Banking Trojans remain the most lethal cyber threats says Kaspersky Lab

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Banking Trojans have retained the reputation as the most dangerous cyber threats. This is according to a kaspersky Lab report. The study says financial malware attacks on online users raised by 15.6%. The main reason for the spike is the nexus between the authors of two leading banking Trojans: Gozi Trojan and Nymaim Trojan, pushing both into the top 10 ranking of financial malware. These malware are often propagated via compromised or fraudulent websites and spam emails and, after infecting users mimic an official online banking page in an attempt…

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New Kaspersky Report Indicates That Crypto-Ransomware Attacks Are On The Increase

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Kaspersky Lab has released a new report whose findings indicate that crypto-ransomware attacks are on the increase and will not end anytime soon.¬†Ransomware is a type of malware that, upon infecting a device, blocks access to it or to some or all of the information stored on it. In order to unlock either the device or the data, the user is required to pay a ransom, usually in bitcoins or another widely used e-currency. The Kaspersky Lab report covers the evolution of the threat over the last two years. The…

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Banks in Russia, Japan, the US, and Europe have fallen victim to a massive, sophisticated malware hack

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Hackers rob US and global banks of millions in one of the largest heists ever writes Kwame Opam on the Verge Banks in Russia, Japan, the US, and Europe have fallen victim to a massive, sophisticated malware hack, allowing the perpetrators to steal hundreds of millions of dollars since 2013.¬†According to a Kaspersky Labs report provided to the New York Times, more than 100 banks in 30 nations have been affected by the breach, with upwards of $300 million stolen in the process. One of the largest bank heists ever…

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