“As we harness the power of technology and the internet, we urge everyone to strengthen their online locks regularly," Yeo advised. Hence, it is expected that cybercriminals would be very interested to take over our virtual accounts brimming with financial and confidential data,” he warned. "We are now 400-million-strong online consumers, a number predicted to happen not until 2025. At the same time, the region is witnessing a massive digital shift at a breakneck speed," explained Yeo Siang Tiong, General Manager for Southeast Asia. “It is known that Southeast Asia homes the most active social media users in the world. Singapore registered the highest increase at 79% followed by Malaysia at 61%. While Indonesia and Thailand registered a slight decrease, the remaining four SEA countries logged an uptick on password stealers detections. Overall, Kaspersky solutions have blocked 776,684 Trojans designed to steal accounts in Q1 2021, 155,942 more incidents compared with last year’s 620,742.
In essence, it is similar to a banking Trojan, but instead of intercepting or substituting entered data, it usually steals information already stored on the computer: usernames and passwords saved in the browser, cookies, and other files that happen to be on the hard drive of the infected device. Password stealers are a type of malware that pilfers account information. In the Philippines alone, Kaspersky detected more than 10,000 additional passport theft, pushing the total to 55,597 versus 45,373 in the same period last year. Global cybersecurity firm Kaspersky today reported that password stealers targeting Southeast Asian users increased 25 per cent in the first quarter of 2021.
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