Phishing image

Phishing and spam continue to rise

Messaging firms warn of continued rise in phishing and spam mails

Written by Phil Muncaster

MessageLabs has warned that the spam and phishing epidemics could spread, as its latest monthly intelligence report found levels of unsolicited mail continued to rise while viruses dropped in volume.

Chief security analyst at the firm Mark Sunner explained that spam levels have been driven by the activity of more robust botnets that are capable – thanks to Trojans such as SpamThru – of sending out a larger volume of spam.

"Few people realise that spam traffic levels are not linear, they're very spiky, so these botnets are not being used to capacity – all the evidence we have would indicate that we're looking at the thin end of the wedge in terms of volumes," he said.

Phishing attacks are also continuing to rise because the email channel is largely "buttoned down" according to Sunner. He added that attacks are also becoming more sophisticated, for example the criminals are now using man-in-the-middle attacks to circumvent the two-factor authentication methods now employed by many organisations, such as PayPal.

Separately, web security services provider ScanSafe released its annual threat report last week, warning firms that the potential risks from users browsing the web are higher than ever before.

The firm found that one in five internet searches generates inappropriate or malicious content, while up to one in 600 social networking pages contains malware. "In 2007, the notion of real-time scanning of content will be important," argued ScanSafe's Dan Nadir. "Everyone thinks that you can pre-populate a database with known malware sites but you can't say MySpace as a whole is a bad site, for example."

Enjoyed this article? Help spread the word:

Comments

Reader comments for this story

White papers

Related jobs

Spotlight

Richard Atkinson, FD of All England Tennis Court

Profile: Richard Atkinson, FD of All England Tennis Club

As Wimbledon reaches a heady climax, the FD of All...

PwC 10-year anniversary special report

Relive how the controversial mega-merger of Price Waterhouse and Coopers...

Make partner fast with YP

The latest edition of Young Professional features our definitive guide...

Find your next job

Find your next job
Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Have your say

Has the credit crunch made you fear for your job?
Yes, my company says jobs will go
Maybe, if things get worse, I could be hit
No, business is quite stable

Job of the week

More finance jobs...

Your next job