Connect with us

TECHNOLOGY

Every 2 in 3 Southeast Asia businesses are ransomware victims, Kaspersky study finds 

August 16, 2022 5:39 p.m.

Ever since the infamous Wannacry attack, ransomware has become something of a buzzword within the corporate world, with large attacks on enterprises appearing in headlines month after month.

Businesses in Southeast Asia (SEA) are well within the radar of these cybercriminals with three in five (67%) confirming that they have been victims, according to the latest research by Kaspersky.

Global cybersecurity company, Kaspersky, surveyed 900 respondents across North America, South America, Africa, Russia, Europe, and Asia-Pacific, 100 of which were from SEA. Conducted in April 2022, the research titled “How business executives perceive ransomware threat” gathered the answers from those in senior non-IT management (such as CEOs, VP, and Director level) and business owners or partners at companies with 50-1000 employees.

Half of those (34%) who have admitted having their data maliciously encrypted by cybercriminals experienced ransomware attacks not once but several times. The remaining respondents (33%) said they have experienced such incidents one-time only.

 The most common denominator among ransomware victims in the region is that almost all paid the ransom (82.1%). In fact, 47.8% of the surveyed executives confessed that they paid the ransom as soon as possible for immediate access to their business data, two digits higher than the global average of 38.1%.

Almost a quarter (23.9%) did try to get their data back through back-ups or decryption but failed and paid ransom within two days while 10.4% took a week of effort before paying up.

 When the ransomware victims were asked of the steps they will conduct should they face the same incident, majority (77%) of the business leaders in SEA confirmed that they will still pay the ransom showing a worrying tendency for companies that have already been a victim of ransomware to pay up, encouraging cybercriminals to continue their attacks.

“It is concerning to see that only 17.9% of businesses here in SEA victimized by ransomware did not budge on the cybercriminals’ demands. We stand firm that paying the ransom should not be a knee jerk reaction for enterprises. But, with more than half (67%) of those we surveyed admitting that their organizations would not survive without business data if attacked, we understand the urgency and the desperation to get their data back as soon as possible, by all means,” comments Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky. 

Kaspersky’s study also revealed a key puzzle piece – that the majority (94%) of enterprises in SEA will seek external help if attacked by ransomware. This is a tad higher than the global rate at 89.9%.

Almost a quarter (20%) of which will contact the law enforcement, while 29% will reach out to a third party cybersecurity incident investigation and response service provider like Kaspersky. The remaining percent will contact both of these external organizations to know how to respond to a ransomware attack.

“With only 5% of enterprise leaders confirming that they have internal incident response capabilities or they have the regular IT team or service provider to figure out a ransomware attack, it is clear that our enterprises here in SEA need help. We advocate for cross-border and public-and-private cooperation that will help governments and companies to combat threats like ransomware. However, such is not the only answer. Enterprises here should really look into acting on concrete steps to upskill or even to build their own security defense team with intelligence-led incident detection and response capabilities,” adds Yeo.

Global cybersecurity company Kaspersky co-founded the global project called “No More Ransom Initiative” which has grown from four partners to 188 and has contributed 136 decryption tools covering 165 ransomware families.

Since its launch in 2016, it has helped more than 1.5 million people decrypt their devices all over the world. Nearly 30,000 ransomware victims from July last year to June end of 2022 in SEA were also able to retrieve their data through this project.

The project is done by Kaspersky along with the National High Tech Crime Unit of the Dutch National Police, Europol’s European Cybercrime Center, and other partners.

Kaspersky, however, puts emphasis on preventing a ransomware attack. The global cybersecurity company encourages businesses to follow these simple and effective recommendations to help protect their organizations against this threat:

  • Always keep up-to-date copies of your files so you can replace them in case they are lost (e.g. due to malware or a broken device). These should be stored not only on a physical device but also in cloud storage for greater reliability. Make sure you can quickly access your backups in the event of an emergency.
  • Install all security updates as soon as they become available. Always update your operating system and software to eliminate recent vulnerabilities.
  • Provide security education to your staff. Explain that by following simple rules, employees can help prevent ransomware incidents. Check out dedicated training courses, such as the ones provided in the Kaspersky Automated Security Awareness Platform.
  • Enable ransomware protection for all endpoints. There is a free Kaspersky Anti-Ransomware Tool for Business that shields computers and servers from ransomware and other types of malware, prevents exploits and is compatible with already installed security solutions.
  • Enterprise companies are recommended to use anti-APT and EDR solutions, enabling capabilities for advanced threat discovery and detection, investigation and timely remediation of incidents, as well as to have access to the latest threat intelligence. An MDR provider could help to effectively hunt any advanced ransomware attack. All of the above is available within Kaspersky Expert Security.

If you become a victim, never pay the ransom. It won’t guarantee you get your data back but will encourage criminals to continue their business. Instead, report the incident to your local law enforcement agency and get help from incident response experts such as Kaspersky.

Companies can also try to find a decryptor on the internet – some of these are available at https://www.nomoreransom.org/en/index.html

TECHNOLOGY

Paving the way for young security innovators: Kaspersky’s open call for Secur’IT Cup ’22

September 26, 2022 3:04 p.m.

Kaspersky announces an open call for Secur’IT Cup ’22 – the international competition for talented motivated students, and young researchers seeking to change the world of technology by enhancing its security.

With the increasing penetration of digital technology into our lives, the question of how to make them serve our needs without putting our privacy and data at risk remains. In the same way technology rapidly develops, the cybersecurity industry needs to keep pace by offering valid solutions to deal with security challenges.

For the fifth year, Kaspersky is launching its international Secur’IT Cup ’22. Our goal is to support young talent, enabling them to bring innovation to the world of cybersecurity and to turn bright ideas into real solutions that could help solve issues in its landscape.

This year, the contest offers three key areas requiring new solutions:

  • Mobile secure – develop a mobile and smart-watch security project to help people around the world protect their privacy and personal data from mobile attacks and cybercrimes.
  • Router security – offer new security solutions to protect the “brain” of the IoT, which manages entire networks of devices either for large industrial plants or at home.
  • Chess anti-cheating – provide players of a popular chess game with proper detection to protect them from unfair playing.

Kaspersky has been continuously supporting chess development, including its further advancement in the digital space and its expansion to online tournaments.

In addition, this year company has a special category: Family Care, with dedicated sections covering different security aspects: 

  • The “Elderly Care” section: security projects that can be related to internet security, a health tracker and any other relevant issues for the elderly.
  • The “Pet Care” section: for security projects related to both domestic and homeless pets, related to their safety, health, care and other aspects.
  • The “Finance for family” section: for security projects on financial planning, a cost tracker or any other aspects related to the control of finances for the whole family or for some family members.

“This year marks the 5th anniversary of the Secur’IT cup that, we can say for sure, has reached its adulthood, and our team is very proud of the project that has already united more 6,000 participants!

A substantial innovation we’ve initiated last year -and continue in 2022- is to add socially responsible categories to our scope. We think it really is important not only to look for solutions for technological issues in cybersecurity, but also to contribute to building awareness of how cybersecurity solutions may influence the lives of vulnerable groups of people. We hope to keep up this pace in future! And wish all our participants creativity, innovative thinking and to make the best out of their experience as they engage in our competition,” says Evgeniya Russkikh, Academic Affairs Group Manager at Kaspersky Academy.

Online registration for the competition closes on 7th November 2022. After that, participants will have two weeks more, until 20th November 2022, to submit a detailed project description or research abstract, and project prototype. An expert jury consisting of industry experts and a Kaspersky team will consider all the projects and select a shortlist for the final. Entrants can participate individually or in teams. In addition, the Kaspersky Academy will organize a series of local events in Asia Pacific, Russia and CIS, and META region to help students get involved in the global competition easily. Dates for these events to be announced later.

The final event will take place online on 14th December 2022 and the winner will be awarded $10,000. Second place winners will receive cover of the professional certification of their choice (i.e. CISSP, CISA, CISM, etc.). Those in third place will be given the opportunity to attend a professional course of their choice on one of the global MOOC-platforms.

Detailed information about the application procedure and deadlines for Secur’IT Cup ’22 can be found on the competition’s official website.

Continue Reading

TECHNOLOGY

WIKO launches dew digital series WIKO 10

September 25, 2022 7:21 p.m.

Unleashing your full potential with the WIKO 10, the smartphone for modern entertainment. WIKO is a French-origin brand that strives to shape the future of entertainment through the amalgamation of aesthetic design and technology.

WIKO 10 aims to bring a smooth user experience with distinctive features and elegant designs to customers all over the world, together with the launch of WIKO Buds 10, providing users with a seamless music journey with its advanced Bluetooth 5.2 technology and up to 30 hours of playback time with a charging case. 

The WIKO 10 is the inaugural smartphone of WIKO’s new digital series. Representing the fusion of aesthetic design and advanced technology, WIKO 10 offers a novel experience with its impeccable design that speaks French elegance in the language of technology and serves as the modern-day accessory for the Generation Z digital natives.

Customers can enjoy using the WIKO 10 with its top features including a 6.74-inch large screen and 90.69% screen-to-body ratio for immersive video viewing, a 5000mAh battery with 22.5W WIKO SuperCharge and reverse charging supporting intensive usage throughout the day, a 128GB large storage to store everything on the phone, and 50MP Triple AI camera with versatile camera functions that was catered for recording beautiful moments in life. It is a highly functional device, meanwhile a masterpiece bewitching to the eyes.

WIKO 10 is specifically created for young users who are stylish, trendy, tech-savvy, and passionate about expressing their individuality. It offers them a flawless experience with a fresh and elegant design that reflects the latest trends among Generation Z and accessorizes their everyday look with style. With the one-of-a-kind designs that reflect the latest trend among younger generations and their predilection for the individuality of product appearance, WIKO 10 reinvigorates the design with unique personality.

WIKO wants to make smartphones à la mode accessible to all. Our users worldwide tell us that they love the French aesthetics conveyed by our products, and these phones help to showcase their favor in simplicity, elegance, freedom and enthusiasm.

Distinctive Finishes with Iconic Colors

WIKO 10 has three options of stunning finishes: Klein Blue, Silver and Black.The iconic Klein Blue creates a stark visual contrast with the environment, showcasing the personal style and individuality of its owner. The alluring Silver resembles ashen hues of classic European architecture like the Eiffel Tower and the Louvre, where Black is a ray of bright light which disrupts the tranquil yet mystique pitch-black night, colliding decorative art with architectural structures. WIKO 10 is all you need to garner the attention of the crowd.

Photo of WIKO 10 in iconic Klein Blue, Silver and Black

Impressive Visual Display with Refined Designs

WIKO 10 is a fabulous smartphone designed for immersive entertainment experiences and incredible visual enjoyment brought by its 6.74-inch 20:9 large full-screen LCD. The incredible 90.69% screen-to-body ratio is exceptionally competitive compared to other smartphones at the same price level. It also supports 16.7 million colors and a resolution of 720*1600, while the pixel density can reach 260PPI.

Aside from its mesmerizing colors, WIKO 10 features a 6-layer optical texture design. By virtue of the emergency of the fuselage materials, not only does it enlarge the reflective surface of a crystal and heighten its brilliance, but it also ensures a fingerprint-proof and dirt-proof surface with its strong hydrophobic capability. As for the thickness, WIKO attempts to visually lessen the width of the phone with a light and matte integrated surface of the middle frame. It also combines the fingerprint sensor and power switch, which is an optimum choice of design, both functionally and aesthetically.

The embedded rear cameras are typically destructive of the aesthetics of a traditional smartphone design, yet it asserts character and individuality at the same time. WIKO 10 innovates on its original design, resulting in a complex yet sleek aesthetic that represents a more vivid individuality expression.

Versatile camera to capture the best moments

With WIKO 10’s 50 MP Triple AI Camera, users can capture portraits which equate with high-quality studio pictures with a mere tap of their finger. To begin with, the 50MP Triple AI camera can bring you fine details with its 50 MP resolution, f/1.8 aperture, 1/2.76-inch JN1 sensor that has a unit pixel area of 0.64μm. Photos of high color fidelity and resolution are guaranteed. The Smart HDR feature with its fusion of double exposures brings you a well-balanced photo in detail even in backlighting environments. Moreover, users can take bokeh portraits based on the 5-layer imaging optimization algorithm. For fashionistas and selfie addicts, WIKO 10 has an 8MP high-definition f/2.0 front camera, its natural beauty algorithm allows them to confidently take beautiful selfies.

Top-tier Battery and Storage Performance

One of the most attractive features of WIKO 10 is the 22.5W WIKO SuperCharge. After charging for 10 minutes, users are able to watch videos for two hours. Besides its fast-charging ability and large battery capacity, WIKO 10 also supports wireless reverse-charging for other devices. A quick 10-min reverse-charging can cover 40% of a headset or 25% of a sports bracelet’s full power, which only takes up 1-2% power cost of WIKO 10.

Moreover, WIKO 10 provides users with the most carefree experience ever, a multi-stage overheating current control mechanism is incorporated, so gamers will no longer fret about overheating pauses after a whole day of usage. Together with a large and sustainable 5000mAh battery as well as a storage space of 128GB and 4GB RAM, it guarantees a long-lasting phone running from morning till night and more virtual memory, faster loading speeds and minimum lagging.

Updated OS, For an Updated Experience

Android 12 delivers an even more personal, effortless, and safer experience for your device. Featuring a comprehensively reimagined UI that can be personalized to your liking, as well as new privacy features designed to grant you total safety without taking control away from your hands

WIKO Buds 10 – endless music journey

Alongside the launch of WIKO 10 smartphone, WIKO is also presenting WIKO Buds 10, a set of earbuds with advanced Bluetooth 5.2 technology powered by BES to ensure instant and stable connectivity, capable of producing stereo and deep bass loud sound. Offering a maximum operating time of 6 hours from a single charge and up to 30 hours with the charging case, WIKO Buds 10 allows users to enjoy an endless music journey. Users can now surround themselves with flowing melodies and dive into the world of music without noises. Embracing positive vibes brought by your favourite songs in daily life with WIKO Buds 10.

In an innovative upgrade, WIKO Buds 10 has adapted the 12 mm dynamic driver, allowing for the delivery of high-quality audio with a clear separation between vocal and instrument, while still upholding a design geared towards users’ comfort. A combination of dual mics for voice capturing and ENC noise cancelling algorithm support also effectively filters out noises from the surrounding, granting a crystal-clear voice chat and calling experience. Beyond all, being designed for exercising and entertainment, WIKO Buds 10 possesses both high durability and IPX4 water resistance protects from splashing water, and still only weighs 4.2g.

WIKO Buds 10

Price and Availability

WIKO 10 will be available from September 25, 2022 for P8,990 at Shopee, Lazada, and authorized WIKO stores and kiosks.

WIKO Buds 10 will be available from September 25, 2022 for P1,499 at Shopee, Lazada, and authorized WIKO stores and kiosks.

See full pricing and availability below:

For more information, please visit:https://world.wikomobile.com/

Continue Reading

TECHNOLOGY

Infinix’ 5G capable gaming smartphone will be launched soon in PH

September 20, 2022 5:46 p.m.

Filipinos who want to experience the mind-blowing speeds of 5G internet, especially in their online gaming, won’t have to look far for an affordable option now—Infinix is set to launch the NOTE 12 PRO 5G in the Philippines this September 25.

With the NOTE 12 PRO 5G, an upgrade to the highly popular NOTE 12, the hot emerging smartphone brand looks to take gaming to peak performance in the Philippines by packing the device with #5GSmoothGameplay connectivity thanks to its 6nm 5G processor. 

The capability for blazing-fast mobile internet adds to an already impressive feature list, which includes its 13GB SUPER RAM that superbly handles any game or app, 108MP rear camera for crisp images and video, an AMOLED FHD display for stunning and dazzling visuals onscreen, a 5000mAh battery and 33W fast charge for all-day performance, and a Monster Game Kit for the full mobile gaming experience.

The NOTE 12 PRO 5G will be available nationwide on September 26, with an exclusive Lazada sale from September 27 to 29 where it will retail at a special promo price.

Grab your own NOTE 12 PRO 5G later this month on the official Infinix kiosk and concept store nationwide, LazadaShopee, and TikTok Shop, and see what peak gaming performance with 5G feels like! For more updates and info on the NOTE 12 PRO 5G, follow Infinix’s Facebook Page and website!

Continue Reading