Financial Cyberattacks Rose 22.49 Percent Q4 2016

The number of users attacked with financial malware increased 22.49% in Q4 2016, says Kaspersky Lab. In the fourth quarter of 2016, the number of users that encountered malware capable of stealing money or valuable financial information reached 319,000, 22.49% more than in the same period in 2015.

This is according to a Kaspersky Lab cyber threats landscape report, which found there was an increase in the number of attacks spotted during the Black Friday, Cyber Monday and Christmas period last year.

At end of 2016, Kaspersky Lab researchers conducted a retrospective look at the cyber threats during the holiday period (October, November and December) in the past three years. The main conclusion of their analysis was that criminals are trying to tie their malicious campaigns to specific holiday dates.

Analysis of the holiday period in 2016 showed that last year's season wasn't the exception. Kaspersky Lab detected attacks against 22.49% more users than in the same period in 2015. This means that after a decrease in 2014, cybercriminals are again investing in developing malware capable of stealing financial data, such as credit card information and online banking credentials.

Oleg Kupreev, security expert at Kaspersky Lab, says data on the dynamics of attacks shows that financial malware operators tried to attach their activity to particular dates in 2016, and the holiday season's contribution to the number of financial malicious attacks during this time is clearly visible.

"Financial malware attacks are on the rise again and all their targets -- from owners and clients of e-shops, to credit card holders and banks -- should be aware of the dangers and take adequate steps to stay safe.

"As a holiday season follow-up protection measure, we advise shoppers who used their credit cards to buy presents and goods during last three months to keep an eye on their...

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