Wednesday, September 30, 2009

At Least One Part of The Economy is Growing: Cyber Crime

Maria Bruno-Britz writes on Bank Systems & Technology:

In case anyone thought it was getting easier to keep customer data safe, here are a few studies that will bring you back to reality.

The APWG (Anti-Phishing Working Group) released its latest Phishing Activity Trends Report and found that new records were being reached in a variety of areas, such as rogue anti-virus software, phishing websites and crimeware designed to target financial institutions' customers.

According to a release, the APWG H1, 2009 report [.pdf] found that the numbers of detected rogue anti-malware programs—fake security software that actually infects computers to animate assorted electronic crimes—grew 585 percent between January and the end of June 2009.

The number of unique phishing websites detected in June rose to 49,084, the highest since April, 2007's record of 55,643, and the second-highest recorded since APWG began reporting this measurement.

More here.


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