I guess I should be happy spammers are still sending pump & dump spam, since of course blocking this garbage provides Commtouch’s bread & butter, but still, as a human being (not a marketer for an anti-spam company), sometimes I just throw up my hands and ask “WHY??!!!!!” I mean, do people really fall for [...]
Spamnation features an up-to-date list of all the stocks featured in email pump-and-dump scams. Sign up for the RSS feed and get updates automatically.
It looks like spammers also get nostalgic around the holiday season. The spammer who sent these stock scams, must have been reminiscing about old-fashioned text spam when this outbreak was concocted. The sad truth is this kind of low-tech spam can still get thru a lot of content-based filters, since the trading symbol of a [...]
When SpaMP3 hit the airwaves, some experts recommended blocking MP3 attachments, for example Sophos, and even SC Magazine. A spokesperson for GFI was quoted as saying “How many companies do you know that use MP3 files for business use?”
I agree, MP3 isn’t the most broadly used file-type in most businesses, however there are some businesses [...]
Image spam on the whole is on the decline, and stock pump-and-dump has all but disappeared. But image spam hasn’t been eliminated altogether. Lately our spam detection center has seen a significant increase in pornographic image spam (the URLs are part of the picture), as well as “cut” image spam. The cut images appear to [...]
Hoping to tackle the growing problem of pump-and-dump stock scams Microsoft has quietly filed lawsuits against at least three alleged perpetrators who it says used its MSN Hotmail networks to promote stocks.
Pump-and-dump spam has not only taken up resources and threatened the smooth functioning of Hotmail, but it “continues to result in significant costs to [...]
“These perpetrators effectively cut out the middleman of the old-fashioned pump-and-dump scheme, eliminating phony stock promotions, creating their own artificial trading demand, and consummating their fraud in as little time as a couple of hours.”
- SEC Office of Internet Enforcement Chief John Reed Stark
Read Security Watch Article
