Kaspersky Names Ernest Chai as Head of Channel for APAC
Kaspersky, a renowned global cybersecurity company, has announced the appointment of Ernest Chai as the Head of Channel for the Asia Pacific (APAC) region, effective April 2023. With more than 20 years of experience in the IT industry, Ernest is a highly skilled sales executive with a proven track record of successful execution in dynamic growth environments. Before joining Kaspersky, Ernest was the Channel Director for the Storage...
Web Threats Against Southeast Asian Companies Surge by 45% in 2022
According to a recent report by global cybersecurity firm Kaspersky, web-based threats against companies in Southeast Asia (SEA) surged by 45% in 2022. The report shows that Singapore experienced the highest year-on-year (YOY) increase in web threats targeting businesses, with a three-fold spike (329%). Other SEA countries, including Malaysia (197%), Thailand (63%), Indonesia (46%), and the Philippines (29%), also recorded an uptick...
Cryptocurrency Phishing Attacks Rise by 40% in 2022, Traditional Financial Threats Decrease
The number of cryptocurrency-related phishing attacks prevented by Kaspersky anti-phishing systems increased by 40% compared to the previous year, with over 5 million attacks being stopped in 2022. In contrast, traditional financial threats, such as banking and mobile financial malware, have decreased in detection. These findings are part of Kaspersky’s latest report on Financial threats. The financial threat landscape has...
Nearly All Organisations in APAC Find the Execution of Essential Security Operation Tasks Challenging
Sophos, a company specializing in cybersecurity services, has released a survey report entitled “The State of Cybersecurity 2023: The Business Impact of Adversaries on Defenders,” which found that 93% of organizations in Asia Pacific and Japan find executing essential security operations such as threat hunting to be challenging. Additionally, 76% of respondents have difficulty identifying the root cause of an incident,...
Kaspersky Finds Remote desktop Attacks drop in SEA
aspersky, a global cybersecurity company, recently reported a drop in Bruteforce attacks against remote workers in Southeast Asia (SEA). While this is positive news, Kaspersky warns that it is too early for businesses to become complacent. Bruteforce attacks are attempts to find a valid login and password combination by systematically checking all possible passwords until the correct one is found. Remote Desktop Protocol (RDP) is a...
Kaspersky Discovers Large-Scale Crypto Theft Campaign through Tor Browser Malware
Researchers at Kaspersky have discovered an ongoing cryptocurrency theft campaign that has affected over 15,000 users across 52 countries. The malware disguises itself as Tor Browser and operates by replacing a part of the clipboard contents with the cybercriminal’s wallet address whenever it detects a cryptocurrency wallet address in the clipboard. Cybercriminals have been able to steal approximately US$400,000 using this technique...
Group-IB’s Fraud Protection Named Most Comprehensive Anti-Fraud Solution by Frost & Sullivan
Frost & Sullivan, an international research and consulting firm, has recognized Group-IB’s Fraud Protection platform as the most comprehensive anti-fraud solution currently available on the market. In Frost & Sullivan’s Global Fraud Detection & Prevention (FDP) Market Study, Group-IB’s Fraud Protection stood out from the other eight vendors and products surveyed by containing all seven key functionalities...
Beware of Business Email Compromise (BEC) Attacks: The Evolution of Phishing Scams 3.0
The proportion of email-delivered attacks has reached a record of 86% of all file-based in-the-wild attacks, compared to web-based attacks, according to the latest 2023 cyber security report. Cybercriminals are increasingly using various types of archive file formats to conceal malicious payloads. Business email compromise (BEC) is one of the most damaging and expensive types of phishing attacks in existence. While ransomware tends to...
Kaspersky Report Reveals Cybercriminals’ Reliance on Escrow Services on the Darknet
According to the latest research by Kaspersky, over 1 million messages were posted on the darknet between 2020 and 2022 mentioning escrow services. These intermediaries, who help to control the fulfillment of agreements and minimize the risk of cheating, partner with cybercriminals who want to buy or sell data, services, or form partnerships, earning between three to fifteen percent of the transaction. However, there is still a risk...
Mastercard Introduces AI-Powered Cyber Shield to Strengthen Customer Security
Mastercard has announced a new AI-powered cybersecurity solution called “AI Cyber Shield,” which will help protect customers from potential cyber threats. The technology analyzes vast amounts of data in real-time to identify patterns and signals of potential attacks, such as malware and phishing attempts. It then uses this information to create a protective shield around the user’s device and prevent the attack from...
Financial Phishing: A Growing Threat to Businesses in Southeast Asia
Phishing is a prevalent form of cybercrime that works by using carefully crafted emails or notifications to trick users into giving up their payment or personal details or downloading malicious programs. Financial phishing is a type of phishing that targets payment systems and e-shops, and it is a growing problem in Southeast Asia. In 2022, Kaspersky blocked a total of 822,536 financial phishing attempts targeted at companies in the...
Kaspersky Report: Cybercriminals Launch More Than 7 Million Attacks on Children Through Popular Games in 2022
Cybercriminals targeted young players in online gaming with more than 7 million attacks in 2022, according to a report by Kaspersky. The report, titled “The Dark Side of Kids’ Virtual Gaming Worlds”, showed that focused attacks on this age group increased by 57% compared to 2021, with phishing pages used to target young players mostly mimicking global game titles including Roblox, Minecraft, Fortnite, and Apex...
ChatGPT for Cybersecurity Defenses
Sophos, a leading cybersecurity service provider, has released new research showcasing the potential of GPT-3, the language model that powers ChatGPT, as a co-pilot to help defeat cyber attackers. The report titled “GPT for You and Me: Applying AI Language Processing to Cyber Defenses” describes the projects developed by Sophos X-Ops using GPT-3’s large language models. These projects simplify the search for...
Malicious Mailings Targeting Malaysia Put the Country in the Top Ten of 2022
Kaspersky, a leading cybersecurity company, has reported a significant increase in the number of malicious email attachments in 2022 compared to the previous year. According to their data, 18 million more attachments were detected, with the highest number of triggers occurring in March, May, and June. In Malaysia, the percentage of such threats rose from 2.62% in 2021 to nearly 3% in 2022. The email attachments that Malaysian users...
Shifting Trends: Kaspersky’s Data Shows Web Threats Overtaking Local Threats In The Past Two Years In Malaysia
Malaysia Computer Emergency Response Team (“MyCERT”) observed an increase in various cybersecurity attacks capitalizing the COVID-19 pandemic, focusing on phishing emails, websites, scam domains, malware and vulnerable sectors and infrastructures in the health sector. The data gathered by Kaspersky Security Network (KSN), that automatically analyzes cybersecurity-related data streams from millions of voluntary participants around the...
SMEs And Enterprise in APAC Plan To Increase IT Security Budgets Equally Up to 17% in The Next Three Years
A PWC study states the heightened interest of business in cybersecurity caused by the increased use of digital technologies and ever-evolving threat landscape has already resulted in improvements in IT security. To explore how much businesses currently spend on this crucial field and what their plans for further investments are, Kaspersky conducted 3,230 interviews across 26 countries from businesses with more than 50 employees. Out...
Top Five Online Dating Threats Cybercriminals Are Using This Valentine’s Season
Love is in the air this Valentine’s Day, and for many, it inspires to look for a special someone. However, as online dating popularity continues to grow, so do the threats from cybercriminals looking to exploit vulnerable individuals. Kaspersky is shining a light on these dangers and sharing its top five online dating threats to watch out for this Valentine’s Day. Phishing for dating resources Imagine finding the perfect match online,...
SMBs And Enterprise In APAC Plan To Increase IT Security Budgets Equally Up To 17% In The Next Three Years
The increased complexity of IT infrastructure, a need to improve the level of specialist security expertise and geopolitical or economic uncertainty are the main factors driving cyber security spending for companies of all sizes, according to latest edition of Kaspersky’s annual IT Security Economics report. A PWC study states the heightened interest of business in cybersecurity caused by the increased use of digital technologies and...
Roaming Mantis Uses DNS Changers To Target Users Via Compromised Public Routers
On January 19, Kaspersky researchers reported on a new domain name system (DNS) changer functionality used in the Roaming Mantis campaign. Now cybercriminals can use compromised Wi-Fi routers in cafes, airports hotels and other public places to potentially infect more Android smartphones with the Wroba.o malware. At the moment, the new technique targets users in South Korea, but it can be soon implemented in other countries as well....
Malaysia’s National Cyber Security Agency (NACSA) Examines Kaspersky’s Transparency Center in Switzerland
With the objective of securing and further strengthening Malaysia’s resilience in facing cyberattacks through mutual collaboration, the National Cyber Security Agency (NACSA) visited Kaspersky’s Transparency Center in Zurich, Switzerland, recently. It was the first time a high-ranking officer from Malaysia has visited the company’s first-ever Transparency Center. Built to enable trusted partners and government stakeholders to review...
