Financial crisis triggers cyber-crime surge

This article dealt with the direct link between the recent stock market declines and the involvement of cyber-criminals on the internet. During the plunges of the stock market during early to middle September was seen to have a direct correlation between cyber-crimes as it was observed that the number of threats of malware doubled in days. Also, the malware preferred by hackers changed with the stability of the economy as the more preferred Trojans were swapped for adware, and by doing so, the effectiveness desired increased. Banks that have had to receive stability from government intervention lead hackers to ignore traditional methods such as stealing personal banking information and instead, relied on online transactions where the money is received immediately. By evidence of the aforementioned facts, it is shown that cyber-criminal has an adaptive nature that does not give up during economic lows, but works harder and adjusts their techniques; this proves that cyber-criminals are a force to be reckoned with as they are no slouches when it comes to overcoming obstacles and reveals how truly capable they are when exposing how vulnerable we are.
I can see a pattern between these modern-day con-artists and those of the past who feed on and take advantage of the economy’s weak condition. It is interesting to delve deeper into the mind of cyber-criminals by observing changes in their routine conditions. I do not think that these will be the last observations made, but hopefully they will be studied to help prevent future threats on this global crime.
Article originally on GoogleNews
http://www.itnewsafrica.com/?p=1585