Kaspersky sees APAC shift in financial malware threats
A new report from global cybersecurity leader Kaspersky, entitled Financial Cyberthreats in 2020, fund that while the volume of threats decreased via computers or mobiles, criminals were using advanced propagation techniques, especially to target mobile banking.
The geography of attacks became more diversified and extensive and the focus on mobile represents a change of tack. Mobile bankers have particularly impacted, with malware designed to steal users’ credentials, or even funds from their accounts.
In 2019, the 10 countries with the highest percentage of users that encountered Android banking malware included:
South Africa 0.66%
United States 0.18%
In 2020, Russia (a leader in this category for some time) moved down to seventh place. Japan and Taiwan, absent from the list in 2019, now occupy the top two spots:
Taiwan (Province of China) 0.87%
Republic of Korea 0.34%
“In 2020, we observed a number of new countries becoming a hotbed for cyber-infections. The clearest example of this is Japan, which faced a wave of attacks from the Wroba.g banking Trojan. The bright side here is that most of these attacks can be prevented. Therefore, we urge users to take extra care when conducting mobile financial transactions,” says Victor Chebyshev, security expert at Kaspersky.
In order to protect themselves from financial malware, Kaspersky advises the following measures:
- Only install applications from reliable sources
- Check what permissions the application requests
- Install a trusted security solution to protect against financial cyber threats
- Install all latest updates and patches for existing software
To learn more about financial malware and additional findings from the report, Financial Cyberthreats in 2020, visit Securelist.com.
EDGEMATRIX and NTT DOCOMO deliver AI at the edge
Leading Japanese telecommunications firm NTT DOCOMO, together with startup EDGEMATRIX, is harnessing the power of 5G to support artificial intelligence-enabled video, real-time analytics and, ultimately, the next step in the evolution of the modern smart city.
Founded under the roof of Silicon Valley tech firm Cloudian, EDGEMATRIX has grown into a cutting edge startup based in Japan. NTT DOCOMO has been a shareholder in the company since 2019, having spent the past two years jointly developing and commercialising EDGEMATRIX's revolutionary edge-AI platform using high-speed, high-capacity, low-latency 5G technology. NTT DOCOMO, together with EDGEMATRIX, launched a world-first edge AI platform for intelligent video analytics, enabling high resolution, high security, and real-time video using AI.
Courtesy of EDGEMATRIX
The platform simplifies, manages and oversees the implementation and integration of AI at the edge, which captures, analyses and stores video close to where it is captured in industrial and retail settings, "on location at factories, buildings and other outdoor and indoor locations." The solution is also used in social infrastructure such as roads, railroads, and long-term care facilities for safety monitoring and anomaly detection.
Using Edge AI Box, a compact indoor and outdoor device equipped with a GPU for deep learning-based AI and a communication module (WiFi/LTE/5G) together with various interfaces such as camera connection, it becomes possible to process video streaming from surveillance cameras on-site (at the edge) and in real-time. EDGEMATRIX's Edge AI Boxes can be installed across a site and then monitored using the company's platform. The platform maps the locations of multiple Edge AI Box devices installed on site, monitors their operational status and enables the devices to be controlled remotely.
EDGEMATRIX's customers can use the platform to pruchase additional AI applications from a rapidly-expanding ecosystem which allow them to implement the right solution for the right situation. This simplifies the implementation and upgrade of edge AI for processing and storing video data captured with video cameras at customer premises either outdoor or indoor. Using "Edge View" feature, it is also possible to simultaneously display on the browser a large number of AI-processed real-time videos from the field.
Partnerships like this are key to NTT DOCOMO’s efforts to integrate 5G technologies into the modern enterprise.
Zaif Siddiqi, Executive Director and Global Head of NTT DOCOMO’s 5G & IoT Business Department, comments: “When you're approaching digital transformation, there's more to it than just leveraging cutting edge technologies into new customer experiences.” Unless the needs of the customer, and the underlying market forces at play, can be truly understood, “5G doesn’t mean anything,” he explains, adding that in order to find the right contexts for deployment, “Selection of the right partners is extremely important to delivering on the potential value of 5G.”