Internet Service Providers are in the perfect position to kill vast armies of compromised computers -- or bots -- that are being used by cyber-criminals to launch the majority of spam and phishing attacks, according security specialists at the AusCERT 2006 conference.
Father of the Internet Vint Cerf has warned attendees at the World Economic Forum in Davos that the Iinternet is at serious risk from botnets.
Almost a quarter of the world's spam in the last three months of 2005 was sent from computers in the United States, according to UK antivirus company Sophos.
Spammers have discovered ways of working round protocols that were originally designed to kill spam by allowing e-mail gateways to authenticate the origin of any e-mail. This abuse effectively renders the technologies useless, according to security experts.
As hardcore criminals step up their spamming, experts believe that nine out of 10 of all emails may soon be unsolicited junk.
Spam e-mails with racist messages flooded computers in Germany on Thursday.
Proposals to control the digital deluge in the US include a national "do not e-mail" list and criminal penalties for repeat offenders.
Internet security experts are gathering at a secretive conference later this week to strategise in their fight against cybercriminals.
Yet again denial-of-service attacks, spam, viruses - driven in part by an apparent war between virus writers - and cybercrime have hit the headlines over the course of the past 12 months.
The recent surge in worms could be part of an underground battle to hijack computers for use in Internet crimes, some security experts say -- but others aren't convinced.
The latest innovation in identity fraud typically begins with an unexpected e-mail message from a financial institution proclaiming something like: "Your account information needs to be updated due to inactive members, frauds and spoof reports."
Online fraudsters are getting smarter and the current round of "phishing scams" may just be the start, according Australian High Tech Crime Centre (AHTCC) head Alastair MacGibbon.
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