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The Storm worm is showing no signs of letting up in its Valentine's Day assault.. The infamous Storm botnet has been linked to a new spam run recorded earlier this week. Crafty spammers overnight launched a new wave of pump-and-dump scams, this time delivering junk mail that includes audio attachments encouraging recipients to buy a penny stock.
Internet fraudsters did not wait long to capitalise on the election of Barack Obama, flooding inboxes on Wednesday with malware spam. Email users are again getting the electronic age's version of coal in a stocking - holiday-season spam and malware. Spammers are using increasingly inventive ways to circumvent email systems and find their way into inboxes. Another phishing email claiming to be from the Australian Tax Office (ATO) is circulating through inboxes under the guise of offering a tax refund. Researchers from University of California, Berkeley and UC, San Diego (UCSD) have published a report detailing how they hacked a spamming network to collect data on the economics of the problem. There has been a vast increase in spam making reference to troubled high street banks. Web monitoring firms are warning IT administrators to update their spam filters after a massive new spamming campaign was detected. Spammers are changing tactics again slightly, but sticking with the basic new theme of disguising spam under the banner of news.
Google and eBay have joined forces to protect users from spam and malicious emails by leveraging an authentication technology called DomainKeys. PayPal, eBay and Gmail have teamed up to try and limit the amount of spam or phishing mails that their customers receive. Crushing the Storm worm, the Srizbi botnet has caused a sharp rise in the circulation of malicious spam which is said to have tripled in just one week. The infamous storm worm trojan, which first hit inboxes in January, is poised to become a for-sale spam botnet system, complete with fast-flux DNS and hosting capabilities. A look at two of the signing technologies PayPal plans to use to improve sent email authentication, which would allow ISPs to drop each email that isn't properly verified. Security firm Sophos has launched a Spam Pledge to mark the 30th anniversary of junk email, urging users to help stamp out the scourge of spam. As might be expected, email users are beginning to see the first stages of what is expected to be a major phishing attack capitalising on the populace's eager expectation of IRS refund checks, as well as the Bush administration's economic stimulus payment distribution, scheduled to begin May 2. Pump-and-dump spam, which dominated inboxes in the first half of the year, has given way to image spam and messages pushing 'sexual enhancement' drugs, according to a report from security firm BitDefender. A court in Virginia has struck down a spammer's appeal that his conviction violated his rights to free speech..