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Online Assaults against Financial Sector Fell during 2014, says Kaspersky

Kaspersky the security vendor has just released a report titled "Financial Cyber Threats in 2014" according to which, cyber assaults leveraged on the financial sector dropped during 2014 in relation to the total number of hacking incidences.

Phishing attacks on banks were estimated at just 16.3% of the entire phishing assaults during 2014, dropping nearly 6% over the earlier year, whilst phishing on finance industry dropped 2.7% from 2013 to 2014 thus estimating at 28.7% of the total phishing assaults.

Analyst of Web Content Nadezhda Demidova at Kaspersky contended that financial phishing which had increased during the past had as expected prompted the brands that often became the targets of phishing scams to respond to the problem, thus reported cbronline.com dated February 13, 2015.

Demidova continued that the brands were starting to deal with channels through which phishing spread, particularly spam mails, in an active manner. Consequently, phishing incidences reduced which attacked certain bigger brands, he added.

Kaspersky Labs' data revealed that 31 percent of customers' confidential data from payment systems, which cyber-criminals targeted in 2014, were Visa card information wherein 30 percent belonged to PayPal users while 25 percent belonged to American Express consumers.

According to the security company, world cops coalition initiatives like dismantling of the botnet disseminating GameOver Zeus Trojan during 2014 summer were likely cutting financial phishing.

Yet one more factor behind the falling financial phishing assaults could be cyber-criminals turning attention away from targeting individual customers to chasing organizations which handled financial data as well as payment software.

Still further, an overall trend that experts noticed during 2014 could be a third factor. As such, the phishers sported reduced interest in bulk malevolent assaults against consumers, favoring fewer, increasingly 'personalized' assaults wherein they solely chased one particular group of end-users like Internet banking consumers instead of distributing bulk e-mails having malevolent web-links.

This methodology indicates a lower possibility for one specific malevolent mailing towards getting spotted via IT security system, whilst malware samples and harmful web-links would have extended lifespan. Although success mayn't touch the tactic; however, its' utilization could result in reduced net cyber assaults.

ยป SPAMfighter News - 2/28/2015

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