Computer Crime Research Center

hack/x_cyber.gif

Hacker virus and hot stock tips

Date: August 04, 2007
Source: canada.com


Hackers have taken the computer virus to a new level with an elaborate "pump-and-dump" scheme that manipulates stock prices, experts say.

The Storm, a worm program which masquerades as an Internet greeting card from a friend or relative, has already infected millions of computers around the world and its reach is said to be expanding daily.

The worm relays contact information to a hacker who uses the addresses to e-mail documents recommending hot stock tips -- driving up prices so he can profit.
Add comment  Email to a Friend

Copyright © 2001-2024 Computer Crime Research Center
CCRC logo