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India Jumps to Tenth Spot in Spam-producers’ List

Security firm Symantec's latest report on underground economy revealed that India is the tenth biggest spam-producing country in the world. Large-scale circulation of spam in the Internet world of the country is responsible for this latest ranking of India.

According to the report, during the period spanning from December 2007 to November 2008, over 1,000 phishing assaults were launched via e-mail on the customers of several well-known Indian banks. Also, above 600 phishing sites were reported to have India-hosted IP (Internet Protocol) addresses.

Shantanu Ghosh - Vice President (India operations), Symantec - stated that the rising level of spam generation in India has pushed up the country from the 15th position to its present tenth position. Also, the US has once again managed to retain its topmost position, as per the news published by Business Standard on December 2, 2008.

Shantanu further added that phishing and spam are the most prevalent and widespread activities in black economy. He also stated that it is comparatively easier to enter into the world of underground economy as it promises the entrants of higher profits. The total worldwide worth of products advertised on the servers of this black economy was estimated to be over $276 Million during December 2007 to November 2008. Additionally, out of the total compromised PCs, 6% were discovered in India, which is certainly an alarming figure.

Other than India, Brazil, the Russian Federation, Columbia, China, Spain, Turkey, Argentina and Korea are the other countries that are presently the major spam generators in the world.

According to security experts at Symantec, in 2008, techniques to launch phishing and spam attacks have undergone certain alterations. For instance, the use of specialized botnets has evolved out as the most common trend in the recent times.

Moreover, in 2008, phishing assaults, with their usual frequency, have now gone a step ahead to include online retailers and recruitment firms in their hit list while earlier, their prime focus was financial institutions. Also, it is expected that there will be an increase in the number of specialized banking trojans next year.

Related article: India Remains an Easy Target for Hackers in '06

» SPAMfighter News - 12/18/2008

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