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Scareware Part 2

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Malware/Scareware Threatens to Sue BitTorrent Downloaders.

 

A new malware scam is trying to trick BitTorrent users into paying for illegally downloading copyrighted material.

The malware displays a box with the message “Warning! Piracy detected!” and opens up a web page supposedly run by a Swiss company which states thet are “committed to promoting the cultural and economic benefits of copyright.”

The fake company, the ICCP Foundation, claims to be sponsored by the Recording Industry Association of America, the Motion Picture Association of America and others. TorrentFreak, which was the first to discover the malware, wrote that, “It appears to scan the user’s hard drive for .torrent files and displays these as ’evidence’ of an earlier infringement”.

Victims are warned of possible imprisonment and fines, and given the option of “settling” the “case” for a one-time payment of $400, by credit card.

Obviously you would be crazy to hand over your Credit Card details, but it only takes a small percentage of victims to fall for the scam to make some serious cash, which is why the scammers go to the trouble.

Scareware Part 1

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So here’s a new term, “Scareware”.

Someone has coined this new term to describe fake antivirus and antispyware software.
Makers of fake antivirus and antispyware software are exploiting search engines and driving people to sites selling fake security products.

By slightly mis-spelling the name of popular security products, they trick you into visiting their malicious site, and bombard you with messages and pop-ups about how badly you are infected and how many viruses you have and “scaring” you into buying their product. This is fooling tens of thousands of people into purchasing this fake software, which in fact infects them further. I have seen figures that show these cyber-criminals may be making upwards of $10,000 per day.

Popular mis-spellings are Ad-Ware instead of Ad-Aware, Spywarebot instead of Spybot, and Spyware Blaster instead of SpywareBlaster.

There are a multitude of fake products out there. A couple that spring to mind, in addition to those above, are WinXP Antivirus, Antivirus 2009, but there are 1000’s more.

The golden rule is DO NOT just search the internet for a security product. Contact a reputable company for advice, or better yet, just read this Blog!!!!!