People Don’t Realize Their Love For Their Data – Until It’s Too Late, Kaspersky Lab Study Reveals

The old adage “you don’t know what you’ve got until it’s gone” seems more relevant than ever for the digital age, with new research by Kaspersky Lab showing that while people claim that they understand the value of their data, in reality they don’t appreciate its importance until it is lost. People even break out… Continue reading People Don’t Realize Their Love For Their Data – Until It’s Too Late, Kaspersky Lab Study Reveals

Kaspersky Lab joins INTERPOL-led Cybercrime Operation across ASEAN

Identifies close to 9,000 C2 servers and hundreds of compromised websites, including government portals Kaspersky Lab today announced its participation in a groundbreaking INTERPOL-led cybercrime operation involving public and private sectors across the ASEAN region. Nearly 9,000 botnet command and control (C2) servers and hundreds of compromised websites, including government portals were identified from the… Continue reading Kaspersky Lab joins INTERPOL-led Cybercrime Operation across ASEAN

People would sacrifice photos on their phones for just 11.11 USD, Kaspersky Lab study reveals

While people claim to value their memories more than any other form of data stored on their digital devices, they are happy to sell them for little money, research by Kaspersky Lab shows. A survey has shown that for 49% of people, private and sensitive photos of themselves are the most precious data they have… Continue reading People would sacrifice photos on their phones for just 11.11 USD, Kaspersky Lab study reveals

Financial Firms Hit with Million Dollar Losses per Cybersecurity Incident

The costs associated with cyberattacks on the financial sector are rising as organizations face increasingly sophisticated threats. New research by Kaspersky Lab and B2B International reveals the scale and impact of attacks, with financial firms facing losses of nearly a million dollars ($926,000) on average for each cybersecurity incident they face. The staggering figure is… Continue reading Financial Firms Hit with Million Dollar Losses per Cybersecurity Incident

Almost 40% of industrial computers faced a cyberattack in the 2nd half of 2016

On average two-in-five computers, related to the technological infrastructure of industrial enterprises, faced cyberattacks in the second half of 2016. This is a finding from Kaspersky Lab’s report, the “Threat Landscape for Industrial Automation Systems in the second half of 2016.” The percentage of industrial computers under attack grew from over 17% in July 2016… Continue reading Almost 40% of industrial computers faced a cyberattack in the 2nd half of 2016

Double Attack: What Are Fileless Banking Attackers Really After?

Kaspersky Lab experts reconstruct an ATMitch case – and discover a mysterious way to cash out with ATMs One day bank employees discovered an empty ATM: there was no money, no traces of physical interaction with the machine, and no malware. After Kaspersky Lab experts spent time unwinding this mysterious case, they were able to… Continue reading Double Attack: What Are Fileless Banking Attackers Really After?

Kaspersky Lab identifies ransomware actors focusing on targeted attacks against businesses

Kaspersky Lab’s researchers have discovered an emerging and alarming trend: more and more cybercriminals are turning their attention from attacks against private users to targeted ransomware attacks against businesses. At least eight groups of cybercriminals involved in encryption ransomware development and distribution have been identified. The attacks have primarily hit financial organizations worldwide. Kaspersky Lab’s… Continue reading Kaspersky Lab identifies ransomware actors focusing on targeted attacks against businesses

Criminal Benefits: Profit Margin of a DDoS Attack Can Reach 95%

Kaspersky Lab’s experts have studied the DDoS services available on the black market and determined just how far this illegal business has advanced, as well as the extent of its popularity and profitability. The worrying news is that arranging an attack costs as little as $7 an hour, while the targeted company can end up… Continue reading Criminal Benefits: Profit Margin of a DDoS Attack Can Reach 95%

Poor Device and App Care Leaves Users Drowning in Digital Clutter, Kaspersky Lab Study Reveals

Digital clutter is growing due to an explosion in application usage and advances in the storage capacity of devices. But poor maintenance of these apps is leaving devices vulnerable to security threats. A new report by Kaspersky Lab reveals the scale of the digital clutter problem among internet users worldwide. The study found that users… Continue reading Poor Device and App Care Leaves Users Drowning in Digital Clutter, Kaspersky Lab Study Reveals

Banks Spend on IT Security is 3x Higher Than Non-Financial Organizations

Financial institutions are under pressure to ramp up security, with trends such as the increased take-up of mobile banking putting banks’ IT infrastructure defenses at growing risk of cyber-attack. Increasingly, customers are playing an important role in highlighting security incidents, with a quarter (24%) of financial institutions saying that some of the threats they faced… Continue reading Banks Spend on IT Security is 3x Higher Than Non-Financial Organizations

From Shamoon to StoneDrill – Advanced New Destructive Malware Discovered in the Wild

In the wake of the Shamoon malware attacks, a new wiper targets Middle East and shows interest in European targets Kaspersky Lab’s Global Research and Analysis Team has discovered a new sophisticated wiper malware, called StoneDrill. Just like another infamous wiper, Shamoon, it destroys everything on the infected computer. StoneDrill also features advanced anti-detection techniques… Continue reading From Shamoon to StoneDrill – Advanced New Destructive Malware Discovered in the Wild

Cybercriminals could take over critical infrastructure and cause disastrous attacks — Kaspersky Lab

3 in 10 PH ICS users saved from malware attacks in 2H of 2016 Makati City – Kaspersky Lab has raised the alarm on the escalating number of malicious attacks against Industrial Control Systems (ICS) and critical infrastructure. The global cybersecurity company warns that threats against these highly important facilities can catastrophically endanger both business… Continue reading Cybercriminals could take over critical infrastructure and cause disastrous attacks — Kaspersky Lab

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