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A new report by PandaLabs, Panda Security’s malware analysis and detection laboratory, examines the proliferation of so-called “rogueware” – malicious software that attempts to convince people that their computers are infected with malware in order to trick them into buying their “security software”.

Rogueware misleads users in that it tells them that it is protecting them from annoyances (such as online ads) or harm (such as from viruses or other malware) – even if it’s not. Often these programs themselves are not malicious beyond displaying false information. However, in some cases they can be the source of harm themselves, creating a backdoor for other Trojans or viruses to enter the system.

According to Panda’s research, as many as 35 million computers are newly infected with rogueware each month, many through social networking websites such as Facebook, MySpace, Twitter, Digg. Ads featuring free downloadable software are often featured, containing links or reminders to get the paid versions after first use—which earn the fraudsters as much as $34 million per month, Panda estimates.

To ensure you use only legitimate security software, make sure you only use systems from trusted software vendors that are vetted by your IT advisor. For advice and help, contact us today!

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Published with permission from TechAdvisory.org. Source.

Published on 28th August 2009 by Jeanne DeWitt.

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