Home Security Banking trojans, credential stealers increased in Q3: claim
Banking trojans, credential stealers increased in Q3: claim Pixabay

Security firm Proofpoint has found that banking trojans and malware that steal credentials were the most prominent digital threats - nearly 94% - in the third quarter of 2018, based on analysis of its traffic.

Ransomware dropped to less than 1% of email-borne payloads while remote access trojans increased to 4%. The company claims to analyse five billion emails every day, apart from about social media posts and 250 million malware samples.

Most of the malware that arrived was linked off URLs in email, rather than arriving as attachments, the report found, adding that phishing of corporate credentials grew by more than 300% between the second and third quarters of the year.

Web-based threats were mostly social engineering attempts, with fake anti-virus and bogus plug-ins appearing at twice the frequency as in the second quarter.

Proofpoint said that the incidence of cryptojacking using the the Coinhive mining script was about the same in the third quarter as it had been in Q2.

Social media platforms had become more efficient at blocking phishing links, the report said, with a 90% decrease in links compared to the corresponding quarter in 2017.

But social media support fraud had grown, reaching the highest level recorded by Proofpoint, in September.

The company said it recommended the following:

"Assume users will click. Social engineering is increasingly the most popular way to launch email attacks, and criminals continue to find new ways to exploit the human factor.

"Leverage a solution that identifies and quarantines both inbound email threats targeting employees and outbound threats targeting customers before they reach the inbox.

"Build a robust email fraud defence. Highly targeted, low-volume email fraud attacks often have no payload at all and are thus difficult to detect. Preventing email fraud requires a multilayered solution that includes email authentication and domain discovery, as well as dynamic classification that can analyse the content and context of emails, stopping display-name and lookalike-domain spoofing at the email gateway.

"Protect your brand reputation and customers. Fight attacks targeting your customers over social media, email, and mobile—especially fraudulent accounts that piggyback on your brand. Look for a comprehensive social media security solution that scans all social networks and reports fraudulent activity."

47 REASONS TO ATTEND YOW! 2018

With 4 keynotes + 33 talks + 10 in-depth workshops from world-class speakers, YOW! is your chance to learn more about the latest software trends, practices and technologies and interact with many of the people who created them.

Speakers this year include Anita Sengupta (Rocket Scientist and Sr. VP Engineering at Hyperloop One), Brendan Gregg (Sr. Performance Architect Netflix), Jessica Kerr (Developer, Speaker, Writer and Lead Engineer at Atomist) and Kent Beck (Author Extreme Programming, Test Driven Development).

YOW! 2018 is a great place to network with the best and brightest software developers in Australia. You’ll be amazed by the great ideas (and perhaps great talent) you’ll take back to the office!

Register now for YOW! Conference

· Sydney 29-30 November
· Brisbane 3-4 December
· Melbourne 6-7 December

Register now for YOW! Workshops

· Sydney 27-28 November
· Melbourne 4-5 December

REGISTER NOW!

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the sitecame into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

 

Popular News

 

Telecommunications

 

Sponsored News

 

 

 

 

Connect