CYBERATTACKS

29% of Kenyan corporate users experienced financial malware in 2021

Percentage is out of 7,962 attacks recorded in the country.

In Summary

• Kaspersky in a statement on Wednesday said the number was a decrease from the first half of 2020.

• Enterprise Sales Manager at Kaspersky in Africa Bethwel Opil said the percentage is out of 7, 962 attacks recorded in the country.

Most users do not understand the risks of falling into the hands of hackers.
Most users do not understand the risks of falling into the hands of hackers.
Image: COURTESY

The overall number of financial malware attacks on corporate users in Kenya has hit 29.3 per cent.

Kaspersky in a statement on Wednesday said the number was a decrease from the first half of 2020.

Enterprise Sales Manager at Kaspersky in Africa Bethwel Opil said the percentage is out of 7, 962 attacks recorded in the country.

“We have continued to witness cybercriminals exploiting the situation however they can. When looking at such statistics, we believe it is evident that cybercriminals are more commonly targeting unsuspecting corporate users,” Opil said.

Opil said organisations in Kenya have become susceptible to financial malware as more employees work outside the relative safety of the corporate network.

"The normalisation of a distributed workforce makes ensuring the protection of the personal endpoint devices of people, who need to access back-end systems to continue performing their job functions, that much more critical," he said.

He said cybersecurity training of employees remains a key component to defend against the growing scourge of financial malware that uses phishing techniques to target individual users.

“It is especially financial phishing that has become one of the most popular tools used by cybercriminals to make money. It does not require much investment or technical expertise from a hacker and can be propagated quickly. In most cases, successful scammers win access either to the victim’s money or data that can be sold or otherwise monetised," he said.

He said beyond the fundamental cybersecurity solutions and training, companies must also consider using the likes of anti-advanced persistent threat and endpoint detection and response technologies to further shore up the defensive posture of their network environment.

“With the landscape unlikely to change for the foreseeable future, it is best to combine sophisticated cybersecurity solutions with continuously evolving training to keep employees apprised of the latest threats especially when it comes to financial malware,” he said.

Kaspersky security solutions has reported 28 million malware attacks in 2020 and 102 million detections of potentially unwanted programs (pornware, adware among others).

These numbers show that it is not only the malware that attacks users but also the “grey zone” programs that grow in popularity and disturb their experiences, while users might not even know it is there.

Potentially Unwanted Applications (PUAs) are programs that are usually not considered to be malicious by themselves.

Edited by D Tarus

WATCH: The latest videos from the Star