IT Security & Network Security News & Reviews: Botnet Boon: How Scammers Cash In

 
 
By Fahmida Y. Rashid  |  Posted 2010-11-30 Email Print this article Print
 
 
 
 
 
 
 
 
There are several well-known botnets, including Kneber, Rustock and Koobface, pushing out spam and malware each day, clogging up inboxes and compromising Websites. For cyber-criminals, botnets are just business tools that help them make money. Malware is a lucrative business, as Melih Abdulhayoglu, founder and CEO of Comodo, likes to point out—the money is no longer only in drugs, but in creating malware, and the goal is to spread it as far and fast as possible to catch unsuspecting victims. According to Symantec Hosted Services, a botnet's rental fees can range from $9 an hour to more than $65 an hour. How do the criminals renting the botnets to spread their malware make their money? Here is a rundown of some of the more common botnet-based attacks, as described by Martin Lee from Symantec Hosted Services. Just remember: The scammers don't need everyone to fall for their attacks. Considering the hundreds of thousands of messages pushed by the botnet, if even 1 percent falls for the scam, they've made back the cost of renting out the zombies and gotten a tidy little profit as well.
 
 
 

Botnet Boon: How Scammers Cash In

by Fahmida Y. Rashid
Botnet Boon: How Scammers Cash In
 
 
 
 
 
 
 
 
 
 
 

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