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From Microsoft

"Win32/Conficker is a worm that infects other computers across a network by exploiting a vulnerability in the Windows Server service (SVCHOST.EXE). If the vulnerability is successfully exploited, it could allow remote code execution when file sharing is enabled. Depending on the specific variant, it may also spread via removable drives and by exploiting weak passwords. It disables several important system services and security products and downloads arbitrary files.

Microsoft strongly recommends that users apply the update referred to in Security Bulletin MS08-067 immediately.

Microsoft also recommends that users ensure that their network passwords are strong to prevent this worm from spreading via weak administrator passwords. More information is available here."

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According to the Internet Crime Complaint Center or IC3 internet rip-offs and scams are up 33% compared to last year. Bringing the total loss from these crimes to $265 million. Which brings 2008 to $26 million more than 2007. On average, an individual victim lost about $931.00.

The top three most frequent complaints were:
  • Merchandise not delivered or payment not received
  • Internet Auction Fraud
  • Credit/Debit Card Fraud
Other scams include:
  • Confidence Frauds also known as Ponzi Schemes
  • Check Fraud
  • Nigerian Letter Fraud
  • Identity Fraud
One of the most popular identity fraud scam during 2008 was the emails that appeared to be fromt the FBI.
The report said that about 77.4% of perpetrators of internet fraud were men. About half live in either California, New York, Florida, Washington, Texas or the District of Columbia.
More than 55 percent of those who filed complaints were men.
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