Malaysia Remains Top Country in SEA when It Comes to Financial Phishing
Kaspersky detected in Malaysia a total of 195,032 payment system-related phishing activities in the first two quarters of 2022, with 108,755 in quarter one and 86,277 in quarter two. Findings of the global cybersecurity company aligns with the local trends in the country. The Inspector-General of Police earlier disclosed that a total of 48,850 online frauds were reported from 2020 till May this year, or 68% of the total 71,833...
Manufacturing Reports the Highest Average Ransomware Payment Across All Sectors, Sophos Survey Finds
Sophos, a global leader in innovating and delivering cybersecurity as a service, today published a new sectoral survey report, “The State of Ransomware in Manufacturing and Production,” which found that the sector had the highest average ransom payment across all sectors—$2,036,189 versus $812,360, respectively. In addition, 66% of manufacturing and production organizations surveyed reported an increase in the complexity of cyber...
Kaspersky Calls For Building ICT Supply Chain Cyber Resiliency In Malaysia To Boost Its Growing Digital Economy
Against the backdrop of constantly evolving cyber threats, Malaysia needs to take a more active stance in prioritizing cybersecurity, Kaspersky’s findings suggest. A critical move towards achieving cyber-resiliency would potentially support the growth of local businesses, foster current digital opportunities, and mitigate dangerous risks to the country’s economy. Cyberattacks on information and communications technology (ICT)...
Sophos’ Industry-Leading Managed Detection and Response (MDR) Service Launches Compatibility with Third-Party Cybersecurity Technologies
Sophos, a global leader in innovating and delivering cybersecurity as a service, today launched new third-party security technology compatibilities with Sophos Managed Detection and Response (MDR) to better detect and remediate attacks with speed and precision across diverse customer and operating environments. The industry-leading service with more than 12,000 customers now integrates telemetry from third-party endpoint, firewall,...
Password Stealers Eye SMBs in SEA
Small and medium businesses (SMBs) is the backbone of Southeast Asia’s (SEA) growing economy. Accounting for more than 90% of the private businesses in the region, this sector is responsible for generating employment, exports, and GDP growth on a per country and regional level. Hit badly by the pandemic-induced lockdowns, SMBs here are embracing e-commerce and digitalisation efforts to recover from the prolonged bout with physical...
Six Months Of Phishing Attacks In 2022 Exceed SEA’s Total Number Last Year
Phishing incidents continue to skyrocket in Southeast Asia (SEA). The latest data from global cybersecurity company Kaspersky revealed that it only took six months for cybercriminals to exceed their phishing attacks last year against users from the region. From January to June 2022, Kaspersky’s Anti-Phishing system blocked a total of 12,127,692 malicious links in SEA. It is 1 million more than the total number of phishing attacks...
Tech Data Asia Pacific & Japan Strengthens its Security portfolio in partnership with MailGuard
Tech Data, a TD SYNNEX company, has announced its distribution partnership with MailGuard – a world leader in email security. At launch, its Integrated Cloud Email Security (ICES) solution, MailGuard 365, will be available in 6 markets across the Asia Pacific & Japan region, namely Hong Kong, India, Indonesia, Malaysia, Singapore, and Vietnam. This distribution partnership allows Tech Data to add MailGuard 365 – a solution...
No More Ransom Helped More Than 1.5 Million People Decrypt Their Devices
No More Ransom, the initiative launched to help victims of ransomware decrypt their files, celebrates its six-year anniversary today. Since the launch, it has grown from four partners to 188 and has contributed 136 decryption tools covering 165 ransomware families. In doing so, it has helped more than 1.5 million people decrypt their devices all over the world – with the project available in 37 languages. In Southeast Asia (SEA), the...
Hive, LockBit and BlackCat Ransomware Gangs Consecutively Attack the Same Network, Sophos Reports
Sophos, a global leader in next-generation cybersecurity, today announced in the Sophos X-Ops Active Adversary whitepaper, “Multiple Attackers: A Clear and Present Danger,” that Hive, LockBit and BlackCat, three prominent ransomware gangs, consecutively attacked the same network. The first two attacks took place within two hours, and the third attack took place two weeks later. Each ransomware gang left its own ransom demand, and some...
Crypto-Collapse And Rising Smart Attacks: Kaspersky Reports On DDOS In Q2
During Q2 2022, Distributed Denial of Service (DDoS) attacks reached a new level as the share of smart attacks and average duration saw steep increases. Compared to the previous year, the average duration of a DDoS attack rose 100 times, reaching 3,000 minutes. The share of smart attacks almost broke the four-year record, accounting for nearly 50% of the total. Experts also expect an increase in overall DDoS activity, especially with...
Majority of Business Execs In SEA Anticipate Data Theft, APT, and Ransomware Attacks
With the many news reports highlighting the damages of cyberattacks against businesses and countries as a whole, Kaspersky’s fresh study revealed the heightened awareness of business executives in Southeast Asia (SEA) about the sophisticated risks online. Data theft, alongside Advanced Persistent Threat (APT) attacks and ransomware infections, are the highest on their list of concerns. The study titled “How business executives...
Cybersecurity Remains Key To Digital Transformation And Adoption In Malaysia Smes, Says Kaspersky
The Malaysian government introduced Malaysia Digital as the new national strategic initiative to encourage and attract companies, talents, and investments in the country. One of the key focus of Malaysia Digital is digitalising small and medium enterprises (SMEs). Kaspersky’s latest research on digital payments showed that among the countries in Southeast Asia, consumers in Malaysia (72%) strongly favoured the SME’s adoption of...
Why We Should Use Zero Trust Network Access For Remote Working
One of the biggest shifts in the workplace as a result of the pandemic is the trend of remote working. While some companies used to offer the ability to work from home as a benefit, it has now become the norm for most businesses. According to a survey by the Malaysian Employers Federation (MEF), 61.7% of companies want to continue with a hybrid work arrangement – meaning they have the flexibility to work from home or anywhere they...
AV-TEST Finds Kaspersky Security Solutions For Business Deliver 100% Ransomware Protection
AV-TEST, the independent IT security institute, has recognized Kaspersky Endpoint Security for Business and Kaspersky Small Office Security as standouts in its Advanced Threat Protection test for ransomware protection. The assessment found that both Kaspersky business solutions were capable of successfully defending against ransomware in 10 real-life scenarios. Ransomware attacks are on the rise. While Kaspersky research found that...
Sophos Announces Sophos X-Ops
Sophos, a global leader in next-generation cybersecurity, today announced Sophos X-Ops, a new cross-operational unit linking SophosLabs, Sophos SecOps and Sophos AI, three established teams of cybersecurity experts at Sophos, to help organizations better defend against constantly changing and increasingly complex cyberattacks. Sophos X-Ops leverages the predictive, real-time, real-world, and deeply researched threat intelligence from...
82% of Malaysian Organizations Concerned about Growing Attack Surface
Trend Micro Incorporated, the leader in cloud security, announced the findings of its latest Global Risk Study 2022, which revealed that 82% of organizations in Malaysia are concerned about their growing attack surface. In light of this, Trend Micro introduced Trend Micro One – a unified cybersecurity platform aimed to enhance security capabilities of businesses today for the future. According to the study’s findings from over 6,000...
Stranger Scams: Cybercriminals Drain Wallets of Popular Mystery Series’ Fans
In early July, season four of one of the most long-awaited series, Stranger Things, was released. Despite a three-year break due to pandemic-related delays, the series was hotly anticipated and, once again, topped streaming charts. Unfortunately, the desire of ardent fans to see new episodes as soon as possible has been actively abused by fraudsters. Kaspersky researchers found numerous examples of spam emails and phishing pages...
BlackCat Adds Brute Ratel to Attack Tools, Reports Sophos
Sophos, a global leader in next-generation cybersecurity, today revealed in the article, “BlackCat Ransomware Attacks Not Merely a Byproduct of Bad Luck,” that the ransomware gang has added Brute Ratel, a pentesting tool, to its arsenal of attack tools. The article details a string of ransomware attacks in which BlackCat used unpatched or outdated firewalls and VPN services to infiltrate vulnerable networks and systems worldwide...
TikTok Prank Based On Real Fraud Scheme: How Cybercriminals Are Convincing Victims To Call Them
On TikTok, a prank where people call their friends using an automated answering machine voice to tell them that a large amount of money is about to be debited from their account is gaining popularity. Kaspersky experts warn that this trend is a real fraud scheme, called vishing, and is actively used by cybercriminals. Kaspersky researchers detected an increase in the number of vishing emails in June (almost 100,000 total) and...
Ransomware Attacks on Education Institutions Increase
Sophos, a global leader in next-generation cybersecurity, has published a new sectoral survey report, The State of Ransomware in Education 2022. The findings reveal that education institutions – both higher and lower education – are increasingly being hit with ransomware, with 60% suffering attacks in 2021 compared to 44% in 2020. Education institutions faced the highest data encryption rate (73%) compared to other sectors (65%), and...
