Faltering economy could lead to rise in cybercrime

PandaLabs issues alert regarding correlation between market decline and cyber threats


Figure #1 - Stock market evolutions ( Sept. 1st to Oct. 9th ) - source: moneycentral.msn.com

(Photo: http://www.newscom.com/cgi-bin/prnh/20081022/LAW068-a)

Figure #2 - Threat evolutions with key highlights ( Sept. 1st to Oct. 9th ) - source: PandaLabs

(Photo: http://www.newscom.com/cgi-bin/prnh/20081022/LAW068-b)

"As evidenced by this compelling data, there will be no end to the persistence and pervasiveness of cybercriminals and their attempts at exploiting malware for financial gain," said Sherstobitoff. "Regardless of the economic state we're in, cybercriminals are continually adjusting their strategies and, from this evidence, are capitalizing on economic lows to prey on unsuspecting victims. By remaining vigilant and aware of these findings, we are better prepared to protect ourselves and the economy from the very real dangers of malware."