Panda Warns of Cybercrime - InformationWeek
IoT
IoT
Government // Cybersecurity
News
8/28/2006
01:25 AM
50%
50%

Panda Warns of Cybercrime

Eighty-eight percent of the new malware detected by PandaLabs in the second quarter of 2006 was related to cyber-crime

SAN JOSE, Calif. -- Eighty-eight percent of the new malware detected by PandaLabs in the second quarter of 2006 was related to cyber-crime. This is one of the conclusions of the newly published PandaLabs report, which offers a global vision of malware activity over this period. The report offers a day by day analysis of the most important events related to malware and IT security. This report can be downloaded, free of charge, from: http://www.pandasoftware.com/pandalabsQ22006/.

One of the conclusions of this report is the confirmation of the new malware dynamic, based on the main objective of obtaining financial returns. The statistics leave no room for doubt: of all the new examples of malware detected by PandaLabs, over 54 percent were Trojans, compared to 47 percent in the previous quarter. This type of malicious code is highly versatile and can be used to take a series of actions on infected computers (stealing confidential data such as bank details, downloading other malicious applications, etc.). Bots on the other hand, a type of malicious code used to build networks which are then sold or rented to the highest bidder, were in second place, representing 16 percent of the total, a four point increase on the previous quarter. New backdoor Trojans accounted for 12 percent, while dialers represented just 3.8 percent of all malware.

According to Luis Corrons, director of PandaLabs: “the results show how malware creators are concentrating on profiting from their efforts, creating increasing numbers of Trojans and bots. The greatest danger lies in the fact that they are installed and operate silently without users noticing any of the typical symptoms of infection and therefore victims are unaware that their computers are being used to steal from them or even from third-parties. This false sense of security works in favor of the attackers.”

The PandaLabs reports details other interesting events from the last quarter regarding IT Security, including the impact of new vulnerabilities in Microsoft Office or the problem concerning the recent theft of laptops with confidential information about thousands of users.

Panda Software

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll