25 percent of passwords stolen as per Kaspersky report

05/29/2021 01:41:05 PM

This past 6 May 2021 was called World Password Day. However, it is best that users should check their security codes regaurly as cybercriminals are continuously trying to gatecrash into your online accounts. 

One of the recent reports by the global cybersecurity brand Kaspersky revealed that they have prevented 25% more password stealers in Southeast Asia (SEA) during the first three months of this year compared to the same period last year (2020).

Password stealers are a type of malware that steals account information. In essence, it is similar to a banking Trojan, but instead of intercepting or substituting entered data, it usually steals information already stored on the computer: usernames and passwords saved in the browser, cookies, and other files that happen to be on the hard drive of the infected device.

All in all, the data privacy advocate managed to block 776,684 Trojans designed to steal accounts in Q1 2021 – an increase of 155,942 incidents compared with last year’s 620,742.

While Indonesia and Thailand registered a slight decrease, the remaining four SEA countries logged an uptick on password stealers detections. Singapore registered the highest increase at 79% followed by Malaysia at 61%.

“It is known that Southeast Asia homes the most active social media users in the world. At the same time, the region is witnessing a massive digital shift at a breakneck speed. We are now 400-million-strong online consumers, a number predicted to happen not until 2025. Hence, it is expected that cybercriminals would be very interested to take over our virtual accounts brimming with financial and confidential data,” said Yeo Siang Tiong, General Manager for Southeast Asia.

“As we harness the power of technology and the internet, we urge everyone to strengthen their online locks regularly. Like how we improve our security systems as our houses accumulate more assets, we should also be more thorough on how we secure our online properties as we store more data in it,” added Yeo.

Lessons from The Three Little Pigs

In its press release,  Kaspersky reminds users of the classic tale – The Three Little Pigs. The well-known English folk tale’s seemingly simple plot explains the idea behind a brute-force attack that can compare on showing the importance of stronger passcodes and cybersecurity measures.

The tale begins with the three pigs selecting a hardware solution to protect against cyberthreats. It appears to be some kind of Internet gateway. The first chooses a device made of straw (cheap and unreliable), the second opt for wood (more reliable, but still not great), and the third puts up a real firewall made of stones.

The wolf in the fairy tale is depicted as a fairly low-skilled hacker. His approach to the information infrastructure of each little pig is to attack it with the only tool available to him: blowing. As you surely recognize, this is analogous to brute-force hacking. In cybersecurity, brute force is usually applied to cracking passwords.

The tale shows that this technique can indeed be effective when the target doesn’t pay much attention to cybersecurity: The first two porcine huts cannot withstand the brute-force attack, and the attacker gets inside. But with the third, he encounters problems. 

In other words, even storytellers two centuries ago knew that using inexpensive routers with default passwords, or practice using weak passwords, in general, was a recipe for disaster.

To boost your password and to secure your accounts like the third pig, Kaspersky experts provide some quick tips and tools:

• Check the strength of your current passwords. Kaspersky has a free tool to help you with this
• Use Have I Been Pwned, to see if your passwords have been leaked 
• Update your password regularly, at least every 90 days. A password manager can assist you in remembering them
• Set up two-factor authentication, so even if your login and password have been stolen, they will not be enough to access your account
• Only download apps from trusted sources
• Use a reliable security solution, such as Kaspersky Total Security, which will be able to identify stealers and stop them from stealing your data

Filipinos can avail of Kaspersky’s limited offer to secure their devices.

• Free e-gift vouchers (choice of Grab, GCash, or PayMaya) are up for grabs for every purchase of:
• Kaspersky Total Security (valid for 1 year for 1 device) or
• Kaspersky Internet Security (valid for 1 or 2 years for 1, 3, or 5 devices)

Participating Kaspersky products are available from official partner stores in Metro Manila, official partner e-stores, and via Shopee and Lazada. Promo runs from May 29 to July 17, 2021.

Please visit this link for the complete list of participating stores and for more information about the promo.

Author: slickmaster | © 2021 The SlickMaster's Files