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Singapore most targeted by banking Trojans in 2015

Zafirah Salim | Jan. 11, 2016
Mobile financial threats were ranked among the top 10 malicious programmes designed to steal money, according to a Kaspersky Security Bulletin Overall Statistics Report for 2015.

Singapore has been ranked as the top country worldwide for financial malware attacks among cybercriminals with the highest risk of users' computers around the world being infected by banking Trojans, according to a Kaspersky Security Bulletin Overall Statistics Report for 2015.

Among all Kaspersky Lab users attacked by malware in Singapore, 11.6 percent were targeted at least once by banking Trojans throughout the year. Austria and Switzerland came in second at 10.6 percent, while Hong Kong - the only other country in the Asia Pacific region - ranked eighth at nine percent.

The report also highlighted that for the first time ever, mobile financial threats were found to be among the top 10 malicious programmes designed to steal money. Two families of mobile banking Trojans, namely Faketoken and Marcher, were included in 2015's top 10 banking Trojans.

Following this, the widely-used malware family, ZeuS, was dethroned by Dyre/Dyzap/Dyreza. Over 40 percent of those attacked by banking Trojans in 2015 were hit by Dyreza using an effective web injection method in order to steal data and access the online banking system.

"This year, cybercriminals focused time and resources in developing malicious financial programmes for mobile devices. This is not surprising as millions of people worldwide now use their smartphone to pay for services and goods. Based on current trends, we can assume that next year, mobile banking malware will account for an even greater share," said Yury Namestnikov, Senior Security Researcher at Global Research and Analysis Team, Kaspersky Lab.

Another key finding of the report was the rapid spread of ransomware on new platforms, with one in six (17 percent) ransomware attacks now involving an Android device.

Kaspersky Lab's experts identified two big ransomware trends during 2015. The first is that the total number of users attacked by encryption ransomware increased to almost 180,000 - up 48.3% compared to 2014. Secondly, in many cases, the encryptors are becoming multi-module; and in addition to encryption, it includes functionality designed to steal data from victims' computers. 


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