Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Trend Micros Q1 Security Roundup Reveals Cybercriminals Advanced Methods for Executing Attacks on Wide Variety of Targets  Join our daily free Newsletter

MENAFN Press - 15/05/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN Press) Cybercriminals targeting unlikely sources to carry out high-profile exploits

Dubai, United Arab Emirates
Cybercriminals continuously discover more ways to successfully target new outlets for financial theft as revealed in Trend Micro Incorporated's (TYO: 4704; TSE: 4704) first quarter security roundup for 2014, "Cybercrime Hits the Unexpected." Greed is motivating cybercriminals to take a non-traditional approach in the selection of unlikely targets, such as advanced threats to Point-of-Sale (PoS) terminals and the exploitation of disasters. Though well protected, these new targets are in the crosshairs of emboldened cybercriminals around the world.

Trend Micro threat researchers also found that online banking malware continued to thrive with the emergence and modification of new malware families, each with different targets and varying anti-detection techniques. And continuing to grow for the past five years is the number of mobile malware and high-risk apps, which has hit 2 million since the introduction of the Android platform.
"This year's first quarterly report sheds light into the cyber underground where creative cybercriminals continue to find new opportunities to commit their crimes," said Raimund Genes, CTO, Trend Micro. "To remain protected against these ever-evolving cyber threats, users must be diligent in using best practices when surfing the Web, especially when conducting online financial transactions."
Key first quarter findings include:
Mobile Threats: The mobile threat landscape continues to grow at an even faster pace than last year as the total number of mobile malware and high-risk apps grew to 2 million this quarter. The explosion of repackaged apps-those that have been maliciously tampered with to pass Android's' security features-also contributed to the huge spi in mobile malware and high-risk app volume growth.

Cybercrime and the Cybercriminal Underground: This quarter's online banking malware volume significantly dropped from the end of 2013. This year's first quarter number did not differ much from the same timeframe one year ago, and the high numbers at the close of last year could be attributed to the holiday season when cybercriminals pursue online shoppers.

Targeted Attack Campaigns and Cyber Attacks: Reports of PoS system infiltration in the United States, particularly in retail and hospitality, as well as insider threats targeting South Korean credit card companies highlighted the need for customized defense strategies.

Digital Life and the Internet of Everything: A new-generation of exploits took the app ecosystem by storm this quarter. These apps cater to users' desire to anonymously share content, send off-the-record messages, and share media. Along with observing more social engineering scams, several devices in the Internet of Everything (IoE) market were scrutinized, as security researchers exposed gaping vulnerabilities.

"Organizations continued to struggle with attacks that were targeted in nature, which could be directly aimed at the energy, financial, healthcare, and retail industries or critical infrastructure," said JD Sherry, vice president of technology and solutions, Trend Micro. "It came down to a simple equation-high-value targets that promised massive payouts were compromised despite the determined efforts of organizations to protect their valuable information."

For the complete report, please visit: http://about-threats.trendmicro.com/us/security-roundup/2014/1Q/cybercrime-hits-the-unexpected
A blog post regarding the report can be viewed here: http://blog.trendmicro.com/cybercrime-hits-the-unexpected

About Trend Micro
About Trend MicroTrend Micro Incorporated (TYO: 4704; TSE: 4704), the global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers. A pioneer in server security with over 20 years' experience, we deliver top-ranked client, server and cloud-based security that fits our customers' and partners' needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the industry-leading Trend Micro„ Smart Protection Network„ global threat intelligence data mining framework, our products and services stop threats where they emerge “ from the Internet. They are supported by 1,000 threat intelligence experts around the globe. Additional information about Trend Micro Incorporated and its products and services are available at Trend Micro.com. This Trend Micro news release and other announcements are available at http://NewsRoom.TrendMicro.com and as part of an RSS feed at www.trendmicro.com/rss. Or follow our news on Twitter at @TrendMicro



  MENA News Headlines
 Nov 29 2015 - Middle East ready for increase in air passenger trafficMENAFN
(MENAFN) The UAE, Qatar, Saudi Arabia, Egypt and Jordan are ready to accomplish a strong 4.9 percent growth in air passenger traffic.The gulf nations will all enjoy strong increase of 5.6 percent, ...

 Nov 29 2015 - MSM Index Drops 127 Points Last WeekQatar News Agency
(MENAFN - Qatar News Agency) Muscat Security Market (MSM) index closed at 5668 points, down by 127 points, constituting 2.2%, down for the fourth consecutive week. The sectoral indices declined, ...

 Nov 29 2015 - German State Aims for 4 Billion-Euro Exports to Saudi Arabia by 2020Qatar News Agency
(MENAFN - Qatar News Agency) The German State of Baden-Wurttemberg will strive to attain over 4 billion euros exports to the Kingdom of Saudi Arabia by 2020, a goal that will double the current ...

 Nov 29 2015 - UAE, Jordan Sign MoU to Enhance Joint Efforts in SMEs and InnovationQatar News Agency
(MENAFN - Qatar News Agency) The UAE Ministry of Economy and the Jordanian Ministry of Industry, Trade and Supplies, have signed a Memorandum of Understanding to increase cooperation between the two ...

 Nov 29 2015 - Militias Fighting Kills 19 in SomaliaQatar News Agency
(MENAFN - Qatar News Agency) At least 19 people were killed Saturday in fighting between rival militias in central Somalia, officials and residents said. The fatalities in the town of Galkayo ...

 Nov 29 2015 - Clashes Erupted between Police and Migrants on Greece-Macedonia BorderQatar News Agency
(MENAFN - Qatar News Agency) Clashes between riot police and migrants angry at being prevented from entering Macedonia from Greece have left up to 40 people injured. Macedonian soldiers raised a new ...

 Nov 29 2015 - Palestinian Shot Dead after Alleged Stabbing AttackQatar News Agency
(MENAFN - Qatar News Agency) A Palestinian was shot dead early Sunday by Israeli soldiers at the entrance of the old city of Jerusalem after allegedly stabbing and injuring an Israeli police . The ...

 Nov 29 2015 - Jordan's Border Guards Receive 51 Syrian RefugeesQatar News Agency
(MENAFN - Qatar News Agency) A total of 51 Syrian refugees from various age groups, entered into the Kingdom of Jordan through various crossing points during the last 72 hours. The Jordanian border ...

 Nov 29 2015 - Qatar- Economy Ministry Recalls 2011-2014 Models of Several Car BrandsQatar News Agency
(MENAFN - Qatar News Agency) The Ministry of Economy and Commerce has announced the recall of 2011-2014 models of Dodge, Chrysler, Jeep, Charger, Challenger 300c and Grand Cherokee, due to a ...

 Nov 29 2015 - Qatargas Shipping Department Wins Prestigious British Safety Council AwardsQatar News Agency
(MENAFN - Qatar News Agency) For the second consecutive year, Qatargas' Shipping Department has won two prestigious awards from the British Safety Council for its commitment to achieving excellent ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help