Spoofed Trend Micro Alert Leads to Canadian Pharma Site

With the underground economy still thriving, cybercriminals will surely use any method such as Canadian pharma spam runs to facilitate their information theft operations.
Canadian pharmacy sites are known to be used by scammers to sell a wide range of fake medicines usually for impotence and other serious medical conditions at much lower prices compared with regular pharmacies. These sites employ various techniques to fool users into believing that their sites are legitimate and secure. For instance, when you purchase from their site, they claim to take your credit card information on a secure connection. However, this is not exactly the case.
For cybercriminals, this is another opportunity to profit and steal personal information from users. This is why pharma site scams have also been associated with big malware campaigns, including the infamous Storm worm a couple of years back.
At present, there is still a very high demand for user information in the underground economy because of the amount of money that cybercriminals can make from it. Trend Micro advanced threats researcher Joey Costoya has been monitoring underground activities and reports that email addresses can range from US$7–30 per bulk, depending on the mail servers used. Another report shows a much higher rate than that.
Recently, cybercriminals have once again been seen targeting customers of antivirus firms by using the name and reputation of antivirus companies (continue reading...)