EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Monday, March 27, 2023
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

EDITIONS:

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm asncommerce mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

Finding Parallels: 2019 witnessed the start of banking Trojan outbreak in APAC, says Kaspersky expert

by moneycompass
October 20, 2021
in Corporate News
Kaspersky, Brain4Net
Share on FacebookShare on WhatsApp

KUALA LUMPUR, 18 OCTOBER 2021 – It is a common knowledge that the current health crisis, first detected in December of 2019, has drastically changed multiple aspects of human lives globally and in Asia Pacific (APAC). One of its most evident aftermaths is the significant uptick of digital payment adoption in the region.

Several reports have already put the numbers to prove this trend, but how about its tangible effects on the cybersecurity landscape of the financial sector?

After analysing the historical data from Kaspersky Security Network’s (KSN), Vitaly Kamluk, Director of Global Research & Analysis Team (GReAT) for APAC at Kaspersky, discovered that the increased cashless payments in APAC has paralleled the rise of banking Trojans in the region.

“Even before COVID-19, Asia Pacific has always been one of the leaders in digital payment adoption, driven by developed countries like China, Japan, South Korea and even India. This pandemic extended the use of this technology significantly further – particularly in still emerging economies in Southeast Asia and South Asia. As we all know, the lockdown restrictions forced everyone to shift their financial transactions online. But, now, after analysing the historical figures we have on financial threats, I also learned that there was another outbreak that started in early 2019 in APAC – banking Trojans,” says Kamluk.

Banking Trojans are one of the most dangerous species in the malware world. To put it simply, they are used to steal money from users’ bank accounts.

The goal of this malware is either to obtain access credentials or one time passwords to online bank accounts or to manipulate the user and hijack control for the live online banking session from the legitimate owner.

Due to the uptick of online payment usage and the still-needing-improvement consumer attitudes towards protecting their devices, banking Trojan is among the most impactful malware for home users.

 

Read more : Kaspersky: Servers in Malaysia require better cyber defense – Money Compass

Tags: APACAsia-PacificCovid-19KasperskyKaspersky Security NetworkKSN
ShareSendShareSendTweetShare
Previous Post

All Digi stores and retail frontliners are 100% fully vaccinated

Next Post

Company executive loses RM1.3 mil in Macau Scam

Related Posts

Corporate News

Custommedia capitalises on IBM’s ELM platform to offer ‘best of breed’ application lifecycle management value proposition

24 Mar 2023
Corporate News

SAP Malaysia continues to champion diversity, equality and inclusion

16 Mar 2023
Corporate News

SAP Datasphere introduced to address disparate systems, locations

10 Mar 2023

Discussion about this post

MOST POPULAR

  • 10 Ways to Curb Overspending

    10 Ways to Curb Overspending

    1 shares
    Share 0 Tweet 0
  • Top 100 SMEs Defy Economic Headwinds to Post Triple-Digit Growth

    0 shares
    Share 0 Tweet 0
  • Shark Beauty™ Launches the Shark FlexStyle™ Air Styling & Drying System and Celebrates Hair Diversity in For All Hairkind™ Campaign

    0 shares
    Share 0 Tweet 0
  • ESG practices towards transformative change for a more sustainable world

    0 shares
    Share 0 Tweet 0
  • How to Start Trading on the Malaysian Stock Market

    5 shares
    Share 5 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER