McAfee Labs has reported that cyber criminals make profits upwards of $300 million worldwide from scamming consumers with scareware
We're seeing a steady if not rapid growth of scareware
which -- like other high-profile threats -- will eventually begin to diminish in success and profitability once end-users become wise to them," said Derek Manky, project manager, cyber security and threat research, Fortinet.
htm" target="_blank">Mac Defender</a> is a piece of fake antivirus software, or scareware
, that pretends to scan for viruses, when in fact it redirects the user's browser to pornographic web sites (to convince a user that the computer is infected).
Based on research conducted by the Thirtyseven4 Antivirus team, it is estimates that over fifty percent of schools have encountered at least one scareware
infection over the last calendar year and scareware
remains the current top virus-related issue affecting schools.
A Russian payment processing firm may be behind the Mac Defender scareware
- or at least be turning a blind eye to the scammers.
In light of reports of increasing incidents of scareware
and rogue antivirus programs recently appearing on the Internet, Barracuda Networks Inc.
, or Fake Antivirus software - Scareware
is the fake antivirus software that tricks someone into believing that their computer is at risk--or already infected--so they agree to download and pay for phony software.
Mike Chandler, the CEO of ASICSoft, an integrated circuit engineering services firm in San Jose, California, said: "The UTM9S does a fantastic job securing us from social media malware and scareware
phishing scams, while keeping our workforce focused and productive.
com/kb/HT4650">instructions </a>for removing the MAC Defender scareware
, and says it will also publish a software update that will automatically remove MAC Defender in the coming days.
Department of Justice and the FBI announced that they had cracked an international cybercrime ring believed to have scammed more than $72 million through scareware
In addition to protecting against Mac-specific malware, the software also addresses the full range of threats - Trojans, viruses, exploits, spyware, keyloggers, adware, hacking tools, botnets, dialers, scareware
, and others - designed for Windows, but which can also affect the Mac platform, particularly web-based threats.
As in past years, cyber criminals have launched a war on the season through a multitude of holiday-themed scareware
, spam and Blackhat SEO attacks.