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Web site-based crimeware hits all-time high

 

The use of malware on Web sites to steal passwords and other sensitive information is skyrocketing, according to a new report from the Anti-Phishing Working Group.

The number of URLs with hidden code for stealing passwords nearly tripled between July 2007 and July 2008, to a record high of 9,529, while the number of malicious-application variants hit a high of 442 this May, the APWG reports in its quarterly report (PDF) issued this week.

The increase is primarily due to malicious code being used in SQL injection attacks, in which a small malicious script is inserted into a database that feeds information to the Web site. Typically, the host site is legitimate such as BusinessWeek's, not a phishing site created for the sole purpose of stealing consumer data.

The financial-services industry is the most targeted sector for phishing attacks, followed by those focusing on auctions and payment services, the report found.

"Cybercriminals continue to increase their activities to levels never before seen in the five years since the APWG has been monitoring phishing and crimeware," APWG Chairman Dave Jevans said in a statement.

The recession is prompting even more malicious activity online, he said.

"The current financial crisis has also been used by phishers to create new scams that try to scare consumers into entering their usernames and passwords into sites that mimic those of well-known distressed financial institutions," Jevans said. "As the economy degrades, we are seeing a continual increase in malicious and criminal activity on the Internet."

 

Source: CNET.com


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