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October 18, 2007 — CIO — A new form of spam using MP3 audio files to send a stock pitch has surged today. Today this audio form of spam has risen from being virtually nonexistant to become 10 percent of all spam traffic, according to several security researchers tracking the phenomenon.
The outbreak is the latest in a string of tactics from the past six months which avoid filters by using file formats not generally blocked or difficult for filters to disassemble and search. It started with "image spam" which used picture files to bypass filters. That was followed by spam that used the PDF file format. Now the audio MP3 version of the spam is spreading rapidly.
In each case, the primary use of the spam is for a pump-and-dump stock scheme. The message tries to entice its viewer (or listener) into investing in a penny stock. If enough recipients decide to invest, the price surges, sometimes doubling. The originators of the scheme then dump their shares at the peak price. The tactic was so effective with image spam that the SEC halted trading on many penny stocks to stop the problem.
In the audio version, the user receives an MP3 file that is socially engineered with a name that invites clicking—either because it is a popular band name or title that seems personal. Some documented titles include: dadsong.MP3, oursong.MP3, weddingsong.MP3, santana.MP3, sayyousayme.MP3, smashingpumpkins.MP3, bbrown.MP3, bspears.MP3, gloriaestefan.MP3, beatles.MP3; answeringmachine.MP3, coolringtone.MP3, listentothis.MP3 and elvis.MP3, according to researchers at Cyberoam, who are tracking the problem. The files range in size from 88KB to 150KB.
When opened, the user hears a synthesized voice pitching the penny stock. The quality is extremely poor. Here's a sample (126KB) from the labs at SecureWorks, which are also tracking the audio spam.
SecureWorks senior security researcher Joe Stewart says his first reaction was that audio spam, while clever, is probably destined for a lower success rate, both because of the poor quality of the audio and because of the amount of end user intervention required. "Who's going to open a stranger's MP3 and listen, and what's the chance they'll repeat that action?" says Stewart. "With visual spam, all you have to do is glance." What's more, in many inboxes the visual is displayed as the message is selected, making it hard to avoid seeing.

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