Developing countries are susceptible to malware and phishing practices.

The above illustrates global malware and phishing threats as of late 2009.

We recently wrote about the largest cloud network owned by Conficker which is also responsible for spreading the Conficker worm, malware and daily spam. The penetration of such internet activities is now being felt in developing nations as much as it in corporate businesses.

Venture Beat reports:

The attacks are yielding ill-gotten gains such as stolen credit card numbers or online bank accounts, and that in turn fuels a huge underground economy that covers just about every corner of the globe where there are web-connected computers.

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