More than 1,400 Financial institutions in 88 Countries targeted by Banking Trojan in 2013
More than 1,400 Financial institutions in 88 Countries targeted by Banking Trojan in 2013: As the year draws to a close, we have seen the number of emerging threats like advance phishing attacks from the Syrian Electronic Army, financial malware and exploit kits, Cryptolocker ransomware infections, massive Bitcoin theft, extensive privacy breach from NSA and many more.
The financial malware’s were the most popular threat this year. Money is always a perfect motivation for attackers and cyber criminals who are continually targeting financial institutions.
On Tuesday, Antivirus firm Symantec has released a Threat report, called “The State of Financial Trojans: 2013”, which revealed that over 1,400 financial institutions have been targeted and compromised millions of computers around the globe and the most targeted banks are in the US with 71.5% of all analyzed Trojans.
Financial institutions have been fighting against malware for the last ten years to protect their customers and online transactions from threat. Over the time the attackers adapted to these countermeasures and sophisticated banking Trojans began to emerge.
According to the report, the number of infections of the most common financial Trojans grew to 337 percent in the first nine months of 2013. Nearly 1,500 institutions in 88 countries were potential targets during 2013.