Skip Links

Network World

  • Social Web 
  • Email 
  • Close

Spam outbreak hits 5 billion messages

Stock pump-and-dump messages account for 8% of all spam sent Wednesday
By Cara Garretson , Network World , 06/20/2007
  • Share/Email
  • Comment
  • Print

A major spam outbreak hit the Internet Wednesday causing the stock it was pumping to jump significantly in trading volume, according to communications security company IronPort.

The spam blast, which the company says was one of the ten largest so far this year and represents 8 % of all spam sent in the past day -- roughly 5 billion messages -- was designed to entice recipients into purchase a German stock. That stock rose in trading volume by 20%, IronPort says, presumably because of the spam.

This technique is called stock pump-and-dump spam, in which the spammer blasts messages persuading people to buy a penny stock, then once the stock price goes up the spammer sells his shares at a profit.

The German stock spam message was cleverly designed, officials at IronPort say, using a professional looking PDF attached to the e-mail message that looks like an investment newsletter. This was the first time IronPort has seen spammers using PDFs to attempt to fool recipients, it says.

Lately spammers have been using images, such as JPG files embedded in the body of an e-mail that can readily thwart antispam filters not capable of searching such images. Last week, security vendor Secure Computing reported spammers had begun evading spam filters by presenting messages as part of an e-mail wallpaper.

  • Share/Email
  • Comment
  • Print
Partner Content

Brilliantly simple security and control solutions for email, web and endpoint

www.sophos.com

Stopping data leakage

Learn how to exploit your current security investment to control the information that flows into, through and out of your network.

Download the white paper.

Why detection rates aren't enough

Evaluating endpoint security products is a time-consuming and daunting task. Learn the six critical questions you need to ask prospective vendors to get the right endpoint solution.

Download the white paper.

Applications: taking back control

Employees installing unauthorized applications is a growing threat to business security and productivity. Cost-effectively reduce this threat by integrating control into your malware protection.

Learn more today.

Comment
Login
Forgot your account info?
Add comment
Anonymous comments subject to approval. Register here for member benefits.
Have a NetworkWorld account? Log in here. Register now for a free account.

Videos

rssRss Feed
Get instant email notification when white papers, webcasts, executive guides are added to our library. Stay informed and up-to-date with the latest on IT Technologies with Network World's Resource Alerts.
Network World,to go. Wherever you are. Breaking news delivered to your mobile device. Select the hottest topics in networking and start receiving Network World on your mobile device today.