Online Banking Infections Affect 2,900 Indians In Q2: Trend Micro

cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

New Delhi: Online banking threats claimed around 2,900 victims from India in the second quarter of 2013 as the world reeled under attack from inexpensive and sophisticated malware toolkits used by cybercriminals, according to PC security firm Trend Micro.

"Total online banking infections in Q2 were 1,45,000 of which 2 percent were from India which comes to about 2,900 online banking infections from India," Trend Micro managing director (India and Saarc) Dhanya Thakkar said.

Malware, or malicious software, is used by attackers to disrupt computer operation, gather key data, or gain access to private systems.

Trend Micro's Q2 2013 security roundup report said more online banking threats were seen in different countries this quarter, specifically in Brazil, South Korea, India and Japan.

"We found an online banking malware that modifies an infected computer's hosts file to redirect a customer of certain banks to phishing sites," Thakkar said.

He added the malware not only target the big banks but also smaller ones, including those that exclusively cater to online banking customers.

The report said FAKEBANK malware spotted this quarter spoofs legitimate applications. It contains specific Android application package files (APKs), which it copies to a device's secure digital (SD) card.

"Using the APK files, the malware displays icons and a user interface that imitates legitimate banking apps. This technique is reminiscent of PC banking Trojans that monitor users' browsing behaviors and spoofs banking sites," it added.

Thakkar said cybercriminals have not generated completely new threats and instead opted to repackage old ones.

Also Read: Meet The Executives Involved In Microsoft's Massive Reboot

Also Read: 5 Linux Distributions With Fastest Boot Speeds

Source: PTI
Gartner cites Newgen Software as
Newgen Software, a provider of Business Process Management (BPM), Enterprise Content Management (E..
Apple top-selling phone brand in
Moving ahead of its Chinese rivals, Apple became the top-selling phone brand during Chinese e-comm..
Robyn Denholm is new Tesla
Electric car company Tesla on Thursday announced the appointment of Robyn Denholm, an executive at..
ATEN India Showcases its World
ATEN India, the Liaison Office of ATEN International, exhibited it's most promising data center in..