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October 06, 2008
Economic Crisis May Lead to Increase in Scams

Economic Crisis May Lead to Increase in Scams
Photo courtesy of iStockphoto, Marcela Barsse
The growing financial crisis may lead to an even sharper rise in malicious spam as scammers exploit the grim headlines and prey on worried consumers. Troubled bank Wachovia has already been used as the subject of a phishing spam. In fact, as the country's financial woes began to deepen last month, the number of zombie computers sending spam rose a startling 101%! This could be signaling the beginning of a massive new spam campaign designed to exploit those woes as spam messages with subject lines such as "Save Your Home!" and "Avoid Foreclosure!" began circulating last month as well.


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