London Olympics 2012 sparks flame for malicious online activity

The 2012 Olympics in London is an ideal testing location for cybercriminals seeking to profit from social engineering.
In addition to scams concerning free game tickets and TV cards, Trend Micro has reported an overall increase in fraudulent sites claiming to offer free ‘live’ broadcasts of the games. Some of these phony sites contained links for the purchase of cheap albeit fake Olympics tickets.
Other fake streaming sites contain redirects to another site requiring an email address. The email addresses, when entered, would likely be misused for spamming activities, Trend Micro fraud analyst Maela Angeles noted.
On the mobile front, malicious websites disguised as Google Play store, with content written in Russian, have appeared. When naïve users search for applications relating to the London Olympics on these sites, a rogue application titled London2012-Official game appears as a search result
Trend Micro also noted more than 50 spam emails have emerged with subjectlines relating to the 2012 London games. One variety of spam email claims to be a notification for an Olympic email lottery winner, with the recipient purportedly being the winner of a large sum of cash.
Fortinet is similarly warning users of fake lottery notifications.
Other cyberscams Fortinet highlighted that could surface around the London 2012 Games concerns ‘purchase fraud’, where tickets to the games are offered at temptingly low prices on popular classified ads websites such as eBay and Craigslist.
Rogue antivirus software on the Web could also increase in volume during this period, where a simple search on the sporting event could lead users to malicious sites with pop-up windows indicating their machines are infected, with offers to clean it. These false messages typically facilitate the installation of Trojans masquerading as anti-virus programs.