For cybercriminals, scaring people is not limited to the last week in October.

Rogue security software, also known as scareware, is fake software that claims to provide security for your computer, but might generate misleading alerts or attempt to lure you into identity theft or other kinds of fraud.

According to the latest version of the Microsoft Security Intelligence Report, rogue security software has become one of the most common social engineering techniques that cybercriminals use to steal your money.

 In May of this year, Microsoft helped the FBI to serve federal indictments to individuals allegedly involved in a rogue security software ring that resulted in $100 million in losses to Internet victims worldwide.

To read guidance and watch videos about how to protect yourself from scareware, see Watch out for fake virus alerts.

 For a detailed description and the most recent findings about rogue security software, see the malware section of the Microsoft Security Intelligence Report.