About the Stock Spam
The campaign is very simple. The emails are mostly text following several templates and using different ways of obfuscating the ticker symbol to bypass spam filters. Variations in the ticker symbol include:
- S NXG
- S N X-G
There are also variations in the subject line, including:
- Look: New Sub Penny Alert Tonight!
- THI STOCK IS GOING HIGHER. BUY NOW
- This Stock is Your New Alert! The Details are Inside!
- This Stock is a Breakout Buy and is moving into Virgin Territory...
- My First Stock to Double...
Pump and Dump Scam Status
As of this post, the wave is rather small, which indicates the spammers could be testing for weaknesses out there in spam filtering. We expect a much larger wave to hit some time between now and Monday morning before the opening bell.
Nothing indicates the company is behind this campaign. The scammers are often just temporary shareholders who buy and sell to make money off of the scam.
How Pump and Dump Spam Works
Stock spam is especially difficult for other (especially purely automated heuristic) anti-spam systems to block because it lacks many of the normal spam indicators. For example, there is usually no URL to click on. The scammers just want a lot of people to buy the stock so they can dump it when the price rises from the sudden activity. Then they dump it at a huge profit and the price tumbles in response, leaving a lot of victims holding the bag
SpamStopsHere is exceptionally good at blocking these types of scams because we have live threat analysts at work 24/7/365 reviewing the few messages that are not initially blocked by our automated filters. Our professional staff immediately profiles and blocks these campaigns. helping us maintain our reputation for very high spam blocking with very few false positives. We're already blocking this one for our customers with multiple independent filters, so it will be difficult for the spammers to get past us.
SpamStopsHere blocks email spam in the Cloud 24/7/365. It blocks 99.5% of spam with fewer than 0.001% false positives. That means we block fewer that 1 out of 100,000 good emails, which is why businesses and professionals love our service. No user tuning is required and there is no learning period.
It also provides zero-day protection against email born threats like Cryptolocker and other viruses, trojans, etc. Because it works in the Cloud, spam filtering updates take effect immediately without the user downloading or installing anything.
If you're having trouble keeping up with these threats, consider trying SpamStopsHere FREE for 30 days.
Marks used in this article are the properties of their respective owners. This article is for informational purposes. No endorsement by third parties is implied and none should be inferred.