Welcome!

Cloud Security Authors: Yeshim Deniz, Pat Romanski, Elizabeth White, Zakia Bouachraoui, Liz McMillan

News Feed Item

Fortinet's February Threatscape Report Shows Rise in Ransomware, Spam Nears Record Numbers

Spam Distributes Ransomware to the Masses and Up-Levels Profitability for Cyber Criminals

SUNNYVALE, CA -- (Marketwire) -- 03/09/10 -- Fortinet® (NASDAQ: FTNT) -- a leading network security provider and worldwide leader of unified threat management (UTM) solutions -- today announced its February 2010 Threatscape report showed strong spam activity, with one particular campaign accounting for more than half of the total volume of malware detected this period. In just a two-day run, HTML/Goldun.AXT, dominated spam and overall threat levels, nearing record numbers, and contributed to the explosion of ransomware. A number of other varying spam campaigns helped to elevate ransomware on the radar this period, distributing a variant known as 'Security Tool.' Apart from these high spam rates, overall active exploits of new vulnerabilities also remained high with 39 percent of new vulnerabilities detected in the wild.

Key threat activities for the month of February include:

--  Ransomware's Reality: Turning Fortinet's 2010 prediction into fact, the
    spread of ransomware became a reality this period with high activity
    through a variety of spam campaigns. Most notable was the number one
    chart-topping malware variant, HTML/Goldun.AXT, which works by
    disseminating a binary malware file that downloads the ransomware
    "Security Tool" and, once executed, locks up applications until a
    cleansing tool is purchased to restore the computer. While this example
    accounts for the majority of activity detected this period, the Security
    Tool ransomware was also distributed through SEO attacks as well. The
    HTML/Goldun campaign brings a new ransomware tactic to the table and ups
    the ante for monetary gains, but the campaign in and of itself isn't new
    as the first waves were seen in late 2008, alongside the first flood of
    scareware that hit cyberspace.
--  Job Vacancies -- Cutwail Hired: Spam this period came in different
    shapes and sizes, but one thing is for sure: it came in record numbers.
    The culprit behind the mass distribution came from an old friend
    Cutwail, a botnet spam engine whose most prevalent campaigns sent
    scareware and ransomware through social engineering schemes. While
    Cutwail continues to grow with the success of its components, in this
    period, additional botnet binaries were linked to Cutwail, indicating
    Cutwail is being used as a spamming service, which ultimately multiplies
    the number of cybercriminals pushing out these spam campaigns.
--  Buzus and Botnets Go Berserk: While ransomware took the prize in this
    period's Threatscape report, the Buzus spam Trojan and various botnets,
    including the infamous Bredolab, Gumbler and Sasfis, still created a
    stir across Fortinet's Top 10 Malware list. One new-comer to the top 10
    attack list was the Sun Java vulnerability (CVE-2009-3867), which is
    triggered through a malicious Java Applet by visiting a malicious
    website, proving that the platform is, once again, a quick and easy
    target for such campaigns.

"What we observed this month is that while spamming campaigns may change over time and methods of execution reworked a bit, the tried and true techniques that have proven successful in the past continue to thrive," said Derek Manky, project manager, cyber security and threat research, Fortinet. "Spam will continue to come in new flavors, with either old binaries under a different package or a new binary code under a similar guise; and new tools, like crime-as-a-service, will continue to support the growing distribution. This gives us another reason to support a layered security approach as an imperative for getting in front of the next wave."

FortiGuard Labs compiled threat statistics and trends for February based on data collected from FortiGate® network security appliances and intelligence systems in production worldwide. Customers who use Fortinet's FortiGuard Subscription Services should already be protected against the threats outlined in this report.

To read the full February Threatscape report which includes the top threat rankings in each category, please visit: http://www.fortiguard.com/report/roundup_february_2010.html. For ongoing threat research, bookmark the FortiGuard Center (http://www.fortiguardcenter.com/) or add it to your RSS feed by going to http://www.fortinet.com/FortiGuardCenter/rss/index.html. Additional discussion on security technologies and threat analysis can be found at the FortiGuard Blog at http://blog.fortinet.com. To learn more about FortiGuard Subscription Services, visit http://www.fortinet.com/products/fortiguard.html.

FortiGuard Subscription Services offer broad security solutions including antivirus, intrusion prevention, Web content filtering and anti-spam capabilities. These services help enable protection against threats on both application and network layers. FortiGuard Services are updated by FortiGuard Labs, which enables Fortinet to deliver a combination of multi-layered security intelligence and zero-day protection from new and emerging threats. For customers with a subscription to FortiGuard, these updates are delivered to all FortiGate, FortiMail™ and FortiClient™ products.

About Fortinet (www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and the market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2009 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise -- from endpoints, to the perimeter and the core, including databases and applications. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.

Copyright © 2010 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. This news release contains forward-looking statements that involve uncertainties and assumptions. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any statements related to expected trends in cybercriminal activity. These trends are difficult to predict and any stated expectations regarding these trends may not ultimately be correct. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact:
Kim Nguyen
Fortinet, Inc.
408-486-5458
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Early Bird Registration Discount Expires on August 31, 2018 Conference Registration Link ▸ HERE. Pick from all 200 sessions in all 10 tracks, plus 22 Keynotes & General Sessions! Lunch is served two days. EXPIRES AUGUST 31, 2018. Ticket prices: ($1,295-Aug 31) ($1,495-Oct 31) ($1,995-Nov 12) ($2,500-Walk-in)
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...