News

Report: Thieves Target Online Travel Sites

Research from security vendor MarkMonitor shows digital outlaws hijacking the brands of online travel companies and airplane parts manufacturers.

By Bill Brenner, Senior Editor

June 09, 2008

Online travel sites and airplane parts manufacturers are among the biggest victims of cybersquatting, false association, pay-per-click abuse and domain kiting, according to a new report from security vendor MarkMonitor.

The vendor points to the increased risk in those business sectors in its newly released Brandjacking Index for the spring. The findings reflect a trend observed by other security experts who have found, among other things, that the bad guys are using search-engine optimization (SEO) tricks to get their bogus sites higher in the search rankings.

Trends noted in the report included:

The rise of online auctions for fraudulent travel vouchers. The average discount for the more than 150 listings analyzed was 80 percent under face value. With the recent airline industry bankruptcies, increased cases of online fraud related to refunds, credits and vouchers are likely.

The growing success of search engine optimization tactics. Through higher search rankings, scammers divert Internet users searching for legitimate travel brands to illicit sites with questionable content, including pornography.

Blended abuses targeting travel brands. Attackers have combined multiple techniques such as spam, pay-per-click fraud and malware to put shoppers' computers as risk for viruses and spyware.

Meanwhile, the vendor found that cybersquatting is the most pervasive form of brandjacking, growing by 40 percent in the first quarter of 2008, while pay-per-click fraud actually declined by 42 percent. Phishers also appear to be targeting fewer new organizations, focusing 90 percent of the phishing activity on a small number of brands.

Dancho Danchev, an independent security researcher and consultant based in the Netherlands, said the MarkMonitor research reflects much of what he has been monitoring in recent months.

"What I've been witnessing is an automated approach that comes up with relevant brand impersonating domains such as anti-virus-2008.com, registering these and uploading the fake security software," Danchev said, adding that scams are getting more sophisticated due to the localization crooks are starting to apply even in the domain names themselves - registering the domains in a native language to attract local traffic, for example.

Where the money is
During a recent visit to the offices of CSOonline to promote the latest Brandjacking Index, MarkMonitor Chief Marketing Officer Fred Felman said he's not surprised by the explosion of online travel scams designed to lure shoppers from legitimate e-commerce sites. But he was taken aback by the number of bogus sites selling questionable aircraft parts on business-to-business exchanges and consumer auction sites.

"The criminal is always thinking about where the money is, so it makes sense they would go after travel sites," he said. "We all travel and are frustrated by the high cost of airline tickets and hotel rooms, so we're constantly looking for bargains."

RESOURCE CENTER
Loading...
VIRTUAL CONFERENCE
Data Center Directions Virtual Conference

Data Center VCAttend this free, 100% online event exploring tools and techniques for making your data center deliver for today and tomorrow.

» Learn more and register here

WEBCAST
The Surest Path to Effective and Efficient Compliance

VeriSignIn this webcast, we explore why and how — with best practices, practical tips and solutions that work — to ease your compliance challenge.

» View the webcast

Featured Sponsors
Sponsored Links

Think your data is safe? Think again. It's time to Outthink the Threat. Get eBook now

Ponemon Study: How Much Does a Data Breach "Cost"?

Data Protection: Challenges for the Traveling User

Envision Identity-Based Access Control for the Datacenter

IT Service Management: Metrics That Matter

Configuration Audit and Control for Virtualized Environments

The PCI Data Security Standard

Configuration Audit and Control for Virtualized Environments

E-LOAN Maintains Reputation as a Privacy Leader with Symantec

Data Loss Prevention: Keeping Sensitive Data Out of the Wrong Hands

Prudential Financial Protects its Brand with Symantec

Envision Identity-Based Access Control for the Datacenter

Using Likewise to Comply with PCI Data Security Standard

Solving Online Credit Fraud Using Device Reputation

Take our CSO role survey and receive a copy of the results

IDC Defines an Identity and Access Management Submarket

IDC Defines an Identity and Access Management Submarket for Managing Privileged User Accounts and Meeting GRC Requirements

Everything Today's CISO Needs to Know About Using SSO to Succeed in the Web 2.0 Era

Learn how the new Quad-Core AMD Opteron™ processor improves performance

Revolutionizing Endpoint Security with a Single Agent

Prepare for (ISC)2® Certification With Villanova - Online

Key strategies for C-level executives and security staff

Configuration Assessment: Choosing the Right Solution

ITCi White Paper: Challenges and Opportunities of PCI

Effective Security with a Continuous Approach to ISO 27001 Compliance

Rolling the dice with your security? Take the Self-Assessment Test now

7 Requirements of Data Loss Prevention

Information Security: Data Drains and How to Prevent Loss

How Are Open Source Development Communities Embracing Security Best Practices?

Digital Identity Protection and Data Security Get Personal

The Case for Business Software Assurance ~ Securing Your Applications

Forrester Total Economic Impact (TEI) report: Save Millions in Fraud Losses.

Diebold: Frost & Sullivan Global Physical Security Systems Integrator of the Year

Welcome to the age of Service-Oriented Security (SOS)

Enabling Compliance with Converged Mainframe Security and Storage