Spies Like Us

The Register reports that money made from malware is eclipsing the revenue of anti-virus vendors.

Trend Micro, cites FBI figures that IT security problems cost the economy $62bn last year - Losses from phishing in the US last year were estimated at $650m - against IDC estimates that the anti-malware market was worth $26bn in 2005.

Spammers are now using spyware to make their campaigns more effective. MessageLabs reports 85 per cent of all email traffic is now junk