Kaspersky’s report shows web threats continue to gain momentum as the primary method of infecting Malaysians
22 February 2022 – The global cybersecurity company reveals the latest trend of web threats in Malaysia over the past five years. The data gathered from 2017 till 2021 presented an exponential growth in web. From just over 16 million detections, it is up at more than 61 million last year or a whopping three-digit climb (267%).
Based on Kaspersky’s data, there was a dip in terms of web threats detections in 2019, before climbing to 33% in 2020 and another additional 26% in 2021.
Overall, Kaspersky products have blocked more than 61 million Internet-borne malware against Kaspersky users in Malaysia last year. This is over 12 million more than the detections in 2020.
Web threats are attacks done via browsers to spread malicious programs. The cybercriminals use two methods to penetrate systems – exploiting vulnerabilities in browsers and the plugins or drive-by download, and social engineering, which requires the user participation, that the cybercriminals make the victims believing that they are downloading a legitimate program.
Table: Cyberthreat Trends 2017 – 2021
In terms of local threats, the decline has been consistent during the five-year period. More than 82 million local malware were detected and blocked by Kaspersky in 2017. Last year, it is down at just almost 36 million.
Local threats are malware infections spread through removable USB drives, CDs and DVDs, and other offline methods. With the pandemic entering its third year, shift to online has closed offices and schools which may have contributed to the steady decline of this type of attack.
“The WannaCry encryption malware was a real threat for enterprises in 2018. In 2019, our researchers saw growing web skimmers with the cybercriminals shifting their focus on gaining clear profits from their victims. The dip in number of web threats in 2019 suggests that the public was becoming more aware of the threats and are using security solutions to fend them off. Cybercriminals struck again in 2020 triggered by the pandemic and we continue to witness the rise of ransomware and high-profile data breaches up to this day,” says Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.
Based on statistics from the Commercial Crime Investigation Department at Royal Malaysia Police, Malaysian suffered losses amounting to about RM2.23billion on cybercrime frauds since 2017.
“Amidst this rise and fall in web and local threats, we can see that the number of scams and breaches are increasing year after year. And it’s interesting because attackers are now resorting to non-technology focused attacks, exploiting human vulnerabilities, involving all sorts of scams through SMS, automated phone calls, popular messengers, social network and others. This require vigilance from users, from companies, and from government bodies and regulators to ensure that we are building a safer cyberspace as we progress technologically,” adds Yeo.
For companies still observing remote work, Kaspersky experts have the following tips to help employers and businesses continue to stay on top of any potential IT security issues and remain productive:
For users, here are the top online security tips for to ensure you can play your part in cyber-vigilance:
Ensure you download an anti-malware app. Products like Kaspersky Internet Security for Android can protect against malicious apps, as well as SMS phishing links themselves