McAfee Releases Virtual Criminology Report, Edition 4
David Marcus writes on the McAfee AVERT Labs Blog:
Today McAfee released its Virtual Criminology Report, our annual study of global cybercrime. We found that cybercriminals are targeting their scams to play off of the economic recession, and governments need to be doing more collaboration to face the problem.More here.
The economic downturn affected cybercrime scams almost immediately. As soon as banks started struggling and mergers and acquisitions became commonplace, we started seeing an immediate increase in banking scams asking users to ‘update their account information’ before the bank changed hands. With almost all of today’s malware being financially motivated, even cybercriminals are looking for more business in tough economic times and are really stepping up their game.