McAfee reports keylogging up 250 per cent in two years

A white paper from McAfee's Avert Labs operation claims to show major increases in keylogger and phishing scams over the last few years.

The paper - entitled `Identity Theft' - says that keylogger incidents soared by 250 per cent between January 2004 and May 2006, whilst phishing attacked multiplied 100-fold over the same period of time.

I'm not surprised at the soaring number of phishing attacks, but the increase in key logger incidents surprises me.

Well, actually I don't think it does, now I come to think about it.

Dave Marcus, Avert Labs' security research manager, reckons the increase in keyloggers is due to financial institutions fast becoming the biggest targets for malware writers.

Marcus says that keylogging and phishing attacks have shown a lot of development in recent times, even though they're really both geared at the same thing - either getting someone to enter login information or getting them to come to a site and capturing data from them.

And now the bad news - Marcus reckons that identity theft will never truly be eradicated as there is too much money to be made and attackers will always come out with new attack methodologies...