Cyber Fraudsters Tried To Launder Money Almost Three Times More Often In 2019

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The number of attempts to launder money while working in the personal account of banks and online retailers in 2019 almost tripled, the Kaspersky Lab said in a statement.

So, every fiftieth online session in the banking sector and the field of electronic commerce in Russia and the world in 2019 was conducted by cybercriminals. Most often (in 63% of cases), attempts to make unauthorized transfers were carried out using malware or applications for remote control of the device. After installing such software, the probability of receiving remote access to the device screen reached 48%.
The number of DDoS attacks doubled in the fourth quarter of 2019.

About 28% of attacks occurred on weekends.

In second place is the use of compromised credentials: every third incident (34%) was associated with them. In this case, the attackers intend to commit theft, verify the authenticity of the accounts for subsequent resale, and collect additional information about the owner. Because of this, companies incur financial losses and reputation risks.

Money laundering incidents accounted for 3% of attacks. The number of such attempts has increased by almost 182% compared to 2018. Experts attribute this increase to a reduction in the number of banks, an increase in the availability of fraud tools, and numerous data leaks.
Source: Banki.ru

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