A new variant of SpyEye malware allows cybercriminals to monitor potential bank fraud victims by hijacking their Web cams and microphones, according to security researchers from Kaspersky Lab May 21. SpyEye is a computer trojan that specifically targets online banking users.

Like its older cousin, Zeus, SpyEye is no longer being developed by its original author but is still widely used by cybercriminals. SpyEye’s plug-in-based architecture allows third-party malware developers to extend its original functionality, a Kaspersky Lab malware researcher said.

Published in Financial
Monday, 23 March 2009 00:00

Phishing Gets Automated

Phishing expeditions business and personal data are rising to record levels, with fake anti-malware campaigns alone increasing by 225 percent in the last six months of 2008. Password-stealing Web sites jumped 827 percent IN 2008. The reason is the phishers are investing in automation. A new report from the Anti-Pjhshing Working Group (APWG) gives a sense of just how aggressive the phishers and malware makers are becoming in search of one’s business (and personal) data.

Published in News
Friday, 27 March 2009 19:19

psyb0t Worm Targets Linux Routers

Users of Linux-based routers are being warned of a new worm in the wild which attempts to take control and add their device to a growing botnet. As reported over on vnunet.com on March 25, the ‘psyb0t’ worm was first spotted by security research group DroneBL recently, but may have been spreading since the start of the year.

Designed to brute-force the password of routers running Linux compiled for the RISC-based MIPS chip, including ones running custom OpenWRT and DD-WRT firmwares, the worm takes control of poorly secured devices and joins a botnet which the DroneBL group estimates may have grown to as large as 100,000 compromised devices so far.

Published in News
Thursday, 26 March 2009 00:00

The World’s Malware Factory

With China’s economy cooling down, some of the country’s IT professionals are turning to cybercrime, according to a Beijing-based security expert. Speaking at the CanSecWest security conference last week, the CEO of Knownsec, a Beijing security company, said that while many Chinese workers may be feeling hard times, business is still booming in the country’s cybercrime industry.

Published in News
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