Facebook offers peek at incoming malware attacks

“The malware gang behind the Koobface malware attacks on social networks raked in about $35,000 a week ($1.8 million a year) in 2009, according to Facebook security researcher Nick Bilogorskiy.

During a keynote address at the Virus Bulletin 2010 conference here, Bilogorskiy said the Koobface gang controls a massive botnet that’s ‘in a perpetual state of development’ and combines clever social engineering — and technological — techniques to make money from the sale of fake security software (scareware).”

(Facebook offers peek at incoming malware attacks | ZDNet)

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