200 spammers send 90 bn messages!

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Little wonder why Microsoft founder Bill Gates receives 4 million e-mails per year, most of them spam! Spam has become the preferred distribution method for malware among cyber criminals as more than 90% of the e-mail on the Internet today is spam, and about 80% of these unsolicited mails contain links to malicious sites, according to a new report.

The quality of spam is increasing and it is no longer always a scam riddled with typos. The spam now is laden with attachments, which may contain images, PDFs, documents, spreadsheets, or videos–that have malware or links to malicious sites. Peer-to-peer file sharing networks are a major source for malware, and as people download free games, music, or software, they may also unknowingly download harmful software.

In 2007, enterprise management software company CA saw a major shift to malware that is designed to capture private information such as credit card numbers, bank account contents, and gaming accounts, without the individual’s knowledge. “By distributing spam, spyware, and malware, the criminals can further perpetuate their activities.”

A spam may contain a link to a compromised web server. “When you visit a legitimate website, malicious software may be downloaded onto your computer if the site has been compromised by criminals and your browser software isn’t up to date. The malware can watch what websites you visit and communicate that information to an unseen party. It can download more nasty software like spyware, a key logger, or a hijacker,” CA said.

The estimated worldwide IT cost of dealing with spam had increased from $20.5 billion in 2003 to about $198 billion in 2007. According to security software developer Sophos, the major sources of spam in the July to September quarter were the US (origin of 28.4% of spam messages), followed by South Korea (5.2%), China (4.9%) and Russia (4.4%).