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Scareware is one of the most prevalent, dangerous and sophisticated online scams, victimizing an estimated one million people around the world every day, Green said.
Bredolab and others spook users for scareware anniversary celebration: Marking the one year anniversary since the initial explosion of scareware across cyberspace, the Bredolab botnet (W32/Bredo.
Others words include Twittersphere, Tweetup, Hacktivist, Clickjacking, Twitpic, Scareware and Dot-bomb.
We thank our loyal customers and assure both our customers and competitors that we have no involvement at all with scareware or malware and warn anyone attacking our company with likes and rumor that we will put the full weight of our company behind the appropriate legal response.
The 2011 posters offer a fresh look at scareware and in addition also address the legal ramifications of "hacking".
lt;p>"There's nothing cookie-cutter about these accounts," noted Sullivan, who added that scareware scammers aren't afraid to spend money to make money.
Utilizing the concept of social engineering, whereby information on such fake security software is marketed through social networking sites and tools, user are tricked into visiting sites hosting scareware software, downloading it and telling a friend.
These scareware tactics trick users into providing credit card data to purchase non-existent protection.
The Quarter at-a-Glance In the report, PandaLabs highlights several top security incidents that occurred during Q2, including the proliferation and evolution of the 'Police Virus' from scareware to ransomware, and Flame, a cyber-espionage virus that has become one of the highlights of the year.
According to Krebs, ChronoPay is "an unabashed ‘leader' in the scareware industry for quite some time.
An e-mail belonging to ChronoPay financial controller Alexandra Volkova has been traced to MacDefender and Mac Security Scareware incidents, according to a new web security report.
Scareware has grown by more than 600 percent from 2008 to 2010, and is estimated to victimize one million Internet users a day.