Posts Tagged ‘spam’

A Peek Into the $300m Spam Industry

Written by stevenba. Posted in Technology

It has been estimated that 70% of all email sent globally is spam (statistics according to Symantec) and the global fake drugs industry is worth $300,000,000 per year. Whilst many of these emails advertise ‘Canadian Pharmacy’ or similar, they are commonly operated from East Europe and in particular, Russia with fake drugs manufactured in India due to less restrictive pharmaceutical IPR enforcement.

It has been implied for many years that Russian authorities have been reluctant to prosecute some of its most prolific hackers in return for them launching cyber attacks against political opponents, but a recent criminal prosecution has offered a peek into the shady multi-million dollar spam industry and the people behind it.

Read the full article at the New York Times.

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