Connect with us

NEWS

Cybercriminals forego low-hanging fruit to go after banking, gaming

February 25, 2022 3:20 p.m.

IN 2021, Kaspersky saw a steady decline in attacks on mobile devices, while cybercriminals consolidated their efforts to focus on more dangerous (and profitable) threats instead.

New mobile malware has become increasingly complex, featuring new ways to steal users’ banking and gaming credentials, as well as other strands of personal data. 

In 2021 Kaspersky detected more than 95,000 new mobile banking Trojans, but the number of attacks using such malware remained similar.

Additionally, the share of Trojans – malicious programs capable of executing remote commands – doubled, reaching 8.8% in 2021. These and other findings are featured in Kaspersky’s Mobile Threats in 2021 report.

Kaspersky’s annual analysis of mobile threats demonstrated a positive trend – the number of attacks on mobile users worldwide has been declining, hitting 46 million in 2021 compared to 63 million in 2020. Experts attribute this development, in part, to the wave of attacks seen at the beginning of lockdown as users were forced to work from home.

That period also saw increased use of various video conferencing and entertainment apps, increasing the volume and spread of attack opportunities. Now that the situation has stabilized, cybercriminal activity declined as a result.

Still, Kaspersky experts believe it is too early to relax. In 2021, 3.5 million malicious installation packages were detected, leading to 46.2 million attacks worldwide.

Moreover, 80% of attacks were carried out by malware rather than adware (software that intrusively displays ads), or RiskTools (malicious programs with various functions such as concealing themselves from the screen). 

“Indeed, there have been fewer mobile attacks in general, however, the attacks we are still seeing have become more complex and harder to spot. Cybercriminals tend to mask malicious apps under the guise of legitimate applications, which can often be downloaded from official app stores. On top of that, with mobile banking and payment apps becoming even more widespread, there is a higher chance of cybercriminals targeting these more actively. Staying cautious and careful on the internet and avoiding downloading unknown apps is good practice, but I also strongly recommend using a reliable solution. When it comes to the security of finances, in particular, it is better to be safe than sorry,” comments Tatyana Shishkova, security researcher at Kaspersky.

To protect yourself from mobile threats, Kaspersky shares the following recommendations:

It is safer to download your apps only from official stores like Apple App Store, Google Play, or Amazon Appstore. Apps from these markets are not 100% failsafe, but at least they get checked by shop representatives and there is some filtration system — not every app can get onto these stores.

Check the permissions of apps that you use and think carefully before permitting an app, especially when it comes to high-risk permissions such as Accessibility Services. The only permission that a flashlight app needs is to the flashlight (which doesn’t even involve camera access).
A reliable security solution can help you to detect malicious apps and adware before they start behaving badly on your device.

iPhone users have some privacy controls provided by Apple, and users can block app access to photos, contacts, and GPS features if they think these permissions are unnecessary.

A good piece of advice is to update your operating system and important apps as updates become available. Many safety issues can be solved by installing updated versions of software.

NEWS

SM Prime explores potential partnership with Japanese firm for waste-to-fuel solutions

September 25, 2023 12:39 p.m.

Shown here are (from left) SM Supermalls Vice President Liza Silerio, SM Prime Chairman of the Executive Committee Hans T. Sy, GUUN Chief Executive Officer Shinji Fujieda, GUUN Philippine Branch Senior Managing Director and General Manager Takeshi Konishi

Leading real estate developer in Southeast Asia, SM Prime Holdings, Inc. (SM Prime) recently signed a memorandum of understanding with Japan’s GUUN Co. Ltd. to explore a potential partnership to implement waste management solutions by recycling waste paper and plastics as an alternative source of energy called ‘fluff fuel’.

Fluff Fuels are one type of RDF (Refuse Derived Fuel) which are produced from shredded and compressed plastics, papers, and fibers. These are used as fuels in cement manufacturing, paper mill companies, or power companies in Japan.

SM Prime Chairman of the Executive Committee Hans T. Sy is positive that a partnership with GUUN will contribute to the waste reduction goals of the country. “Today, Japan’s waste management and recycling technology is among the most advanced in the world,” he said. “There is no better partner for SM because we do not just talk about being big, we make sure we do it; we do not talk about being environment friendly but we do take bold steps to save the environment. I am looking forward to growing with GUUN as among leaders in solving environmental issues in the Philippines.”

GUUN Co., Ltd., founded in March 2001 and headquartered in Yokohama City, Japan, piloted the production of fluff fuel from plastic waste in Inayawan, Cebu in 2014 and recently inaugurated its P200-million, 2,400-square meter waste recycling plant in Tayud, Consolacion, Cebu.

Since then, Japan’s Ministry of the Environment has adopted GUUN’s waste-to-fuel technology as a model for advanced low-carbon technology innovation for further deployment in developing countries.

“This will be a milestone partnership for us,” GUNN Chief Executive Officer Shinji Fujieda said after the signing ceremony. “I understand very much how important waste management is for SM and for the Philippines and we look forward to more projects we can do with the properties of SM Prime.”

SM Prime’s initiatives for waste management include waste reduction and effective waste collection and segregation. Over the years, it has implemented programs such as Trash to Cash, Plastic Waste Collection, and E-Waste Collection that have contributed to reducing the total solid waste generation across its real estate portfolio.

Through its pioneering Trash to Cash recycling market, SM Prime has collected and recycled 1.4M kg of plastics, paper, metals, and others in 2022. “We have saved 16,766 trees from the 986,222 kg of paper recycled,” SM Prime disclosed in its 2022 Integrated Report to shareholders.

Meanwhile, SM’s Plastic Waste Collection program, a partnership with the Plastic Credit Exchange that was launched in February 2021, has accumulated 42,541kg of plastic waste from 14 mall sites. Also present in all its 83 SM Supermalls is the E-Waste Collection program for the responsible disposal of WEEE (Waste from Electrical and Electronic Equipment). This drive has helped process close to 7,000 kilograms of e-waste. (ENDS)

Continue Reading

NEWS

Satisfy your cravings with these best-selling Nanyang drinks

September 15, 2023 3:30 p.m.

Nanyang isn’t only known for its Laksa Prawn, Cheesy Chicken Chop Noodles and Singapore’s best selling Hainanese Chicken Rice and Kopi.

It also has several best-selling drinks to whet your appetite and satisfy your sweet tooth, such as Iced Teh Melaka, Kopi Jelly Milk Tea, Milo Dinosaur and Kopi O.

Head over to your nearest Nanyang branches nationwide.

Continue Reading

NEWS

USA back on top; Germany takes Top 3 spot in FIBA World Ranking

September 15, 2023 1:28 p.m.

MIES (Switzerland) – The recent completion of the prestigious FIBA Basketball World Cup 2023 has produced some eye-catching positive climbs in the latest FIBA World Ranking Men, presented by Nike.

USA reclaim pole position with 786.6 points after benefiting from their consistency at major tournaments over the last three summers. Finishing in fourth place at the FIBA Basketball World Cup where they outperformed former number one nation Spain, their run to the Semi-Finals came off the back of winning an Olympic title at Tokyo in 2021 and also taking bronze at the FIBA AmeriCup 2022. 

Recently crowned FIBA Basketball World Cup 2023 champions Germany have another slice of history to enjoy as they step into the top three of the rankings for the very first time after moving up a massive eight places and onto 759.7 points. Their stunning success made all the more incredible because of the fact they made the journey to the top step of the podium without tasting defeat. 

Canada also have another reason to celebrate too, with their maiden FIBA Basketball World Cup medal fueling an even bigger rise of nine spots. They now occupy sixth position with 745.5 points. 

Serbia performed in outstanding fashion to make the title game and their second-placed finish gave their fans something to be proud of. Those supporters can also now enjoy and reflect on their country being a top five nation again as they move up a place and into fifth position on 755.6 points.

Meanwhile, when it comes to the scale and impact of climbing the rankings in the upper echelon, nobody can match Latvia. They have rocketed up a staggering 22 places and into the top 10 after their heroic underdog displays which ensured they took fifth place at the FIBA Basketball World Cup. They now sit in 8th position on 743.7 points.

There were many other teams who impressed at the flagship event, including Brazil who recorded three wins in five games and moves up a place into 12th in the rankings on 660.5 points. The Americas region can also boast a nice move upwards of five places into 16th for Puerto Rico on 611.1 points, while Dominican Republic rise six spots into 18th place on 561.9 points.

There were also notable improvements for Georgia who move up 10 positions and into 23rd on 465.9 points, Japan jump 11 spots to 26th on 432.2 points and Lebanon claim an uplift of 16 places into 28th on 423.3.

One nation that truly made everyone sit up and take notice at the FIBA Basketball World Cup 2023 were first-timers South Sudan. They made history by beating China to claim a first win at the event, then pushing on to beat the Philippines and Angola. This has resulted in a sensational climb of 32 spots in the rankings. They now find themselves in 31st place with 375.5 points.

For more information about the method used in the calculation of the FIBA World Ranking Men, please refer to the “How It Works” section.

Click here to view the full FIBA World Ranking Men, presented by Nike.

Continue Reading