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Cybercriminals working faster than ever: Trend Micro

17 March, 2009
By Mark Cox

Malware exploits moved at unprecedented speed and volume this past year but 2009 may bring increasing cooperation among security vendors and law enforcement agencies to bring down criminal enterprises, according to the annual Trend Micro Threat Roundup & 2009 Forecast.

While malware authors have always moved quickly, releasing code as soon as an exploit is discovered, Trend Micro threat researchers witnessed faster-than-ever malware exploits in 2008, partly due to the "in-the-cloud" threat models and architectures cybercriminals have repurposed for profit, and making the Internet the major vector used in the dissemination of malware. For the security industry, this means traditional methods of protection are inadequate. Most of these threats are disseminated through the Internet cloud, making everyone who surfs the Web vulnerable to becoming victims.

In 2008, exploits such as Domain-Name-Server (DNS) changing malware that literally routes any machine to any site took on more aggressively. Browser exploits like the zero-day exploit for Microsoft Internet Explorer became a favorite of cybercriminals. Additional attacks were launched against other browsers - all done quickly and surreptitiously, before these companies were able to issue fixes.

Data-stealing malware also experienced tremendous growth in 2008. Initiated by a Trojan attack, the primary goal of data-stealing malware is to capture sensitive data from users' PCs then send it back to a bot herder or other criminal operators either for direct exploitation or for resale on the digital Black Market. From January until November 2008, a staggering 34.3 million PCs were infected with bots, software programs that allow remote control of a PC by a third party. The biggest three-month increase occurred from June to August when there was a 476-percent spike in infections. This year, however it's implemented, monetary gain will continue to drive the continuous creation of new malware.

Web threats will continue to involve multiple vectors, to avoid detection. These threats will employ the latest tricks and techniques, such as the DNS changer Trojan, as malware writers continue to leverage the best tools available.

A rise in ransomware may occur in the second half of the year, targeting small to medium-sized companies rather than individual home users. Companies with tightened budgets are especially vulnerable to criminals who request massive pay-offs. Small to medium-sized companies are large enough to have money worth extorting, but small enough that they cannot cope with threats of an IT disaster or large amounts of downtime.

As Mac computers, which do not usually ship with antivirus applications, continue to increase their market share, they will become increasingly vulnerable to attacks. Recent malware targeted to Mac users came from spammed messages and poses as a video application to distribute itself. When users clicked on the link to watch a video, they became infected with the malware. Threats exploiting bugs on alternative operating systems will grow, especially with the increasing popularity of Linux (because of the booming Netbook market).

Microsoft-haters need not fret though, as that company will continue to be the main target. Proof-of-concept malware will exploit Microsoft Windows 7, Surface, Silverlight, and Azure. Cybercriminals will continue to employ a more professional approach to time their zero-day exploits to disrupt Microsoft's monthly "Patch Tuesday" schedule."

Cybercriminals will also make new headlines of their owns, as cyber gang wars will make headlines, Trend Micro says. Security researchers are seeing virus wars, worm wars, and botnet wars -- due to increasing competition for financial gains from phishing and fraud, as well as the downsizing of criminal cyber gangs and improvements in security solutions. Look for growing competition between Eastern Europe and China to determine which country's crooks will be the first to include the latest exploits in their exploit kits.

Many threats encountered in the real world will also crop up in the virtual world. Since cyber criminals need large audiences to perpetrate their crimes, they have begun preying on residents in virtual worlds and players in online games, particularly in Asia where these games have become extremely popular.

According to experts, bad guys are already using the poisoned DNS (Domain Name System) cache to create covert communications channels, bypass security measures, and serve-up malicious content. Although the security community, including Trend Micro, is working closely with registries/registrars where possible, this is an issue that ICANN (Internet Corporation for Assigned Names and Numbers) must address.

Unlike the global economy, the underground economy will continue to flourish. Increases in info-stealing malware, geared toward stealing login credentials and banking and credit card information, will continue to thrive. In addition, rogue applications are big business in the underground, as well as malware auction sites.

For the full threat report, please visit URL http://trendmicro.mediaroom.com/index.php?s=65&item=383

 
 

Reprinted by permission of Integrated mar.com (integratedmar.com), EchannelLine © Copyright 2009 Integratedmar.com Corporation.

 
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