The Confounding Conficker Virus -- Out of Sight, Out of Mind?
* Reuters is not responsible for the content in this press release.
LOS ANGELES, CA, Jul 07 (MARKET WIRE) --
Issued by CyberDefender (OTCBB: CYDE) -- Since April 1, 2009, when the
world was expecting a no-joke cyber attack from the Conficker virus, no
crisis or major problems occurred. Thereafter the virus and its threats
have been downplayed and even ignored by numerous commentators and end
users. According to the Cyber Secure Institute, "This view is misguided."
Indeed, the Conficker (aka Downup, Downadup and Kido) virus hasn't caused
any known major problems... yet. The worm has been slowly evolving, and
it is widely believed that its creators are simply taking their time to
figure out the best way to utilize its ability to make money.
The worm's recent behavior inclines top cyber security experts and
executives at leading antivirus software development companies to believe
that Conficker is a long-term money-making project.
The worm update in April scheduled some of the infected computers to
spread "scareware" -- software that claims to fix the viruses "detected"
on the user's computer for a fee. This "scareware" is in no way a virus
removal, but is often intended to steal personal information. In its
recent press release, the Internet Crime Complaint Center (a partnership
between the FBI and the National White Collar Crime Center) stated that,
"Complaints of online crime hit a record in 2008, with a total dollar
loss of $256 Million. The average individual loss amounted to $931."
It is not yet clear whether this is the way the Conficker's creators have
chosen to capitalize on the worm, but the virus is expected to greatly
contribute to the online crime statistics for 2009.
The Cyber Secure Institute attempted to analyze the "true impact of
Conficker, factoring in the time, resources and energies of the
cyber-community, governments, companies and individuals" and predicted a
$9.1 Billion economic loss due to the Conficker virus.
As a response to the worm, Microsoft has announced a US$250,000 reward for
information that results in the arrest and conviction of those responsible
for the spread of this malicious code.
Conficker defeats computers lacking the latest Microsoft security patches
and up-to-date anti-virus software. The worm can spread through the
Internet or by hiding on a USB memory stick infecting multiple computers.
The Conficker Working Group
(http://www.confickerworkinggroup.org/wiki/pmwiki.php/ANY/FAQ) recommends
that home users enable Microsoft automatic updates and make sure their
antivirus software is up-to-date. To enterprise users, in addition to
enabling security updates and antivirus software, the CWG recommends to
clean all infected systems with the removal tool.
Information in this article is provided by CyberDefender.com, an Antivirus
and Spyware Protection Software Development Company:
About CyberDefender Corporation
CyberDefender Corporation believes that its Internet security technology
offers the earliest possible detection and most aggressive defense against
Internet security attacks. CyberDefender believes that it is the only
Internet security software company to combat spyware, viruses, and
identity theft using a patent pending secure peer-to-peer collaborative
threat protection network (the earlyNETWORK), enabling protection that is
unparalleled in speed and flexibility. Products employing the earlyNETWORK
include CyberDefender's MyIdentityDefender Toolbar, CyberDefenderFREE
V2.0, and CyberDefender Early Detection Center V2.0. All of these
products are fully compatible with Microsoft's Vista Operating system and
available at http://www.cyberdefender.com/
CONTACT:
Web Site: http://www.cyberdefender.com/
Ken Donenfeld
DGI Investor Relations
donfgroup@aol.com
Tel: 212-425-5700
Fax: 646-381-9727
Copyright 2009, Market Wire, All rights reserved.
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