Wednesday, August 6, 2008
Computer viruses, phishing scams and spyware have cost the US economy $8.5 billion over the past two years, according to a new report.
Published by Consumer Reports, the study showed that more than 500,000 computers have had to be replaced during the past six months because they are infected with various forms of malware.
However, the group indicated that there are signs that antivirus protection and web filters are combating threats more effectively.
Research showed that people currently have a one in six chance of becoming a victim of identity theft and fraud, down from one in four in 2007.
Despite this, it reiterated the threat that phishing scams pose.
"Phishing still thrives it's easy for criminals to download sophisticated and cheap phishing kits that feature authentic-looking corporate logos and other tools," the report explained.
Elsewhere, ZDNet has recently reported that a growing number of phishing scams are targeting other fraudsters to further widen their nets.
Related News:
Social networks new rising target for cybercriminals - 12.17.2008
Cybercriminals are focusing their efforts on social networks, given its rising popularity and potential to manipulate the user through "friend" messages.
Malware targets the French - 12.10.2008
Websense reported yesterday of malware targeting French users that appears to be taking advantage of some recent security updates from Microsoft.
Facebook has Koobface - 12.5.2008
Despite its seemingly secure system, Facebook has been infected with a virus that aims to download malware onto users' computers.
Christmas malware emails on the prowl - 12.1.2008
Emails containing a link for an animated holiday card are an early present from malware attackers.
This year's unwanted Christmas presents - 11.28.2008
There will be a sharp rise in the number of phishing attacks and online fraud this Christmas, Dark Reading has warned.
