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Security Researchers Find Malware Designed to Steal Money From Banks Grow Over by 60%

Kaspersky Lab said its solutions detected and repelled 843,096,461 malicious attacks from online resources located in 203 countries around the world

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Revealing a worrying global trend, security researchers have found that malware files designed to steal credentials and money from users’ bank accounts rose to around 30,000 in the first quarter of 2019, up from 18,500 in the previous quarter, a growth of over 60 per cent.

Mobile banking Trojans are one of the most rapidly-developing, flexible and dangerous types of malware, said the report from cyber security firmKaspersky Lab.

They usually steal funds directly from mobile users’ bank accounts, but sometimes their purpose is changed to steal other kinds of credentials.

The malware generally looks like a legitimate app, such as a banking application. When a victim tries to reach their genuine bank app, the attackers gain access to that too.

In Q1 2019, Kaspersky Lab detected around 30,000 modifications of various families of banking Trojans, trying to attack 312,235 unique users.

“The rapid rise of mobile financial malware is a troubling sign, especially since we see how criminals are perfecting their distribution mechanisms,” Victor Chebyshev, a security researcher at Kaspersky Lab, said in a statement.

It is said that the malware is hard to detect due to encryption and other tactics. Pixabay

“For example, a recent tendency is to hide the banking Trojan in a dropper – the shell that is supposed to fly to the device under the security radar, releasing the malicious part only upon arrival,” Chebyshev added.

A new version of the Asacub malware accounted for 58.4 per cent of all banking Trojans that attacked users, said the report.

Asacub first appeared in 2015. The attackers spent two years perfecting its distribution scheme and, as a result, the malware peaked in 2018, when it attacked 13,000 users a day.

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Since then, its rate of spreading has closed down, although it remains a powerful threat – in Q1 2019, Kaspersky Lab detected Asacub targeting 8,200 users a day on average.

To reduce the risk of infection with banking Trojans, users should install applications only from trusted sources, ideally from the official app store, said the security researchers.

Kaspersky Lab said its solutions detected and repelled 843,096,461 malicious attacks from online resources located in 203 countries around the world. (IANS)

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4 Items That You Need To Have With You Everyday

Here is the list of the things that you need to have with you every day. 

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For us to get through the day, we need to carry specific items that we need. Pixabay

For us to get through the day, we carry specific items that we need. These are the things that will keep us entertained, help us with our tasks, and for our survival. The most common mistake for a lot of people is that they don’t prepare and anticipate. People are more reactive rather than being proactive. It means that they wait for something to happen before they even respond than being ready before an event unfolds. 

We should be ready no matter what, and you must have the items for communication, for self-defense, for information, and even for purchasing.  If you have all of the essential things, then you are more than ready to face even the worst-case scenario. So here is the list of the things that you need to have with you every day. 

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A Watch

Of course, one of the most important things to know is the date and time. Today, watches don’t just tell you about the time. A lot of people don’t know that some watches have features that are important for survival. These enticing functions are the temperature gauge, chronograph, tide graph, moon phase, time equation, rotating bezel, perpetual calendar, and a GTM indicator.

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Of course, one of the most important things to know is the date and time and that is why you always need a watch. Pixabay

Don’t settle for a watch that runs out of battery because it’s a useless watch. Purchase a watch that is durable, classy, high-standard, and will look good on you, and then the Hamilton American Classic watches should do the trick. These are classic and vintage vibe watches that include automatic and chronograph watches. The watch will surely suit your style and any clothes you wear.

Money

The most important thing for daily survival is money. With cash, you can buy food, clothes, have shelter, and if you are bored, you can purchase something that will entertain you. If you are financially stressed, then money is the answer because it can help you get what you want and what you need. The value of money for people is high because some are saving for their needs in the future. 

If you speak it philosophically, you cannot buy everything with money, but it is used to calculate a person’s status. If ever you are in a situation that you don’t have anything with you except for money, then you will still survive and get what you need. You only need to know how to spend, and on what to spend because getting money is not easy. It will take you time to have lots of it.

Cellular Phone

Communication is also vital for a person if they want to get through the day. While there a lot of ways to communicate with other people, a cellular phone is the most accessible way in terms of technological advancement. People get quickly bored with what they have, and that’s why we have smartphones so that we can access a lot of things, and it will keep us from boredom. 

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It is essential to have excellent communication with others. You will need to get in touch with your family, colleagues, or various health professionals. There are pieces of information that you cannot easily send through letter or email because it is inconvenient, but with the use of a cellular phone, it is more accessible. Life and death situations will make you realize the importance of always having a phone.

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A mobile phone is one of the most essential items. Pixabay

A Lighter

You might be wondering why you would need to carry a lighter every day, even if you are not a smoker. The answer is that it somehow serves a higher purpose in a survival way of life other than lighting a cigarette. With a lighter, you can light a propane stove for cooking and lit up a candle in case there is a power outage. You can also open a bottle using a lighter, but you need a little practice before you can do that. Last but not least is that you can offer it to your smoker friends or stranger, which is helpful to them.

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Takeaway

No matter where you are and what time it is, always be prepared and simulate that worst-case scenario that will happen in your daily life. Know what you should do and what to bring so that if it happens, you are prepared and ready to face whatever is coming. Always carry with you those items listed above, and you are good to go.