Over a Third of Banking Malware Attacks in 2019 Targeted Corporate Users

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In 2019, 773,943 users of Kaspersky solutions globally were attacked by banking Trojans. Of those users, a third (35.1%) were in the corporate sector. African countries were affected too: almost every hundredth user (varying from 0,9 to 1%) in South Africa, Ethiopia, Nigeria and Kenya was attacked by banking Trojans at least once during the past year, yet the share of affected corporate users varied greatly in these countries. This is among the findings from Kaspersky’s analysis of the financial threat landscape.

Banking Trojans or ‘bankers’ are one of the most widespread tools for cybercriminals as they focus on stealing money. Bankers usually search for users’ credentials for e-payment and online banking systems, hijacking one-time passwords, and then passing that data to the attackers.

A third of these attacks in 2019 targeted corporate users, an increase from the figure (24%-25%) that has remained fairly consistent for the previous three years. According to experts, the rationale of this is clear: attacks on the B2B sector could not only provide access to banking or payment system accounts, but, through employee exposure, could also compromise a company’s financial resources.

The collected data also shows that Ethiopia has the largest share of corporate users among those who are targeted by banking malware in African regions – it reached 71% in 2019, which means that almost two thirds of banking malware attacks in the country were aimed at the corporate sector. It is followed by South Africa, where this figure is significantly smaller and can be compared to the global number, reaching 30%. Kenya and Nigeria, however, saw this parameter being lower than average, with approximately a fifth (22,5%) of banking malware attacks in Kenya targeting corporate devices, compared to 13% in Nigeria.

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“While the overall number of attacks with bankers decreased in 2019, the growing interest for corporate users’ credentials indicates we are not yet seeing respite from financial threats. We therefore ask everyone to stay cautious when conducting financial operations online from PCs. While we are in the current peak of remote working during the Coronavirus pandemic, it is especially important to not underestimate criminals’ desire for stealing money,” said Oleg Kupreev, security expert at Kaspersky.

The key findings of the report are:

Phishing:

  • In 2019, the share of financial phishing increased from 44.7% of all phishing detections to 51.4%.
  • Almost every third attempt to visit a phishing page blocked by Kaspersky products was related to banking phishing (27%).
  • The share of phishing-related attacks on payment systems and online stores accounted for almost 17% and over 7.5% respectively in 2019. This is more or less the same as 2018 levels.
  • The share of financial phishing encountered by Mac users fell slightly, accounting for 54%.
Read Also:  5 Cybersecurity Dangers Everyone Should Know About

Banking malware (Windows):

  • In 2019, the number of users attacked with banking Trojans was 773,943 – a decrease compared to the 889,452 attacked in 2018.
  • 35.1% of users attacked with banking malware were corporate users – an increase from 24.1% in 2018.
  • Users in Russia, Germany, and China were attacked most frequently by banking malware.
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Android banking malware:

  • In 2019, the number of users that encountered Android banking malware dropped to just over 675,000 from around 1.8 million.
  • Russia, South Africa, and Australia were the countries with the highest percentage of users attacked by Android banking malware.

Threats targeting businesses, such as banking Trojans and financial phishing, can and should be detected and blocked on a network level – even before they reach employee’s endpoints. In particular, the use of a secure Internet gateway solution like Kaspersky Security for Internet Gateway, ensures secure Internet traffic and transactions and prevents many types of malware and threats. Kaspersky solution has received positive honest customer feedback and been named a 2020 ‘Customers’ Choice for Secure Web Gateways’, according to Gartner Peer Insights Customers’ Choice.

In addition to this, Kaspersky experts advise businesses take the following measures against financial threats:

  • Invest in regular cybersecurity awareness training for employees to educate them not to click on links or open attachments received from untrusted sources. Conduct a simulated phishing attack to ensure that they know how to distinguish phishing emails.
  • Leverage advanced detection and response technologies, such as Kaspersky Endpoint Detection and Response – part of the Threat Management and Defense solution. It makes it possible to catch even unknown banking malware and gives security operation teams full visibility over the network and response automation.
  • Use mobile protection solutions or corporate Internet traffic protection to ensure employees’ devices are not exposed to financial and other threats. The last one helps protect even those devices for which an anti-virus is not available
  • Provide your security operation center team with access to Threat Intelligence (https://bit.ly/2ypD8ol) so it remains up to date with the latest tactics and tools used by cybercriminals.
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Over a Third of Banking Malware Attacks in 2019 Targeted Corporate Users - Brand SpurOver a Third of Banking Malware Attacks in 2019 Targeted Corporate Users - Brand Spur

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Over a Third of Banking Malware Attacks in 2019 Targeted Corporate Users - Brand SpurOver a Third of Banking Malware Attacks in 2019 Targeted Corporate Users - Brand Spur

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The Boutique Hotel Under Gudou Holdings Co., Ltd. Further Expands to Panyu District, Guangzhou— Guangzhou Gudou Quanfeng Residence Officially Opens on 10 February 2021

HONG KONG SAR - Media OutReach - 25 February 2021 - Gudou Holdings Limited ("Gudou Holdings" or "Company", which together with its subsidiaries, is referred to as the "Group", SEHK stock code: 8308), is pleased to announce that Guangzhou Gudou Quanfeng Residence, the Group's first boutique hotel project in Panyu District, Guangzhou City, has officially opened on 10 February 2021.

Guangzhou Gudou Quanfeng Residence has 33 guest rooms, including 2 two-bedroom suites and 3 three-bedroom suites. The design is modelled on one of the ancient Lingnan (southern Chinese) architectural style, "Guanyindou", which features the shape of two handles of a wok on either sides of the roof of a building in the ancient town of Shawan, Panyu. Carrying on the tradition of the "Gudou" brand, the hotel organizes one-stop leisure and entertainment activities and are installed with comprehensive facilities to provide a new experience for tourists who prefer to enjoy the finer things in life in the traditional ambience.

Guangzhou Gudou Quanfeng Residence is conveniently located in the Hills Ecool Creative Park in Panyu, which occupies a total site area of​​340,000 square meters at the southern tip of Panyu District. The hotel is easily accessible by a developed network of roads around the Hills, including South China Expressway, Xinguang Express, Nansha Port Express and other highways. Therefore, it is easy to travel from the hotel to Zhujiang New Town in Guangzhou, and thus elsewhere in the Pearl River Delta. It takes five minutes to reach the Chimelong Paradise, and the Blessing Colorful World within easy reach. The Clifford Station on Metro Line 21 will also be opened in 2021 and it is only an about 10-minute walk from the hotel. In the Panyu Golden Valley Eko Creative Park, a head office for environmental operation of business and a district for shopping and leisure will be built. Such plan has earned the park a reputation as "China's Number One Low-Carbon Community". The rising occupancy rates of the office buildings in Panyu will also mean an increase in business travelers who, in turn, can drive up the occupancy rates of the hotel and the spending there.

There are many well-known tourist attractions near Guangzhou Gudou Quanfeng Residence, including Chimelong Paradise, Blessing Colorful World, Dafu Mountain Forest Park, Lianhua Mountain Tourist Area, Shawan Ancient Town and IKEA Store, which is popular with young people. The Evergrande Football Stadium, which can seat 100,000 spectators, is also expected to be completed in 2022 and will be able to accommodate tourists who stay in Guangzhou for two days and one night.

Mr. HON Chi Ming, Chairman, Chief Executive Officer and Executive Director of the Group, said, "The Group is very satisfied and encouraged by the opening of the Guangzhou Gudou Quanfeng Residence. The hotel is conveniently located in an area where there are comprehensive facilities. Therefore, the area is expected to attract a large number of tourists. Since the apartment hotel has already been renovated and equipped with upgraded facilities and soft furnishings, not much more capital will be required for putting the hotel in operation in a short time. This means cost-effectiveness at the hotel and can quickly responding to the trend of tourism recovery. Looking ahead, tourism property development will remain the focus of the Group's business development. Specifically, we will actively expand our tourism property business in Guangdong Province, provide more quality services to meet customer needs, and increase investors' awareness of Gudou Holdings' brand. All this is aimed at creating better returns."


About Gudou Holdings Limited

Gudou Holdings is a hot spring resort and hotel operator and a tourism property developer in the People's Republic of China ("PRC"). It principally engages in (i) the operation and management of the hot spring resort and hotel facilities of Gudou Hot Spring Resort, which is a national AAAA-level tourist area, and provision of consultancy and/or management services; and (ii) the development and sale of tourism properties in Guangdong Province. The "Gudou" brand is a well-known brand of integrated hot spring resort in the PRC. Gudou Holdings operates six theme hotels, among which Royal SPA Hotel was rated as a five-star hot spring by the National Hot Spring Tourism Enterprise Star Rating Committee in 2020. The resort complexes with a variety of leisure and recreational facilities, including hot spring facilities, hotels, commercial stores, food and beverages outlets, recreational waterpark, a spa centre, a conference centre, parks, tourist attractions and other ancillary leisure and recreational facilities. The Group's newly established Guangdong Gudou Quanfeng Cultural Tourism Development Co., Ltd. has further expanded its presence to Guangzhou with the official opening of Guangzhou Gudou Quanfeng Residence on 10 February 2021, marking the latest headway following the official operation commencement of Gudou Spring Superior Hotel, located in the center of Jiangmen on 15 January 2021.


Over a Third of Banking Malware Attacks in 2019 Targeted Corporate Users - Brand Spur
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