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The current crisis in the international stock exchanges is helping the largest increase in cyber attacks on economic, never seen before

The laboratories of Panda Security have issued a security warning by declaring a direct link between the recent downward trend of stock exchanges and an increase of new threats. The two areas are closely connected with the past and the instability of the market has resulted, in last month and a half, the emergence of a large number of attacks targeted. In addition, laboratory analysts are convinced that the 'increase of malware is connected to the fact that now the cyber criminal objectives have not hit, because of consolidation in banking and mergers that may take place between banks.

Luis Corrons, technical director of the laboratories of Panda Security says "when we began to examine the specific effects that hackers had on the economy during periods of crisis, we found an alarming report: Internet crime is closely tied to the economy. ” Based on thorough research and analysis of new malware samples, we believe that criminal organizations are attentive to the performance of the market and exploit for maximum profit. "

According to the laboratories, the new strategy was developed in response to the consolidation occurred in the banking sector, after several governments in the world have prepared plans for saving multi millionaires.
All this will lead to a reduction of banks in the long term and the perception of instability in the financial community make it a less attractive target. This has increased the amount of other types of malware, such as adware, which under normal circumstances, it would rank second behind the Trojans.

Continue Corrons "the cyber criminals have to increase their activities to reach as many people as possible, through campaigns designed to achieve satisfactory earnings. For example, we have witnessed a significant growth in the number of fake antivirus software that deceive users to convince them to carry out banking transactions online and thus enable cyber criminals to steal their information through phishing activities. Our data show, moreover, that these fake antivirus campaigns are generating profits in excess of 10 million Euros each month to the underground. "
Here are some details of the laboratories of Panda Security:

• On average, the market of the United States has suffered a fall from 3 to 7% in the period between 1 September and 9 October 2008. Trend in malware has been the opposite: it grew substantially in the bags while plunged.
• From 5-16 September 2008, the indices Dow Jones, NASDAQ, S & P 500 Composite rose by a rate of 0.0 to a negative -3.0% and beyond. During the same period, the Spanish IBEX 35 indexes and British FTSE 100 has suffered a major fall. We have seen, however, a growth of cyber threats. For example, from 8 to 10 September, the daily volume has increased from 10,150 to 24,000.
• From September 14-16, the market values have declined from -0.5 to -5.5%, while the malware has grown by 50% every day, from September 14 of 8276 to more than 31,404 copies on June 16th

Corrons says "come show these data, the intentions of cyber criminals to create malware for economic gains they never end. The authors of threats continually adapt their strategies to the economic situation in place. Being aware of this and doing a lot of attention, we will be better prepared to protect ourselves from life and the economy and real dangers of malware. "

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