October 30, 2008

BitDefender Researchers Find Increase in Spam Productivity Due to World Financial Crisis

The worldwide financial crisis sparked an increase in spam production following the initial mid-September collapse of Lehman Brothers Bank, Bank of America and AIG, according to BitDefender(R) researchers. As the world's stock markets crashed, spammers attempted to lure recipients by promoting services that claimed to eliminate or leverage debts, mortgages, and other fiscal or loan obligations.

For example, a large spam wave targeting U.S. residents advertised the services of a company that allegedly offered to help stop home foreclosures. The message speculated the latest bailout plan announced by President Bush.

Based on a template used before the recession, additional spam campaigns featuring financial ads gained significant volume during the month of October. Usually limited to a single body or subject line, the messages direct users through Web links to various Web sites, most of which are involved in phishing schemes.

Other spam waves used the economic crisis as a simple decoy for advertising drugs, pirated software or replicas. Finally, one of the most recent spam attempts relied on a multiple combination of automatically generated and distributed junk e-mails and social networking profiles directing the targeted recipients to Web sites where they can "leave debt behind."

"Spammers have been using the current economic state and computer users' worries to their advantage by targeting spam campaigns towards those looking for not only more information about the recession but also those looking for how to better their current financial status," said Vlad Valceanu, head of BitDefender's Antispam Research. "It is extremely important for computer users to be cautious about the emails they receive, as well as the advertisements they chose to click on."

About BitDefender(R)

BitDefender is the creator of one of the industry's fastest and most effective lines of internationally certified security software. Since our inception in 2001, BitDefender has continued to raise the bar and set new standards in proactive threat prevention. Every day, BitDefender protects tens of millions of home and corporate users across the globe -- giving them the peace of mind of knowing that their digital experiences will be secure. BitDefender solutions are distributed by a global network of value-added distribution and reseller partners in more than 100 countries worldwide. More information is available on our security solutions' site.

SOURCE: BitDefender