Social network and banking scams are on the rise, says Cisco
IDG News Service - What do phishing, instant messaging malware, DDoS attacks and 419 scams have in common? According to Cisco Systems, they're all has-been cybercrimes that were supplanted by slicker, more menacing forms of cybercrime over the past year.
In its 2009 Annual Security Report, due to be released Tuesday, Cisco says that the smart cyber-criminals are moving on.
"Social media and the data-theft Trojans are the things that are really in their ascent," said Patrick Peterson, a Cisco researcher. "You can see them replacing a lot of the old-school things."
Peterson is talking about attacks such as the Koobface worm, which spreads via Facebook and Twitter. Koobface asks victims to look at a fake YouTube video, which ultimately leads to a malicious download. Cisco estimates that Koobface has now infected more than 3 million computers, and security vendors such as Symantec expect social network attacks to be a major problem in 2010.
Another sneaky attack: the Zeus password-stealing Trojan. According to Cisco, Zeus variants infected almost 4 million computers in 2009. Eastern European gangs use Zeus to hack into bank accounts. They then use their networks of money mules to wire stolen funds out of the U.S. They have been linked to about $100 million in bank losses, some of which have been recovered, the U.S. Federal Bureau of Investigation said last month.
With that kind of success, older types of attacks such as instant messaging worms and phishing are now on the decline, Peterson said.
Traditional phishing is becoming harder as consumers become wary of suspicious banking sites and the banks themselves are now adept at getting these sites taken off the Internet.
Those factors make password stealing Trojans like Zeus even more popular, Peterson said. "They're focusing on other ways to basically accomplish the same thing."
One scourge that's not slowing down, however, is spam. Cisco expects spam volume to rise between 30 and 40 percent next year, even though countries such as the U.S. have knocked some spammers offline. In fact, U.S. spam dropped 20 percent in 2009, and the U.S. lost its traditional position as the world's number-one source of spam. More spam now comes from Brazil, Cisco says.
- Best iPhone, iPad Business Apps for 2014
- 14 Tech Conventions You Should Attend in 2014
- 10 Desktop Apps to Power Your Windows PC
- How to Add New Job Skills Without Going Back to School
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- Cybersecurity Imperatives Reinvent Your Network Security With Palo Alto Networks The Rise of CyberSecurity
Red Hat Enterprise Linux - The Original Cloud Operating System
Linux adoption is growing against a number of measures, such as the
number of supercomputers that run Linux and the size of the contributing...
- OpenStack Hype vs. Reality: CIO Quick Pulse Open-source architecture can enable IT departments to build infrastructure-as-a-service (IaaS) clouds running on standard hardware.
- Building a Bridge to the Next Generation Data Center Selecting a widely adopted operating system is a foundational component of a standardization strategy.
- Live Webcast Best Practices for the Hyperconverged Enterprise Network To the Age of Constant Connectivity and Information overload
- Live Webcast Unmasking the Differences between Consumer and Enterprise File Sync & Share The consumerization of IT combined with the rapid pace of the modern mobile workplace is forcing enterprise IT teams to evaluate file sync...
- Live Webcast Government Agency Webifies Outdated COBOL Applications Let this CTO tell you how his agency converted 1980s-era green screens into an e-filing portal for the 100,000 cases handled each year...
- The New Way to Work Knowledge Vault This Knowledge Vault focuses on how, in today's increasingly virtual world, it's more important than ever to engage deeply with employees, suppliers, partners,...
- Getting Ready for BlackBerry Enterprise Service 10.2 Find out how BlackBerry® Enterprise Service 10 helps organizations address the full spectrum of EMM challenges, while balancing the needs of both the... All Applications White Papers | Webcasts