Each year thousands of Internet users become victims of a cybercrime that leaves them out of pocket. Research from Kaspersky Lab reveals that over half (52%) of Internet users who’ve lost money at the hands of cybercriminals have only got some, or none, of their stolen funds back.

 

With the variety and sophistication of online financial threats against consumers growing, losses from online fraud, identity theft and hacking are now running at billions a year. And with many cases going unreported, the true economic cost is likely to be significantly higher.

 

The research reveals how costly these attacks are for Internet users, and how lucrative they’ve become for cybercriminals. On average, Internet users lose $476 per attack and one-in-ten people surveyed said they lost more than $5,000.

 

A large majority of Internet users say they conduct financial operations online (81%) and just under half (44%) store financial data on their connected devices.

 

As more users go online to manage their finances, more cybercriminals are looking for opportunities to cash in, making it important for users to have robust Internet security in place to protect themselves and their money. Nevertheless, only 60% of Internet users protect all their devices.

 

Attitudes to online safety could be influenced by users mistakenly thinking lost money will be automatically refunded to them.

 

Almost half (45%) say that they assume they will be reimbursed by banks for financial cybercrime without any problems, but as the survey shows, over half (52%) of people affected haven’t had all their stolen money returned.

 

“Cybercriminals are continually looking for new ways to exploit and defraud consumers and that’s why it’s important for Internet users to be on their guard at all times,” says Vyacheslav Zakorzhevsky, Head of the Anti-Malware Research Team at Kaspersky Lab.“Cybercriminals can conduct financial crimes via malware, phishing and more. Don’t assume you will always get all your money back if you become a target and funds are stolen from you. The best way to safeguard your finances online is to make sure you don’t become a victim, and for that we recommend specialist software that protects your identity and keeps sensitive data out of the hands of the cybercriminals.”

 

Kaspersky Safe Money, one of key features of Kaspersky Lab home products, such as Kaspersky Total Security, is a financial security suite of technologies, designed to protect the online financial operations of users with three core principles — trusted site, trusted connection and trusted environment. This solution’s ability to effectively protect users against financial threats has been approved by many independent researchers.

 


RECOMMENDED ARTICLE FOR TECHWORLD


 
Lian Li Announces Upcoming Line-Up Showcase for COMPUTEX 2018
Techworld Date Posted: 28 May 2018 1:50 PM | 154 Views
Lian Li Industrial Co. Ltd., world’s leading manufacturer of aluminum chassis for enthusiasts, custom OEM/ODM case solutions and case accessories is excited to invite everyone to Lian Li’s product showcase during COMPUTEX 2018 at.... See More
 
Lian Li Announces Upcoming Line-Up Showcase for COMPUTEX 2018
Techworld Date Posted: 1:50 PM | 154 Views
Lian Li Industrial Co. Ltd., world’s leading manufacturer of aluminum chassis for enthusiasts, custom OEM/ODM case solutions and case accessories is excited to invite everyone to Lian Li’s product showcase during COMPUTEX 2018 at...See More

 
Businesses Most at Risk from New Breed of Ransomware
Techworld Date Posted: 20 September 2017 9:35 AM | 299 Views
While ransomware has long been one of the main cyber threats to businesses, the past number of months have seen organizations more exposed than ever.Symantec's latest research paper on ransomwarehas found that businesses were.... See More
 
Businesses Most at Risk from New Breed of Ransomware
Techworld Date Posted: 9:35 AM | 299 Views
While ransomware has long been one of the main cyber threats to businesses, the past number of months have seen organizations more exposed than ever.Symantec's latest research paper on ransomwarehas found that businesses were...See More

 
Youth Congress for IT Harnesses the Boundless Potential of Technology and the Youth with AWS Educate
Techworld Date Posted: 21 September 2018 3:46 PM | 135 Views
The 16th Youth Congress for Information Technology (Y4IT), an enabling event recognizing young Filipinos as key drivers of the IT industry’s continued advancement, is set to happen on September 24 to 26, 2018 at.... See More
 
Youth Congress for IT Harnesses the Boundless Potential of Technology and the Youth with AWS Educate
Techworld Date Posted: 3:46 PM | 135 Views
The 16th Youth Congress for Information Technology (Y4IT), an enabling event recognizing young Filipinos as key drivers of the IT industry’s continued advancement, is set to happen on September 24 to 26, 2018 at...See More

 
ASUS Republic of Gamers Announces Strix XG27VQ
Techworld Date Posted: 23 August 2017 1:10 PM | 214 Views
ROG Strix XG27VQ is a Full HD display with an ultrafast 144Hz refresh rate and features ASUS-exclusive Extreme Low Motion Blur and Adaptive-Sync (FreeSyncTM) technologies for gameplay without tearing and stuttering. Its gaming-inspired design.... See More
 
ASUS Republic of Gamers Announces Strix XG27VQ
Techworld Date Posted: 1:10 PM | 214 Views
ROG Strix XG27VQ is a Full HD display with an ultrafast 144Hz refresh rate and features ASUS-exclusive Extreme Low Motion Blur and Adaptive-Sync (FreeSyncTM) technologies for gameplay without tearing and stuttering. Its gaming-inspired design...See More

PCBG Contributing Writer
Buckle Up for This Year’s E-Sports and Gaming Summit
Techworld • By: PCBG Contributing Writer | Date Posted: 26 October 2017 2:36 PM | 251 Views
The E-Sports and Gaming Summit (ESGS) 2017 is bound to grace the SMX Convention Center in Pasay City on October 27-29 (Friday-Sunday) for a no-holds barred gaming extravaganza and introduction of new local and.... See More
PCBG Contributing Writer
Buckle Up for This Year’s E-Sports and Gaming Summit
Techworld • By: PCBG Contributing Writer | Date Posted: 2:36 PM | 251 Views
The E-Sports and Gaming Summit (ESGS) 2017 is bound to grace the SMX Convention Center in Pasay City on October 27-29 (Friday-Sunday) for a no-holds barred gaming extravaganza and introduction of new local and...See More

 
Group Behind VenusLocker Switches from Ransomware to Monero Mining
Techworld Date Posted: 11 January 2018 10:36 AM | 217 Views
There is no doubt that cryptocurrency has been on a steady rise. According to a research paper by the University of Cambridge, . See More
 
Group Behind VenusLocker Switches from Ransomware to Monero Mining
Techworld Date Posted: 10:36 AM | 217 Views
There is no doubt that cryptocurrency has been on a steady rise. According to a research paper by the University of Cambridge, See More

 
10 Years in the Making: NVIDIA® Brings Real-Time Ray Tracing to Gamers with GeForce® RTX™
Techworld Date Posted: 22 August 2018 2:04 PM | 181 Views
NVIDIA® has unveiled the GeForce® RTX™ series, the first gaming GPUs based on the new NVIDIA® Turing™ architecture and the NVIDIA® RTX™ platform, which fuses next-generation shaders with real-time ray tracing and all-new AI.... See More
 
10 Years in the Making: NVIDIA® Brings Real-Time Ray Tracing to Gamers with GeForce® RTX™
Techworld Date Posted: 2:04 PM | 181 Views
NVIDIA® has unveiled the GeForce® RTX™ series, the first gaming GPUs based on the new NVIDIA® Turing™ architecture and the NVIDIA® RTX™ platform, which fuses next-generation shaders with real-time ray tracing and all-new AI...See More

 
Aruba Modernizes Network Security to Help Businesses Reduce Risk in the Era of Mobile, Cloud and IoT
Techworld Date Posted: 23 September 2017 1:04 PM | 216 Views
Aruba, a Hewlett Packard Enterprise company (NYSE:HPE), today announced the Aruba 360 Secure Fabric, a security framework that provides 360 degrees of analytics-driven attack detection and response to help organizations reduce risk in today's.... See More
 
Aruba Modernizes Network Security to Help Businesses Reduce Risk in the Era of Mobile, Cloud and IoT
Techworld Date Posted: 1:04 PM | 216 Views
Aruba, a Hewlett Packard Enterprise company (NYSE:HPE), today announced the Aruba 360 Secure Fabric, a security framework that provides 360 degrees of analytics-driven attack detection and response to help organizations reduce risk in today's...See More

 
Transcend® Offers a New Perspective with the DrivePro Body 60 Body Camera
Techworld Date Posted: 5 June 2018 10:44 AM | 225 Views
Transcend® Information, Inc. (Transcend®), a leading manufacturer of storage and multimedia products, proudly introduces the DrivePro Body 60 body camera. This state-of-the-art POV tethered camera is designed specifically for military and public safety professionals.... See More
 
Transcend® Offers a New Perspective with the DrivePro Body 60 Body Camera
Techworld Date Posted: 10:44 AM | 225 Views
Transcend® Information, Inc. (Transcend®), a leading manufacturer of storage and multimedia products, proudly introduces the DrivePro Body 60 body camera. This state-of-the-art POV tethered camera is designed specifically for military and public safety professionals...See More

 
HyperX Reveals Licensed Headset for PlayStation®4 at ESGS for the First Time in Philippines
Techworld Date Posted: 26 October 2018 4:15 PM | 63 Views
HyperX, the gaming division of Kingston Technology, joins ESGS at the SMX Convention Center, Pasay City in Philippines from October 26th to 28th.. See More
 
HyperX Reveals Licensed Headset for PlayStation®4 at ESGS for the First Time in Philippines
Techworld Date Posted: 4:15 PM | 63 Views
HyperX, the gaming division of Kingston Technology, joins ESGS at the SMX Convention Center, Pasay City in Philippines from October 26th to 28th.See More


Power by

Download Free AZ | Free Wordpress Themes