Cyber Crooks Crank Out 57,000 New, Fake URLs Weekly

Every week, cyber criminals are developing around 57,000 new fake web addresses, which are placed and registered on search engines in hopes of tricking innocent users to click on them, according to PandaLabs.

PandaLabs has examined malicious URLs placed online during June 2010 to August 2010, by scammers to trick Internet users into downloading malware unknowingly or hack their bank details.

Users who click on these bogus web pages will find their systems infected or every data provided by them on these fake web pages will be accessed directly by the hackers. The criminals use around 375 business brands and names of private, well-known firms located worldwide. Among the three most-targeted brands were eBay (23 percent), Western Union (21 percent) and Visa (9.5 percent).

“Although search engines are making an effort to mitigate the situation by changing indexing algorithms, they have so far been unable to offset the avalanche of new websites being created by hackers every day,” said Luis Corrons, technical director of PandaLabs.

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