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PandaLabs Issues Orange Security Alert: Economic Crisis is Forcing Cyber-crooks to be More Sophisticated.

Publication: Computer Weekly News
Publication Date: 30-OCT-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PandaLabs, Panda Security's malware analysis and detection laboratory, issued an orange security alert related to the use of fake antivirus programs to lure unsuspecting consumers into financial loss. According to PandaLabs, 30 million computers are infected by fake antivirus programs, generating nearly $14 million in profits for the cyber-criminals behind these scams every month.

"More than 30 million users have been infected by this new wave of fake antivirus programs," said Ryan Sherstobitoff, chief corporate evangelist for Panda Security. "The information we have at present suggests that approximately 3...



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