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infosec-news: [ISN] Can we fight cyber crime like the Untouchabl

[ISN] Can we fight cyber crime like the Untouchables fought Capone?

From: InfoSec News <alerts_at_nospam>
Date: Tue Sep 14 2010 - 06:44:30 GMT
To: isn@infosecnews.org

http://fcw.com/articles/2010/09/13/cybererye-targeting-the-head-of-cybercrime.aspx

By William Jackson
FCW.com
Sept 13, 2010

There appears to be little relief in sight from the relentless onslaught
of spam that continues to deliver malicious code and phishing lures to
our inboxes day in and day out. According to Symantec's "State of Spam
and Phishing Report" for August, spam made up more than 92 percent of
e-mail last month. The percentage of spam has fluctuated from a low of
about 79 percent in November to more than 95 percent, but it has held
pretty steady around 90 percent for most of the past year.

But there might be a small patch of light on the horizon, coming from -
of all places - the U.S. District Court for the Eastern District of
Virginia, where a judge has recommended that ownership of 276 Internet
domains used by the Waledac botnet be turned over to Microsoft. If the
judgment comes down from the court, it would effectively cut off the
botnet's command and control network.

That action, part of Microsoft's Operation b49 to use existing federal
law against organized cyber crime, will not by itself stop the
criminals. Communications within the Waledac botnet have been
effectively shut down since March, soon after Microsoft first went to
court. But volumes of spam - one of the most effective means of
delivering malware and opening doors for criminals - bounce back every
time a botnet is taken down. However, the technique of attacking the
criminals eventually could prove more effective than improving spam
filters and antivirus engines.

[...]

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