NORTON REPORT 2013 ON CYBER CRIME

NORTON HAS RELEASED ITS 2013 CYBER SECURITY REPORT AND THIS REPORT COVERS 24 COUNTRIES LIKE:

AUSTRALIA, BRAZIL, CANADA, CHINA, COLOMBIA, DENMARK, FRANCE, GERMANY, INDIA, ITALY, JAPAN, MEXICO, NETHERLANDS, NEW ZEALAND, POLAND, RUSSIA, SAUDI ARABIA, SINGAPORE, SOUTH AFRICA, SWEDEN, TURKEY, UNITED ARAB EMIRATES, UNITED KINGDOM, UNITED STATES OF AMERICA

WHO IS AFFECTED MOST BY CYBERCRIME?
CYBERCRIME VICTIMS MORE LIKELY TO BE: MALE 64% (COMPARED to 58% OF FEMALES)
MILLENNIAL 66% (COMPARED TO 54% OF BABY BOOMERS)

AND:
• MOBILE DEVICE OWNERS – 63%
• SOCIAL NETWORK USERS – 63%
• PUBLIC / UNSECURED WI-FI USERS – 68%
• EMERGING MARKET – 68%
• PARENT OF CHILDREN 8-17 – 65%

HIGHEST NUMBER OF CYBERCRIME VICTIMS FOUND IN: 
85% CHINA
77% RUSSIA
73% SOUTH AFRICA

KEY THEMES
TABLET AND SMARTPHONE CONSUMERS LEAVE SECURITY BEHIND ALMOST 1/2 DON’T USE BASIC PRECAUTIONS SUCH AS PASSWORDS, SECURITY SOFTWARE OR BACK UP FILES FOR THEIR MOBILE DEVICE MORE THAN ONE-THIRD HAVE EXPERIENCED MOBILE CYBERCRIME LAST YEAR

THE GLOBAL PRICE TAG OF CONSUMER CYBERCRIME
US$113 BILLION ANNUALLY, COST PER CYBERCRIME VICTIM UP 50 PERCENT
THE SCALE OF CONSUMER CYBERCRIME 1 MILLION+ VICTIMS DAILY, 12 VICTIMS PER SECOND.


READ MORE DETAILED REPORT AT: http://www.yle.fi/tvuutiset/uutiset/upics/liitetiedostot/norton_raportti.pdf

Google shutting down Orkut by September 30

Internet giant Google said it will shut down Orkut, which is popular in India and Brazil, on September 30 2014. The Orkut services did not get more users to compete with other social network sites.

Ten years ago, Orkut was Google’s first foray into social networking. Built as a “20 percent” project, Orkut communities started conversations, and forged connections, that had never existed before. Orkut helped shape life online before people really knew what “social networking” was.

However, according to its website about 50.6 per cent of its users were from Brazil. Another 20.44 per cent came from India, while the US and Pakistan accounted for 17.78 per cent and 0.86 per cent, respectively.

"Over the past decade, YouTube, Blogger and Google+ have taken off, with communities springing up in every corner of the world. Because the growth of these communities has outpaced Orkut's growth, we've decided to bid Orkut farewell," Google said in a post on the Orkut blog.

Orkut was launched in 2004, the same year when Facebook was founded. Facebook is now the world's largest social network with 1.28 billion users.

Orkut was the result of a "20 per cent project" in which Google workers got to spend a fifth of their time on ideas not necessarily related to their job responsibilities.

Google launched its Google+ social network in 2011 and has been slowly weaving it into other services. While Google+ was positioned to compete with Facebook in the beginning, over the last few years, it has established Google+ as a unified "user identity" system.

In 2010, Facebook overtook Orkut as the top social networking site in India with 20.9 million visitors in July that year compared to Orkut's 16 per cent growth with 19.9 million visitors, according to research firm comScore.

Google said it would preserve an archive of all Orkut communities that will be available from September 30.

"If you don't want your posts or name to be included in the community archive, you can remove Orkut permanently from your Google account," Google said.


Read from Orkut blog: http://en.blog.orkut.com/

Banking malware 'Luuuk' might have stolen $682K in one week

A European bank may have lost as much as $682,000 in a week earlier this year, according to Kaspersky Lab, which analyzed data on a server used in attacks against online banking users in Italy and Turkey.

In a blog post Wednesday, the Russian security company didn't identify the bank or why it chose to reveal the possible theft six months later. The financial institution has been notified of the discovery, and Kaspersky said is in contact with law enforcement.

On Jan. 20, Kaspersky analysts discovered a command-and-control server for a piece of malware that executed so-called man-in-the-browser attacks on victims' computers. In that type of attack, malware intervenes during an online banking session and can manipulate or steal data.

Two days later, the fraudsters removed all of the "sensitive components" from the server, Kaspersky wrote. That indicates the cyber criminals may have known someone else was looking at it.

The fraud campaign was nicknamed "Luuuk" by Kaspersky after that name appeared in a file path of the server's administrator control panel. It appears the server managed the theft of funds from victims' accounts, automatically transferring the money to the accounts of "mules," or people who agree to receive the funds for a cut and transfer the bulk of the funds onward.

Server logs indicated that as much as $682,000 may have been transferred in a single week, wrote Kaspersky's Global Research and Analysis Team. The data indicated around 190 victims. Analysts also saw on the server descriptions of fraudulent transfers and the IBAN (international bank account number) numbers for victims and money mules.

Kaspersky hasn't seen a sample of the actual malware that was on victims' computers. But data on the server indicated it is similar in functionality to the infamous Zeus banking malware.

The Luuuk malware collected the logins and passwords of victims and one-time passcodes. Since one-time passcodes typically expire in a few minutes, this type of banking malware will use the code to quickly log into the victim's account.

The attackers checked the victim's balance and then conducted several fraudulent transactions automatically, likely "in the background of a legitimate banking session," the company wrote.

There are other indicators that the group is still very active, Kaspersky wrote, although it did not give further details.