Web Security News

Hackers attack anti-virus industry's reputation with scareware

Monday, October 26, 2009

Fake anti-virus software - also called scareware or rogueware - is a wildly successful scam that makes millions of dollars from victims who buy phony anti-virus products. But legitimate AV software also takes a hit from scareware's success.

Trend Micro CEO Eva Chen said the cybercriminals who peddle scareware by infecting user PCs with Trojan downloaders that warn "your PC is infected" are targeting the anti-virus industry's infrastructure and undermining its reputation as an effective tool against malware, according to IDG News Service.

"There are really two industries fighting," Chen said in an interview with IDG News. "The hackers, they are attacking the antivirus industry's infrastructure."

Chen said anti-virus companies like Trend Micro fought back against the proliferation of viruses from hackers with blacklisting of malicious code. This led to anti-virus "bloat," as the software needed to be continuously updated with new detection signatures.

Now, anti-virus companies are moving toward a "whitelisting" approach, which uses reputation-based software to recognize websites that are clean of viruses.

In the battle of cybercriminals and web security companies, the criminals have a revenue stream from scareware that makes them rich and encourages more criminal activity. ADNFCR-1765-ID-19426191-ADNFCR

Related News:

Nearly 3,000 smartcard phones infected - 3.19.2010
Nearly 3,000 memory cards in HTC Magic smartphones released by Vodafone were infected by malware before purchase, Vodafone Spain reported on Friday. The initial scare came last week when a researcher for Panda Security discovered the breach on her newly purhcased phone.

Google removes malware-spreading site from searches - 3.19.2010
Google announced on Friday that DealsDirect, Australia's largest discount estore, was temporarily blocked from direct access by users after the search engine detected malware on the site.

Facebook bigger threat to web security than Twitter - 3.19.2010
The amount of information available on a person's Facebook profile page makes the popular social networking site more dangerous than other popular competitors such as Twitter, according to AVG Technologies.

Web security professionals skeptical of national broadband - 3.18.2010
Leading web security experts believe that the recently released National Broadband Program is potentially a major risk to national web security. As more people move from dial-up and other slower forms of internet access, they will be exposed to malware and be unable to handle it.

Authorities call for increased URL regulation - 3.18.2010
In an effort to attack malware at the root of the problem, the Federal Bureau of Investigation and the UK's Serious Organised Crime Agency submitted a new list of recommendations to the Internet Corporation for Assigned Names and Numbers that would make it more difficult to register a domain on the web, according to IT World Canada.

View Related Resources
Or
Watch an Online Demo
Or
Have us call you now