EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Monday, October 2, 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

Financial systems jeopardized, infostealers and cryptocurrency attacks: A look at financial threats in 2022

by moneycompass
December 3, 2021
in Global Market News
cryptocurrency
Share on FacebookShare on WhatsApp

In 2022, we will observe state-sponsored groups targeting the cryptocurrency industry, while cybercriminals will take advantage of investors by fabricating rogue wallet with backdoors included.

On top of that, we are likely to witness the growth of attacks against payment systems and more advanced mobile threats. These are the key predictions from Kaspersky’s ‘Cyberthreats to Financial Organizations in 2022’ report.

2021 was a year of challenge and novelty and there always are those who adapt and manage change to their advantage quickly – cybercriminals. Since most of them are motivated by money, financial threats have always been one of the most significant parts of the threat landscape.

Pondering on the significant events and trends that shaped the financial threats’ sector in 2021, Kaspersky researchers have forecasted several important tendencies expected to occur in 2022. Here are their key predictions:

  • Targeted cryptocurrency attacks will grow. As cryptocurrency is a digital asset and all transactions take place online, it offers anonymity to users. These are attractive features for cybercrime groups. However, it’s not only cybercriminal organizations but state-sponsored threat actors who have targeted this industry. We have already witnessed APT groups rising to attack the cryptocurrency business aggressively, and we anticipate that this activity will continue.
  • Flawed security and fake hardware wallets as crypto hardware-based threats. While cryptocurrency attacks are becoming more targeted, cybercriminals keep coming up with new ways to steal investors’ financial assets. In the case of cryptocurrency investment opportunities, Kaspersky researchers conclude that cybercriminals will take advantage of manufacturing and retailing rogue devices with backdoors, followed by social engineering campaigns and other techniques to steal victims’ financial assets.
  • Infostealers acceleration and consolidation. Simplicity, affordability, and effectiveness in attacks will play a key role in adopting infostealers against financial assets, at least as a first-stage data collector. Different threat actors will take advantage of it to profile victims for further attacks. It includes but is not limited to targeted Ransomware attacks, traditional targeted attacks, and others.
  • Mobile implants development consolidation. Pandemic stimulated mobile banking, which also has become more mature. Kaspersky experts expect more mobile banking Trojans for the Android platform, especially RATs that can circumvent security means adopted by banks (such as OTP and MFA). Local, regional Android implant projects will move globally, exporting attacks to Western Europe and other countries worldwide.

 

Read more: Here Are 5 Practical Tips to Keep Your Finances Safer Online

Tags: cryptocurrencyCyber securityFinanceinvestor
ShareSendShareSendTweetShare
Previous Post

E-commerce platforms can stabilise agro-food prices

Next Post

FedEx Express Unveils White Paper on Digital Megatrends That Will Define What’s Next in E-Commerce

Related Posts

Global Market News

Kenanga: The Fed’s massive interest rate rise may continue to put pressure on the ringgit

09 Nov 2022
Global Market News

The ringgit opens higher on the prospect of China reopening, as markets rallied

09 Nov 2022
Ringgit/USdollar
Global Market News

Ringgit opens lower versus the US dollar

11 Oct 2022

Discussion about this post

MOST POPULAR

  • 10 Ways to Curb Overspending

    10 Ways to Curb Overspending

    1 shares
    Share 0 Tweet 0
  • SWAG’s popular creator ladyyuan earns over US$70,000 in one month through her presence on the platform

    0 shares
    Share 0 Tweet 0
  • MYDIN MOHAMED HOLDINGS BERHAD

    3 shares
    Share 3 Tweet 0
  • Dongying’s State Grid Leads the Charge in Sustainable Energy, Setting New Standards in Hekou District’s Low-Carbon Evolution

    0 shares
    Share 0 Tweet 0
  • THE MESSIKA HIGH JEWELRY SHOW LIGHTS UP FASHION WEEK

    0 shares
    Share 0 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