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Cyber-crooks Repeatedly Choosing Canada to set up Virtual Bases

Websense the global security major recently released its 3rd Canadian Cyber-Crime Report Card, according to which, overseas firms in large numbers are establishing virtual foundations inside Canada for propelling cyber-spying attacks against corporate houses.

The company outlines that there has been a 25% increase in malicious components harbored on Canadian online sites from year-to-year. Also, during March-May 2013, Canada occupied the tenth position on the list of countries supporting malicious software.

Senior Manager of Security Research, Carl Leonard of Websense said that cyber-crime operation in Canada was fast evolving as also getting executed in increasingly sinister forms. Hackers were shifting preference from bulk spamming as they merely reaped cents from individual victims' clicks to seeking far greater targeted assaults that involved social engineering tactics on the original end-user in a way that could yield massive dollars through possible illicitly-gained profit, he explained. Digitalhome.ca published this dated June 12, 2013.

Malicious users find Canadian websites dependable areas on the Internet, while websites, which harbor malevolent components, normally bypass notice of majority of security software. Leonard observes that this poses problems in locating the C&C servers that Web-intruders utilize for issuing commands to their malicious programs.

Leonard stated that ISPs really must shoulder the responsibility of watching over illegitimate activities and set real obstacles for the con artists. In that matter, laws could indeed help: if both private and public sectors joined hands, the challenge posed could be much greater, he contended. O.canada.com published this dated June 12, 2013.

It's worth specifying that during 2012, Canada was on third position among the countries that cyber-crooks chose for establishing virtual bases from where they executed malware attacks designed to carry out corporate espionage. Countries that preceded Canada were the Netherlands on No.2 and USA on No.1.

Websense's Country Manager for Canada Fiaaz Walji on the report's discoveries commented that malware creators didn't act in any predictable manner. They attained greater efficacy via camouflaging their malware remissions out of a dependable Canadian server rather than one from China, Russia alternatively other nations that already had established Internet crime-operations, Walji said. Darkreading.com published this dated June 12, 2013.

» SPAMfighter News - 6/19/2013

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