Anti-Phishing Working Group: ‘Crimeware’ Nearly Doubles in December
February 20, 2006 The Community
From Bank Systems and Technology Online…
The number of sites distributing “crimeware” - or software engineered for criminal activity like identity theft - nearly doubled in December, rising from 4,630 in November to 7,197 the following month, according to a report issued today by the Anti-Phishing Working Group (APWG).
APWG Chairman David Jevans said in a statement, “The speed, precision and massive scale by which the phishers were able to identify and exploit this vulnerability for criminal enterprise highlights the fact that the eCrime industry has reached a level of efficiency that has the potential to threaten the larger online economy.”
Crimeware refers to a subset of malicious software, or malware, that has been specifically engineered for criminal activity like information theft and identity fraud. It can be thought of …
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