Trend Micro releases security roundup report

Trend Micro has released its second quarter security roundup report titled, “Turning the Tables on Cybercrime: Responding to Evolving Cybercrime Tactics.” The report highlights that the security attacks have intensified and has also increased against the financial and banking institutions as well as retail outlets. The total number of exposed attacks has been accounted to be more than 10 million till July 2014. It has been observed that the attacks involve theft of data such as customer names, passwords, email addresses, home addresses, phone numbers, and dates of birth. These types of personal privacy breaches have affected organization’s sales and earnings.

The report clearly indicates that till July 15, 2014, more than 400 data breach incidents have been reported, creating the need for organizations to identify and understand their core data in order to protect and build an effective defense strategy to keep them secure. Talking about the findings of the report, Myla V. Pilao, Director, TrendLabs said, “India posed for cybercriminal expansion with an average of 2.5 million malware detections in a month. Furthermore, 33% more malicious apps were downloaded, Network traffic from affected computers continued to rise and Government-issued site certificates for compromised Google domains. These and many such incidents show that cybercriminals will always adapt to new trends and situations whether in the use of new malware or targeted attacks techniques to continue their attacks”.

Speaking about the importance of security and how essential it is to keep the data safe and secure, Dhanya Thakkar, Managing Director, South East Asia & India, Trend Micro said, “It is essential for Indian businesses to treat information security as a principal constituent of business strategy as time and again it has emerged as one of the top countries witnessing cybercrime. The incidents observed during this quarter further establish the need for a more comprehensive approach to security. We as you security partner, we will ensure the availability of information on the prevalent malicious activities along with superior products to combat them.”

The report covers key areas like, professional security, severity and volume of attacks, cyber-attacks through online banking and mobile platform and many others.