Sophos Warns of Theft - InformationWeek

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Government // Cybersecurity

Sophos Warns of Theft

SophosLabs revealed that more than half of all malware originating in China in October specialized in stealing usernames and passwords

BURLINGTON, Mass. -- Experts at SophosLabs™, Sophos's global network of virus, spyware and spam analysis centers, have revealed that more than half of all malware originating in China in October specialized in stealing usernames and passwords. This malicious code is designed to give cyber criminals easy access to personal and sensitive data for financial gain and identity theft.

By analyzing the malware, which was written in a simplified version of Chinese, Sophos further identified that 45.2 percent specifically target online gaming login information, while another 7.5 percent supplies hackers with username and password details for the popular Chinese QQ instant messaging client.

"Given the ever growing popularity of online gaming here in the U.S., these are worrying numbers. The hackers’ technology is growing more sophisticated and more targeted everyday," explained Ron O’Brien, senior security analyst for Sophos. "In the end, cyber criminals can wreak havoc by stealing money or someone’s identity, all because a person wanted to play a game."

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