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Symantec Report on Rogue Security Software Symantec Security Response October 19, 2009
Scareware ,[object Object]
Scareware – also known as fake security software– trick people into downloading them, often through unfamiliar websites. Scammers rely on fear tactics and other social engineering tricks to dupe users into purchasing and installing fake security software
Scareware often looks like legitimate security software.  It tries to convince you that your computer is at risk and then pressures you to purchase software that won’t actually protect you  and won’t remove threats from your computer.  ,[object Object]
Fat Cat Cybercriminals Are Growing Rich By Scareware Franchising ,[object Object]
Scarewarescammers are paid every time they trick someone into installing the fake security software, and commissions are greater for installs of software that also contain malicious code,[object Object]
Scareware may actually install malicious code
Scareware scammers may use the personal information provided by the victim to purchase the fake security software to commit fraud, including identity theft

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Symantec Report On Rogue Security Software

  • 1. Symantec Report on Rogue Security Software Symantec Security Response October 19, 2009
  • 2.
  • 3. Scareware – also known as fake security software– trick people into downloading them, often through unfamiliar websites. Scammers rely on fear tactics and other social engineering tricks to dupe users into purchasing and installing fake security software
  • 4.
  • 5.
  • 6.
  • 7. Scareware may actually install malicious code
  • 8. Scareware scammers may use the personal information provided by the victim to purchase the fake security software to commit fraud, including identity theft
  • 9.
  • 10. Ads for scareware are found on both malicious and legitimate sites
  • 11. Links to scareware sites may be distributed in spam email or in comment spam
  • 12.
  • 13. Don’t respond to emails that ask for personal info
  • 14. Use an up-to-date security solution purchased from a reputable vendor through a reputable channel
  • 15. When asked to “allow” or “deny” an application access to the Internet, always deny unless you’re absolutely confident the site it is accessing is authentic and safe
  • 16. If you’re on a wireless network, secure it with a password and don’t allow unknown computers to access your home network
  • 17. Use strong passwords with a combination of letters and numbers. Change it regularly
  • 18. Don’t give your credit card details to unsecured sites. Look for https:// at the top of your browser and the padlock symbol on the bottom right-hand corner of the screen
  • 19. Use a website rating service, which can tell you if a site poses a risk before you visit it
  • 20. Review your bank and credit card statements regularly for suspicious transactions
  • 21.
  • 22. Symantec estimates that the initial monetary loss to consumers who downloaded and purchased these fake products during this reporting period ranged from $30 to $100
  • 23. Among the distribution sites Symantec observed for this report, the highest payouts to affiliates for installations by users were in the United States, where payouts averaged $0.55 per installation
  • 24. One distribution site observed by Symantec, TrafficConverter.biz, purported to have its top affiliates earning as much $23,000 per week for installing and selling security risks, including fake security software programs, onto people’s computers
  • 25. During this reporting period, Symantec received reports of 43 million fake security software installation attempts from the 250 unique programs identified
  • 26. The top five reported fake security applications observed by Symantec during this reporting period were, in order, SpywareGuard 2008, AntiVirus 2008, AntiVirus 2009, Spyware Secure, and XP AntiVirus
  • 27. Of the top 50 reported fake security applications during this reporting period, 61 percent of the scams observed by Symantec were attempted on users in North America