The cyber crime market is in good health, says Jeremy Matthews, head of Panda Security's sub-Saharan operations.
Mathews says so because during the first ten months of the year, the number of threats created and distributed account for one third of all viruses that exist, according to global IT vendor.
This means that 34% of all malware ever created has appeared in the last ten months, Panda says.
The company's Collective Intelligence database, which automatically detects, analyses and classifies 99.4% of the threats received, now has134 million separate files, 60 million of which are malware, ie, viruses, worms, Trojans and other threats.
In the year up to October, Panda adds, some20 million new strains of malware have been created - including new threats and variants of existing families - the same amount as in the whole of 2009.
It also notes that the average number of new threats created every day has risen from 55 000 to 63 000.
“This would all suggest that the cyber crime market is currently in good health”, says Matthews. “Also, this figure may reflect the increasing number of cyber crooks with limited technical knowledge who are turning their hand to these activities.”
He says this also means that although more malicious software is created, its lifespan is shorter; 54% of malware samples are active for just 24 hours, as opposed to the lifespan of several months enjoyed by the threats of previous years.
Panda notes that malware now infect just a few systems and then disappear. “As anti-virus solutions become able to detect new malware, hackers modify them or create new ones so as to evade detection.
“This is why it is so important to have protection technologies such as Collective Intelligence, which can rapidly neutralise new malware and reduce the risk window to which users are exposed during these first 24 hours,” Panda says.
Despite these dramatic numbers, it adds, the speed with which the number of new threats is growing has dropped since 2009.
Since 2003, “new threats have increased at a rate of 100% or more. Yet so far in 2010, the rate of growth is around 50%”, explains Luis Corrons, Technical Director of PandaLabs.
“This doesn't mean that there are fewer threats or that the cyber crime market is shrinking. Quite the opposite; it continues to expand, and by the end of 2010, we will have logged more new threats in Collective Intelligence than in 2009. Yet it seems as though hackers are applying economies of scale, reusing old malicious code or prioritising the distribution of existing threats over the creation new ones”, adds Corrons.
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