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Security New business South Africa

New recession-era twist in cyber-crime: Preying on fear

Everyone knows cyber-crime is a cat and mouse game, usually involving a bit of social engineering to trick unsuspecting computer users into clicking a link, installing some software or providing valuable information. The latest trick in crooks' bags: "recession malware". This is a new generation of malware that exploits consumers' financial woes and other recession-era problems. It's trapping consumers and businesses alike.

No one has to say times are tough - mortgages under water, cratered retirement accounts, massive layoffs, and foreclosures are evidence enough. Perhaps not surprising, criminals, including cyber-ciminals, are finding opportunity in others' misfortunes.

Read about some examples of the newest dark, yet ingenious, schemes recently uncovered.

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