reported. That attack demonstrated a severe fault in American infrastructure: its centralization. The city of Morgan Hill and parts of three counties lost 911 service, cellular mobile telephone communications, land-line telephone, DSL internet and private networks, central station fire and burglar alarms, ATMs, credit card terminals, and monitoring of critical utilities..." more

Asia, Europe Top the Charts on Conficker Worm Infections

Amidst hype and anticipation of the Conficker worm which is expected to become active in millions of Windows system within the next few hours, IBM Internet Security Systems team reports they have been able to locate infected systems across the world by reverse-engineering the communications mechanisms. Holly Stewart, X-Force Product Manager at IBM Internet Security Systems, writes: "... the details are still unfolding, but we can tell you from a high level where most infections are as of today. Asia tops the charts so far. By this morning, it represented nearly 45% of all of the infections from our view. Europe was second at 31%. The rest of the geographies held a much smaller percentage overall." more

Security Researchers Uncover Cyber Espionage Network Invloving 103 Countries

A report released over the weekend by Information Warfare Monitor along with an exclusive story by the New York Times, revealed a 10-month investigation of a suspected cyber espionage network (dubbed GhostNet) of over 1,295 infected computers in 103 countries. 30% of the infected computers are labeled as high-value targets, including ministries of foreign affairs, embassies, international organizations, news media, and NGOs. Greg Walton, editor of Information Warfare Monitor and a member of the Toronto academic research team that is reporting on the spying operation, writes... more

StopBadware.org and Consumer Reports Launch BadwareBusters.org

StopBadware.org and Consumer Reports WebWatch have announced today the full launch of BadwareBusters.org, a new online community for people looking for help preventing and countering viruses, spyware, and other "badware" on their computers and websites. Maxim Weinstein, manager of StopBadware.org at Harvard University's Berkman Center for Internet & Society, says the site is not only a useful destination, but also a piece of a bigger puzzle. "BadwareBusters.org is part of StopBadware's strategy to bring together the people, the organizations, and the data that allow us to fight back against the spread of badware," Weinstein said. "The collective wisdom of the BadwareBusters community will inform not only individuals, but the entire technology industry." more

C-SPAN Interview: Internet and Cybersecurity

C-SPAN interviews professor Gene Spafford from Purdue University on the topic of cybersecurity and how the current Internet is a conduit for all types of "cybercrime". He also talks about the much discussed article "A New Internet?" by John Markoff in the February 14, 2009, New York Times in which he was quoted. The piece argued for a new type of Internet that is more secure with the trade-off of users giving up more of their anonymity. Professor Spafford talks about alternative solutions and he responded to questions via telephone calls and email. more

Yellow Parking Violation Fliers on Windshields Get Drivers to Visit Malicious Website

Security expert and malware analyst, Lenny Zeltser has examined a creative malware distribution method in the real world where fliers placed on windshield of cars scare drivers into visiting a malicious website. Zeltser writes: "Several days ago, yellow fliers were placed on the cards in Grand Forks, ND. They stated: 'PARKING VIOLATION This vehicle is in violation of standard parking regulations. To view pictures with information about your parking preferences, go to website-redacted' ... If you went to the website, you'd see several photos of cars on parking lots in that specific town..." more

Data Breach Costs Continue to Rise, 40% Increase Since 2005

According to a new study by PGP Corporation and Ponemon Institute, data breach incidents cost U.S. companies $202 per compromised customer record in 2008, compared to $197 in 2007. The study is based on 43 organizations across 17 different industry sectors with a range of 4,200 to 113,000 records that were affected. It is also noted that since 2005, the cost component has grown by more than $64 on a per victim basis since -- nearly a 40% increase. more

Malware Detection Declining, Anti-Phishing Filters Detect Less than 50% of Attacks, Says Report

A study comparing best-of-breed computer security vendors suggests more than half of active malware and phishing threats on the Internet go undetected, with an average detection rate of 37% for malware and 42% for phishing. "Given the dynamic nature of today's online threats and the traditionally reactive approach taken by today's malware and phishing detection technology, conventional signature-based solutions are inherently at a disadvantage to keep up," said Panos Anastassiadis, CEO and Chairman of Cyveillance. "Because the majority of damage occurs during the first 24 hours of an attack, early detection of attacks is crucial." more

X-Force Report: Corporations Becoming No. 1 Security Threat to Their Own Customers

With the alarming increase in cyberattacks, criminals are literally turning businesses against their own customers in order to steal consumer's personal data, warns the latest annual X-Force Trend and Risk report from IBM. "The security industry puts a lot of effort into the technical evaluation of security threats, examining, sometimes at great length, the potential threat that each issue might present to corporations and consumers. Criminal attackers out for profit, however, have considerations that the security industry does not always take into account, such as monetization cost and overall profitability." more