Cybercrime moves to the cloud: Researchers say criminals are moving their malware heavy lifting from end user PCs to servers in the cloud

The same flexibility and freedom companies get from having their software and services hosted in the cloud is enabling cybercriminals to conduct highly automated online banking theft — without doing much of the necessary information processing on their victims’ own computers.Security and privacy experts have long worried that criminals would launch attacks on the servers storing the data in cloud environments. But, a report released this week from McAfee and Guardian Analytics shows that criminals are now using the cloud infrastructure itself to get more capability out of their campaigns.
http://news.cnet.com/8301-1009_3-57464177-83/cybercrime-moves-to-the-cloud/

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