Connect with us

TECHNOLOGY

Digital Dystopia: Kaspersky reveals possible realities of a world without cybersecurity

August 31, 2022 6:42 p.m.

Global firm’s 8th Cybersecurity Weekend imagines the answers to many what-ifs of the evolving technology world

Does the absence of cybersecurity equate to a safer world? Kaspersky’s elite security researcher invites us to think again.

To answer what of the many “What Ifs” of the technology industry, Vitaly Kamluk, Director of Global Research & Analysis Team (GReAT) for Asia Pacific (APAC) at Kaspersky deep dived into the alternate realities of a world free of cybersecurity companies, solutions, and services.

Kamluk, in his presentation for Kaspersky’s annual Cybersecurity Weekend attended by more than 30 top media from the region, revealed a possible digital dystopia once the industry of online defense is removed from the equation.

“It is projected that cybersecurity spending globally is set to balloon to $460 billion in the coming years, almost double the 2021 cumulative expenditures and almost as big as current total GDP (gross domestic product) of Thailand, for example. The current threat landscape can take this projection up a few notches if we are to consider the real situation worldwide. So, it is natural to ask why we are investing so much into cybersecurity and wouldn’t it be worth saving all this money for something else,” said Kamluk.

While it is possible, Kamluk enumerated the reasons why no one would choose to live in a world without cybersecurity:

  • No encryption, no privacy, no secrecy
  • No access control
  • No integrity validation

But removing the cyber defense industry opens up wide doors for criminals to exploit users’ data – from financial information, possible health issues, travel plans, spending, and more.

There will also be the possibility of fraudulent purchases, with everyone being able to claim one’s identity to purchase and even transfer money. Without access control, electronic voting and surveys can be rigged to someone’s favor. No one will have a private account online – there will be nothing private.

The absence of integrity validation also makes news and information untrustworthy, with fake news and disinformation expected to proliferate. You can’t trust any tech you use, any information you read. Basically, anything can be faked in a world without cybersecurity.

“I see a world without cybersecurity as a digital dystopia where no one can fully harness the opportunities brought about by the latest technologies that we have in our hands. Without companies and solutions working in the background to protect our data, our identity, the news we consume, and the applications and devices we use, we will be left on our own to wade through the risks and I am sure no one would choose to live in a chaotic world like this. Today, cybersecurity is often an invisible part of our life which we take for granted, but we owe it almost everything we have achieved as a civilization,” added Kamluk.

When it comes to risks, Kamluk also revealed in his presentation that Kaspersky from July 2021 to August 2022 alone, the global cybersecurity company has detected and blocked over 7.2 billion attacks by malicious objects including malware and malicious web content worldwide.

From August 2021 to July 2022, APAC appears to be a vulnerable region. One in every three (35%) detections of malicious objects detected by Kaspersky solutions globally were targeting users from the region. India, Japan, Vietnam, China, and Indonesia are the top five countries in terms of infection attempts.

As a global cybersecurity company and a top major contributor to detecting and foiling sophisticated attacks across the world, Kaspersky’s top executive also imagined a world without Kaspersky.

Chris Connell, Managing Director for Asia Pacific and Vice President for Global Sales and Network at Kaspersky, went back to the company’s beginning in 1997 when no one would have known that the world would be fighting one malware every hour without Kaspersky’s heuristic analysis technology.

In 2015, the world without Kaspersky would also not have learned of an unprecedented $1 bln cyber-robbery stolen in about two years from financial institutions worldwide by the Carbanak cybercriminal group. Together with INTERPOL, Europol, and authorities from different countries, Kaspersky uncovered the criminal plot behind the greatest heist of the century.

Free decryptors will also not be an advocacy of many without Kaspersky co-founding No More Ransom initiative, which since then grew from four partners to 188, contributing 136 decryption tools and helping over 1.5 million people worldwide decrypt their devices.

“In 2017, we kicked off an industry benchmark with the launch of Kaspersky’s Global Transparency Initiative, as part of which we became the first cybersecurity company to offer its source code for third-party review. Five years after and with 25 years of expertise on our sleeves, we are now a team of over 4,500 professionals, creating a cybersecurity ecosystem as well as developing its own operating and IT systems that are inherently secure to bring on a cyber-immune future. Because we know the world needs cybersecurity and we are ready to do our part to bring on a safer future for everyone,” said Connell.

TECHNOLOGY

Go beyond galaxy to witness real Magic on June 8

May 23, 2023, 5:42 p.m.

Launched at the Mobile World Congress 2023 earlier this year, the leading technology brand HONOR Philippines today dropped the release date of HONOR Magic5 Pro in the country.

As the latest iteration of the HONOR Magic Series line-up, the all-new HONOR Magic5 Pro boasts significant breakthroughs in design, display, photography and performance, beating several industry benchmarks to deliver the superb flagship smartphone on the market today.

Continuing the strong legacy of its flagship predecessors, the HONOR Magic5 Pro adopts enhanced hardware with discrete chipsets, and advanced technologies, combining the best software solutions to deliver a superior flagship that is a class apart.

To make a mark of its superb specs, HONOR linked up with the official Guinness World Records to snap a successful attempt at doing the highest between-the-legs slam dunk.  Poland’s Piotr Grabowski achieved the feat at a facility in London in January 2023, and HONOR was there with the upcoming HONOR Magic5 Pro flagship to capture it.

Right after its global release, the HONOR Magic5 Pro has seized the #1 position in the DXOMARK Smartphone Display ranking for the first quarter of 2023.  It is also highly recognized during MWC 2023, receiving awards from various tech authorities.

HONOR Magic5 Pro will be officially launched on June 8, 2023 and you can catch it live on HONOR Philippines’ Facebook Page (https://fb.me/e/T11UD2VR).

For more updates and announcements, you may visit HONOR’s website www.hihonor.com or social media platforms: Facebook (Facebook.com/HonorPhilippines), Instagram (Instagram.com/honorphilippines/) and TikTok: (Tiktok.com/@honorphilippines). To check out HONOR’s complete list of retail stores, go to https://www.hihonor.com/ph/retailers/.

Continue Reading

TECHNOLOGY

Selling your verified digital wallet? Think again

May 19, 2023 9:29 p.m.

THE recent spate of selling and even rental of verified digital wallets in the country should not be taken lightly. It is, in fact, alarming because its owners or account holders risk losing their identities with far-reaching consequences, according to cybersecurity and digital privacy company Kaspersky. 

Since 2022, the local media have been reporting various apprehensions by police authorities of individuals allegedly involved in buying and selling of verified digital wallet accounts. Registered SIM accounts with verified digital wallet accounts are currently being bought for P350 each. On social media, the rates even go as low as P150 per account. These are then sold for an average of P600-P800 each. 

This kind of transaction is a cybercrime offense under Philippine laws. If proven guilty, both seller and buyer are up for some jail time and penalties from P100,000 to P500,000. 

But what’s stored in a digital wallet? 

A digital wallet is usually loaded with personal details of its owner such as full name, date of birth, nationality, phone number, email address, and mailing address. Once verified by the digital wallet company as a legitimate account, all financial transactions can be performed within the digital wallet app. 

The transaction limit varies but the maximum amount that can be received or sent per account is as high as P500,000, bypassing the use of credit and debit cards that are regulated and normally require security checks. 

Mobile digital wallets are a popular alternative financial service among Filipinos. Unfortunately, some digital wallet users think that selling their account isn’t really a big issue. They believe their accounts are not tied to any bank accounts with a lot of funds so there is nothing to extort from them. And getting a new SIM is cheap and easy and verifying their digital wallet accounts is hassle-free. 

“We’ve witnessed how the Filipinos embraced the cashless lifestyle during the pandemic, out of necessity. The ease of access and convenience of digital wallets made everyone quite comfortable, with some now selling, renting out or even loaning their verified accounts. By doing so, cybercriminals do not need to put much effort into phishing anymore as Filipinos are practically giving away their personal data for a song, which is really dangerous,” says Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

“As sellers or lenders of their own digital wallet accounts, not only would they get into trouble with the law. Losing their identities is also very likely especially when their data gets into the hands of scammers. With enough information from you, scammers can already set up other financial accounts using your name and use your identity to benefit them. Possible scenarios would be getting harassed by a collection agent for a debt you’ve never owed. It could also mean losing out on job or education opportunities just because your name appeared with an unpleasant digital profile when searched,” adds Yeo. 

What other damage can data thieves do? 

By selling your verified digital wallet, you are essentially handing out your data to cybercriminals and helping them carry out their evil activities.

With your confidential information in their hands, data thieves can:

  1. Make purchases on your behalf
  2. Use your personal details in online gaming. Cybercriminals use stolen identities for doxing (publishing your home address and phone number online for profit, fun, or humiliation) and swatting (reporting a fake emergency to law enforcement agencies to come to your place to intimidate you) 
  3. Use your personal information in online gambling. Fraudsters create networks of thousands of synthetic accounts, normally using stolen personal data and credit card information to accumulate bonus points and redeem their “winnings”. This particular type of fraud is extremely common in online poker and blackjack, where the result can be manipulated through game strategy.  
  4. Add themselves or an alias they can control as an authorized user so it’s easier to use your credit. 
  5. Use and abuse your Social Security number. Scammers may be able to take out loans and claim benefits under your name. 
  6. You may be banned from using the services of your favorite digital wallet company if your name appears to have availed of its loan services and that you cannot pay. 
  7. Sell your information to others who will use it for malicious purposes. Buying and selling of stolen personal information is big business on the dark web, the non-visible Web that can be accessed only by a specialized browser where cybercriminals provide illegal services to one another. Back in 2018, data from Kaspersky showed that criminals can sell someone’s complete digital life in the dark web for less than $50 (or P2,761, today’s forex). In 2020, the cybersecurity company shared that personal identity details such as full name, date of birth, email and mobile can fetch from $0.5 to $10 each (or P27.62 to P552.33).

Is there still a way to save your stolen identity? 

Once you have handed over your SIM account with your personal data in it, it is not easy to undo it. Experts suggest replacing your email address and telephone address as well as changing all affected passwords in all of your social media and financial accounts. If you believe you have been victimized by identity fraud, you can lodge a complaint through the Cybercrime Investigation and Coordinating Center (CICC) here. 

How else to protect yourself from identity theft?

  1. Keep data to a “need-to-know” basis. If someone is asking for your personal information, ask why they need it and how they will use it. 
  2. Bank safely. Make sure that you log into financial websites using a secure connection all the time.
  3. Know who you’re dealing with. If you are requested for your personal or financial information, find out who they are, what company they represent, and the reason for the request. Contact the company to confirm before disclosing any of your personal data. 
  4. Secure the data in your device. Use a security software to maximize your online safety, whether you transact using your personal details on your laptop, PC or mobile phone. 

Continue Reading

TECHNOLOGY

Infinix incorporates Sound by JBL to bring high-quality audio to next level of smartphones

May 18, 2023 2:09 p.m.

Shanghai  – Infinix today announces its new collaboration with HARMAN’s legendary audio and technology brand, JBL, to bring Sound by JBL audio excellence to the next generation of their highly-regarded NOTE Series. At Infinix, the user experience is a top priority, and sound quality plays a fundamental role in that experience. Together with the 75-year legacy of acoustic quality and expertise that the brand is renowned for, the upcoming release of the NOTE Series will be enhanced by the Sound by JBL tuning along with the latest innovations from Infinix.

Users can look forward to an upgraded audio experience in the next generation of Infinix’s NOTE Series, thanks to this exciting new collaboration with JBL. Stay tuned for more information on the release date and features of the new series.

SoundbyJBL.jpg

“We’re incredibly excited about our collaboration with the JBL brand here at Infinix. Our hardware expertise combined with JBL’s acoustic technology means we can provide an enhanced audio experience to customers worldwide. With a device that delivers upgraded sound quality, we’re confident we’re in exceeding users’ expectations.” – Liang Zhang, Deputy General Manager at Infinix.

Integrated with JBL Tech

When building the NOTE Series, Infinix collaborated closely with JBL engineers to optimize the software system of their new generation NOTE Series. The software processing within the Note series was tuned to deliver JBL’s signature sound that ensures well-balanced mid-tones as well as rich bass, along with  high-quality and faithful sound reproduction.

Incorporating advanced audio processing engineered and perfected by JBL, the new Note Series with Sound by JBL will deliver enhanced audio with distortion-free volume, deeper bass and JBL’s signature sound that users will enjoy, especially when listening to music or watching videos. This technological breakthrough demonstrates Infinix and JBL’s commitment to providing innovative products with superior sound quality.

“The JBL brand is all about delivering the fullest sound experience, and we are therefore extremely proud to collaborate with the Infinix team to deliver superior audio through Sound by JBL. Rooted in a shared passion for sound, we know the Infinix team is committed to audio excellence in their mobile devices, and we will continue to work together bringing upgraded sound quality to more consumers as we look forward to deepening our cooperation with Infinix for more product development.” –  Roumu Hu, Vice President and General Manager, HARMAN Embedded Audio.

Comingsoon.jpg

Availability

Infinix intends to introduce this new technology in their upcoming phone models, starting with the next release of the NOTE series. The launch is scheduled for May, so customers can look forward to experiencing the enhanced sound quality of this innovative technology very soon.


Infinix Incorporates Sound by JBL to Bring
High-Quality Audio to the Next Level of Smartphones

Shanghai, May 17, 2023 – Infinix today announces its new collaboration with HARMAN’s legendary audio and technology brand, JBL, to bring Sound by JBL audio excellence to the next generation of their highly-regarded NOTE Series. At Infinix, the user experience is a top priority, and sound quality plays a fundamental role in that experience. Together with the 75-year legacy of acoustic quality and expertise that the brand is renowned for, the upcoming release of the NOTE Series will be enhanced by the Sound by JBL tuning along with the latest innovations from Infinix.

Users can look forward to an upgraded audio experience in the next generation of Infinix’s NOTE Series, thanks to this exciting new collaboration with JBL. Stay tuned for more information on the release date and features of the new series.

SoundbyJBL.jpg

“We’re incredibly excited about our collaboration with the JBL brand here at Infinix. Our hardware expertise combined with JBL’s acoustic technology means we can provide an enhanced audio experience to customers worldwide. With a device that delivers upgraded sound quality, we’re confident we’re in exceeding users’ expectations.” – Liang Zhang, Deputy General Manager at Infinix.

Integrated with JBL Tech

When building the NOTE Series, Infinix collaborated closely with JBL engineers to optimize the software system of their new generation NOTE Series. The software processing within the Note series was tuned to deliver JBL’s signature sound that ensures well-balanced mid-tones as well as rich bass, along with  high-quality and faithful sound reproduction.

Incorporating advanced audio processing engineered and perfected by JBL, the new Note Series with Sound by JBL will deliver enhanced audio with distortion-free volume, deeper bass and JBL’s signature sound that users will enjoy, especially when listening to music or watching videos. This technological breakthrough demonstrates Infinix and JBL’s commitment to providing innovative products with superior sound quality.

“The JBL brand is all about delivering the fullest sound experience, and we are therefore extremely proud to collaborate with the Infinix team to deliver superior audio through Sound by JBL. Rooted in a shared passion for sound, we know the Infinix team is committed to audio excellence in their mobile devices, and we will continue to work together bringing upgraded sound quality to more consumers as we look forward to deepening our cooperation with Infinix for more product development.” –  Roumu Hu, Vice President and General Manager, HARMAN Embedded Audio.

Comingsoon.jpg

Availability

Infinix intends to introduce this new technology in their upcoming phone models, starting with the next release of the NOTE series. The launch is scheduled for May, so customers can look forward to experiencing the enhanced sound quality of this innovative technology very soon.

Continue Reading