Spammers Cooking Up More Financial Fraud

January 10th, 2009 Rob Douglas

Financial spam scams tripled so far this year over last, spammers to target ‘tiny URLs’

It didn’t take long for spammers to jump on the financial crisis bus: A little more than one week into the New Year, financial spam has tripled over the same time last year, according to new spam data released today.

And in the wake of the recent Twitter phishing hack, look for the bad guys this year to start exploiting those convenient and cute “tiny URLs” (tinyurl.com).

These are among the big trends in spamming highlighted by Symantec, MXLogic, and MessageLabs (now part of Symantec) in their latest spam trend reports and forecasts. McAfee, which will release its spam report next week, also points to financially related spam, such as do-it-yourself home businesses aimed at the unemployed, and expects targeted phishing and corporate blackmail to jump this year as well.

Source: Dark Reading

Posted in Internet Security, Malware, Phishing, Spyware, cybercrime |

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