Security Magazine logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Security Magazine logo
  • NEWS
    • Security Newswire
    • Technologies & Solutions
  • MANAGEMENT
    • Leadership Management
    • Enterprise Services
    • Security Education & Training
    • Logical Security
    • Security & Business Resilience
    • Profiles in Excellence
  • PHYSICAL
    • Access Management
    • Fire & Life Safety
    • Identity Management
    • Physical Security
    • Video Surveillance
    • Case Studies (Physical)
  • CYBER
    • Cybersecurity News
    • More
  • BLOG
  • COLUMNS
    • Career Intelligence
    • Cyber Tactics
    • Cybersecurity Education & Training
    • Leadership & Management
    • Security Talk
  • EXCLUSIVES
    • Annual Guarding Report
    • Most Influential People in Security
    • The Security Benchmark Report
    • Top Guard and Security Officer Companies
    • Top Cybersecurity Leaders
    • Women in Security
  • SECTORS
    • Arenas / Stadiums / Leagues / Entertainment
    • Banking/Finance/Insurance
    • Construction, Real Estate, Property Management
    • Education: K-12
    • Education: University
    • Government: Federal, State and Local
    • Hospitality & Casinos
    • Hospitals & Medical Centers
    • Infrastructure:Electric,Gas & Water
    • Ports: Sea, Land, & Air
    • Retail/Restaurants/Convenience
    • Transportation/Logistics/Supply Chain/Distribution/ Warehousing
  • EVENTS
    • Industry Events
    • Webinars
    • Solutions by Sector
    • Security 500 Conference
  • MEDIA
    • Interactive Spotlight
    • Photo Galleries
    • Podcasts
    • Polls
    • Videos
      • Cybersecurity & Geopolitical Discussion
      • Ask Me Anything (AMA) Series
  • MORE
    • Call for Entries
    • Classifieds & Job Listings
    • Newsletter
    • Sponsor Insights
    • Store
    • White Papers
  • EMAG
    • eMagazine
    • This Month's Content
    • Advertise
  • SIGN UP!
Security Newswire

The Fakes Can Really Hurt You and Your Enterprise

October 20, 2009

According to a Reuters report, tens of millions of U.S. computers are loaded with scam security software that their owners may have paid for but which only makes the machines more vulnerable, according to a new Symantec report on cybercrime.

Cyberthieves are increasingly planting fake security alerts that pop up when computer users access a legitimate website. The "alert" warns them of a virus and offers security software, sometimes for free and sometimes for a fee.

"Lots of times, in fact they're a conduit for attackers to take over your machine," said Vincent Weafer, Symantec's vice president for security response.

"They'll take your credit card information, any personal information you've entered there and they've got your machine," he said, referring to some rogue software's ability to rope a users' machine into a botnet, a network of machines taken over to send spam or worse.

Symantec found 250 varieties of scam security software with legitimate sounding names like Antivirus 2010 and SpywareGuard 2008, and about 43 million attempted downloads in one year but did not know how many of the attempted downloads succeeded, said Weafer.

"In terms of the number of people who potentially have this in their machines, it's tens of millions," Weafer said.

It was also impossible to tell how much cyberthieves made off with but "affiliates" acting as middlemen to convince people to download the software were believed to earn between 1 cent per download and 55 cents.

TrafficConverter.biz, which has been shut down, had boasted that its top affiliates earned as much as $332,000 a month for selling scam security software, according to Weafer.

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
To unlock your recommendations.

Already have an account? Sign In

  • Cyber tech background

    Security’s Top Cybersecurity Leaders 2026

    Security magazine’s Top Cybersecurity Leaders 2026 award...
    Security Leadership and Management
  • Iintegration and use of emerging tools

    Future Proof Your Security Career with AI Skills

    AI’s evolution demands security leaders master...
    Career Intelligence
    By: Jerry J. Brennan and Joanne R. Pollock
  • The 2025 Security Benchmark Report

    The 2025 Security Benchmark Report

    The 2025 Security Benchmark Report surveys enterprise...
    The Security Benchmark Report
    By: Rachelle Blair-Frasier
Manage My Account
  • Security Newsletter
  • eMagazine Subscriptions
  • Manage My Preferences
  • Online Registration
  • Mobile App
  • Subscription Customer Service

More Videos

Popular Stories

SEC Podcast Header Podcast

Credential Management in High Turnover Environments

Glowing police siren

Security Isn’t a Commodity. Neither Is Off-Duty Law Enforcement

Laptop in darkness

Reframing MFA Bypass: Four Identity Gaps Attackers Exploit

Man with covered face

Why Most Workplace Violence Prevention Starts Too Late

Coding

What Security Leaders Say About the First AI-Developed Zero-Day Exploit

SEC 2026 Benchmark Banner

Events

June 10, 2026

Applying Agentic AI in Security Operations for Faster Decisions & Better Outcomes

Security teams have never had more visibility. We’ll explore how a new decision layer is helping security teams move from detection to decision. Turn alerts into decision-ready context, reducing reliance on manual triage and enabling faster action.

July 8, 2026

The 2026 Security Maturity Benchmark Report: Insights From Senior Security Leaders

In this webinar, speakers will share key insights from the report, including why today’s threat environment demands greater maturity and how to evaluate your organization’s current security posture.

View All Submit An Event

Products

Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

See More Products


Alertmedia sponsored webinar

Related Articles

  • compliance-freepik1170x658v46.jpg

    What you don’t know about compliance can hurt you

    See More
  • PCI COMPLIANCE: What you Don’t Know CAN Hurt You

    See More
  • Revolving Door entryways

    3 Ways Entrances Can Make Money for Your Enterprise

    See More

Related Products

See More Products
  • security culture.webp

    Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

  • The Database Hacker's Handboo

  • CPTED.jpg

    CPTED and Traditional Security Countermeasures: 150 Things You Should Know

See More Products
×

Sign-up to receive top management & result-driven techniques in the industry.

Join over 20,000+ industry leaders who receive our premium content.

SIGN UP TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • Newsletter
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing