Trend Micro's Q1 Security Roundup Reveals Cybercriminals' Advanced Methods for Executing Attacks on Wide Variety of Targets - WICU12 HD WSEE Erie, PA News, Sports, Weather and Events

Trend Micro's Q1 Security Roundup Reveals Cybercriminals' Advanced Methods for Executing Attacks on Wide Variety of Targets

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Trend Micro Incorporated

Cybercriminals targeting unlikely sources to carry out high-profile exploits

DALLAS, May 13, 2014 /PRNewswire/ -- 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 spike 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
Trend Micro Incorporated, a global leader in security software, strives to make the world safe for exchanging digital information. Built on 25 years of experience, our solutions for consumers, businesses and governments provide layered data security to protect information on mobile devices, endpoints, gateways, servers and the cloud. Trend Micro enables the smart protection of information, with innovative security technology that is simple to deploy and manage, and fits an evolving ecosystem. All of our solutions are powered by cloud-based global threat intelligence, the Trend Micro™ Smart Protection Network™ infrastructure, and are supported by more than 1,200 threat experts around the globe.  For more information, visit TrendMicro.com.

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow
3514 State St. Erie, PA 16508
Newsroom: (814)454-8812
Toll Free: 1(800)454-8812
Business offices: (814)454-5201
WICU FCC Filing
WSEE FCC Filing
Share:
Share Stories
Submit your stories to our site!
Share Photos
Share your photos in our community galleries
Mobile:
Mobile Site
Be sure to stay constantly updated with the power of WICU12 and WSEE at your fingertips
Free Android App
Free iPhone App
Free iPad App
Storm Tracker App
Droid
iPhone
iPad
All content © Copyright 2000 - 2014 WorldNow and WICU. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.
                   WICU/WSEE - 3514 State Street Erie, PA 16508 - (814) 454-5201 - info@wicu12.com