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Spam And Malware Targeting Social-Networking Websites Surging: F-Secure

F-Secure the IT security company in its most recent report for Q3-2010 i.e. July-September 2010 outlines that malware purveyors and spammers are increasingly attacking social-networking websites like Twitter and Facebook.

Remarking about these dreadful happenings, Security Advisor Sean Sullivan at F-Secure stated that there were anti-bodies built into social networks and they were the users themselves. While, previously the malevolent assaults developed over weeks, sometimes stretching to months, the latest Twitter assaults reached the zenith as also faded out in only 2-hrs., and a half, Sullivan explicated. Infosecurity.com published this during the 2nd week of October 2010.

Furthermore, the study paper stated that malicious code and PC viruses managed to disseminate quite fast via social-networking websites. However, Stuxnet a computer worm imposed the greatest danger, it observed. To spread, the malware crept through USB sticks alternatively self-replicated on network shares in case end-users had feeble passwords provided it managed to get into an organization.

Moreover according to F-Secure, its recent study indicates that Stuxnet contaminated a huge number of computers worldwide, while the infections that hit Iran in great numbers has initiated conjectures that a government had staged them in attempts to damage the affected country's nuclear program.

Now, apart from attacks targeting social-networking sites and those by Stuxnet F-Secure discusses a prominent incidence of banking fraud, which came into light recently. During September 2010, when police probed a theft of no less that 6m pounds out of Internet bank accounts, it led to the arrest of around 100 people as also blame on 10 individuals worldwide for conniving towards committing money laundering as well as defrauding. The alleged culprits apparently employed Zeus for being able to get hold of the login credentials of Internet banking associated with a minimum of 600 accounts that are held at the Royal Bank of Scotland, Lloyds TSB, Barclays Bank and HSBC.

Notes the security company, the attack isn't from any hobbyist. Individuals have developed it and they comprehend 'mobile' software very well. According to F-Secure, it expects that these individuals will carry on the development. Computeractive.co.uk reported this during the 2nd week of October 2010.

Related article: Spam Scam Bags a Scottish Connection

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