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SOURCE: nProtect Inc.
nProtect Online Banking and Payments Security for Web Fraud and Identity Theft Prevention
San Jose, CA (PRWEB) December 11, 2012
nProtect, Inc., is a global leader in Internet security solutions. As we near the end of 2012, nProtect takes a look back and reviews the top security issues related to online and mobile threats. According to nProtect security research labs, the online and mobile threats this past year targeting primarily financial institutions and its online users have become more sophisticated and more frequent than in previous years. "We have seen a sharp increase in cyber criminal activities targeting financial institutions. Banks and other financial institutions must continue to secure users and their personal information against online and mobile threats in advance with layered security solutions to protect against all type of threats”, says Mr. YK Paek, Managing Director of nProtect, Inc.
1. Android Targeted Threats Increase
As the number of Android mobile users increase, malwares and security threats targeting Android users have also dramatically increased in 2012. nProtect research labs have discovered numerous cases of malicious applications that steal personal information being distributed and downloaded by users.
2. Sophisticated and Intelligent Attacks Aimed at Large Organizations
In 2012, attacks targeting major corporations including banks and government agencies have been affected by malware such as ‘Zero-Day’, a sophisticated and stealthy threat that exposes vulnerabilities can’t be removed at the time of detection.
3. Online Fraud Targeting Internet Banking Accounts
The number of incidents of malware targeting online banks and its users increased in 2012. Distribution through website phishing and hacking, forging and modifying video player programs of an Internet broadcast sites, and, P2P files secretly implanting malicious codes into the install file of a download site were popular methods hackers used to steal information.
4. Malicious Malware via Adult Videos
There are many services available for downloading files using Internet websites. Cyber-criminals target large groups of people in a short amount of time. As a result, spreading malwares through downloading sites such as adult videos continue to increase where malwares are created as the video file is being played. As a result, the numbers of malwares in adult videos are continually increasing.
5. Malwares Targeting Online Game Accounts
For many years, malware related to online games have been at the top of the list of cybercrimes. 2012 was no exception as malwares targeting online game accounts were still very much active as mutant versions of malware were continually being developed. Most notably, these malwares are using the patching techniques in the Windows operating system to replace or modify system files. nProtect has adapted the ‘Generic Detection’ function in its nProtect Anti-Malware product to combat various types of mutant malwares and one of the top security priorities.
6. Spreading Malware using Social and Political News
Malwares have always been very sensitive to social issues and trends. Cyber criminals use trending keywords as part of spreading malwares to unsuspecting victims. There were several reports of such attacks, also known as social engineering in 2012.
Numerous malwares disguised as hotel reservations, delivery services, and electronic bills were discovered. There have also been reports of malwares related to the London Olympics, the U.S. presidential elections, and other news and events.
7. Malwares spreading through SNS (Social Network Services)
As the use of Twitter, Facebook, LinkedIn, and other social networking services – all of which can be connected to using mobile devices- continues to increase globally, attempts of spreading malwares through these services have increased as well. For example, users were deceived into opening malicious e-mails pretending to be friend request for Facebook injecting malware and stealing information by cyber criminals.
8. Malware using Legitimate Programs
In 2012, there were several cases reported where legitimate programs downloaded by users were manipulated by hackers. Traditional methods involved disguising malware as an ordinary program; altering a legitimate file to incorporate malware is rare.
The problem lies in the fact that it is difficult to detect the malware when it is inserted into normal programs masked behind it.
9. Increased incidents of Cyber Blackmails and Ransomware
Ransomware refers to cyber criminals demanding payments from victims by encrypting the user’s operating system or specific files, rendering them useless. Cyber criminals will use fraudulent messages purporting to come from the police or copyright associations. Using a false message such as “An illegal act has been detected on your computer. As a violation of the law, your operating system has been locked”. Such acts have been reported worldwide.
10. Flame: Cyber-attack targeting national infrastructure
In 2012, there were reports of malwares-such as Stuxnet and Duqu- that were developed specifically to disrupt operations of countries’ infrastructure including power plants and transportation facilities to secretly collect information. Flame, the latest malware reported, is suspected of first surfacing two years ago in 2010 and was designed to steal computer screen shots, information about specific targets, stored files, contact data, and recording of dialogues near the computer.
About nProtect, Inc.
Founded in January 2000, nProtect, also known as INCA Internet is headquartered in San Jose, California and provides online and mobile banking/payment security to financial institutions by securing users against hacking, malware, and other online and mobile threats including Zeus while meeting requirements for compliance including FFIEC.
Currently, over 100 million users from more than 1,000 customers are using nProtect’s online security solutions including banks such as Bank of America, Deutsche Bank, ING, and HSBC.
nProtect was awarded one of the Fastest Growing Companies by Deloitte.
For more information, contact nProtect Inc.
Email: sales (at) nProtect (dot) com
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