Kaspersky Lab malware analyst Vyacheslav Zakorzhevsky has written an in-depth article describing the scareware (fake anti-virus) epidemic. The article touches on the common distribution techniques, the tricks used to scare users into paying fraudsters for a removal tool and the way code generators are being used to create these malicious programs. It also provides some infection statistics and some practical protection advice. Read the full article in the Vysysysy Lab article.
Source: https://threatpost.com/look-deep-inside-scareware-epidemic-111809/73122/