For years, nearly anyone who is online has shopped through a web browser. And now nearly 3 out of 4 internet users do some banking online. And while banks and retailers have gotten better at protecting your private financial information, online criminals have gotten savvier at stealing it.
As we prepare for the holiday season, we thought we’d review a few smart tactics to make sure that the only one who is spending your money is you.
1. Make sure your PC is patched and protected.
This is a standard piece of advice we always share but it’s especially crucial for people who rely on their PC for their financial transactions. Keep your PC updated with the latest system, application and security software. Our free Health Check makes this easy. With an updated and protected PC, you’ll avoid more than 99% of the trouble you might face online.
2. Go directly to the site
When you’re shopping online, it’s always best to stick to retailers you know and trust. Go to the site directly and search there. Avoid clicking on links in your email to go to a store or your bank so you don’t end up at a scam site. If your bank contacts you with a problem, go to the site on your own, or just pick up the phone and give them a call.
3. Look for the “s” in “https:”.
Only enter your information in if you see that extra “s” in your URL. It stands for secured and it’s an extra layer of protection that keeps your account information private.
4. Shop and bank when you’re secure.
Only shop when you know you’re on a network and a PC that’s protected. A computer in an Internet cafe may have a keylogger that tracks your credit card number or password. An open “free Wi-Fi” network, may be convenient. But it’s also risky for shopping or banking. If you use your smartphone or tablet to shop or bank, make sure you have security software on it that includes anti-theft protection that will you allow you to deactivate your device if you lose it. That way when you lose your phone you don’t lose control of your money.
5. Check your accounts.
Try to limit your online shopping to one credit card, and make sure you check that account on a regular basis. Make it a weekly chore to check your account statement and your bank account. Then you’ll be ready to contact your institutions as soon as you notice a problem. The longer a criminal has access to your account, the more trouble they can do–of course.
With these few precautions, you can worry less about your security and more about what you’d actually like to buy.
Image credit: Images_of_Money
F-Secure Labs reported this week on a new WhatsApp scam that’s successfully spammed over 22,000 people. Spam seems to be as old as the Internet itself, and is both a proven nuisance AND a lucrative source of revenue for spammers. Most people don’t see what goes on behind the scenes, but spammers often employ very sophisticated schemes that can expose web surfers to more than just ads for Viagara or other “magic beans”. Spam typically tries to drive Internet traffic by tricking people into clicking certain websites, where scammers can bombard unsuspecting web surfers with various types of advertising. Profit motives are what keep spammers working hard to circumvent spam blocks, white lists, and other protective measures that people use to try and fight back – and it can pay off. Numerous spammers have been indicted and suspected of generating hundreds of thousands of dollars in revenue from their spam campaigns, with one study projecting that spammers could generate in excess of 3.5 million dollars annually. While most spam circulates via e-mail, the popularity of services like WhatsApp is giving spammers new resources to exploit people, and new ways to make money. Here’s a few ways spammers and cyber criminals are using WhatsApp to make money off users: Following Malicious Links: One way that cyber criminals use WhatsApp to scam people is to trick them into following malicious links. For example, a recent scam sent SMS messages to WhatsApp users telling them to follow a link to update the app. But the message was not from WhatsApp, and the link didn’t provide them with any kind of update. It signed them up for an additional service, and added a hefty surcharge to victims' phone bills. Sending Premium Rate Messages: Premium rate SMS sending malware was recently determined by F-Secure Labs to be the fastest growing mobile malware threat, and WhatsApp gives cyber criminals a new way to engage in this malicious behavior. Basically the users receive a message that asks them to send a response – “I’m writing to you from WhatsApp, let me know here if you are getting my messages”, “Get in touch with me about the second job interview”, and various sexual themed messages have all been documented. Responding to these messages automatically redirects your message through a premium rate service. Spanish police claim that one gang they arrested made over 5 million euros using this scheme – leaving everyday mobile phone users to foot the bill. Manipulating Web Traffic: A lot of spam tries to direct web traffic to make money off advertising. As you might imagine, this means they have to get massive numbers of people to look at the ads they’re using for their scams. Scammers use WhatsApp to do this by using the app to spread malware or social engineer large numbers of people to visit a website under false pretenses. F-Secure Labs found that people were being directed to a website for information on where they could get a free tablet. In March there was a global spam campaign claiming people could test the new WhatsApp calling feature. Both cases were textbook scams, and instead of getting new tablets or services, the victims simply wasted their time spreading misleading spam messages and/or exposing themselves to ads. WhatsApp and other services are great for people, but like any new software, requires a bit of understanding to know how to use. Hopefully these points give WhatsApp users a heads up on how they can avoid spam and other digital threats, so they can enjoy using WhatsApp to chat with their friends. [ Image by Julian S. | Flickr ]
Espionage – it’s not just for James Bond type spies anymore. Cyber espionage is becoming an increasingly important part of global affairs, and a threat that companies and organizations handling large amounts of sensitive data are now faced with. Institutions like these are tempting targets because of the data they work with, and so attacks designed to steal data or manipulate them can give attackers significant advantages in various social, political and industrial theaters. F-Secure Labs’ latest malware analysis focuses on CozyDuke – an Advanced Persistent Threat (APT) toolkit that uses combinations of tactics and malware to compromise and steal information from its targets. The analysis links it to other APTs responsible for a number of high-profile acts of espionage, including attacks against NATO and a number of European government agencies. CozyDuke utilizes much of the same infrastructure as the platforms used in these attacks, effectively linking these different campaigns to the same technology. “All of these threats are related to one another and share resources, but they’re built a little bit differently to make them more effective against particular targets”, says F-Secure Security Advisor Sean Sullivan. “The interesting thing about CozyDuke is that it’s being used against a more diverse range of targets. Many of its targets are still Western governments and institutions, but we’re also seeing it being used against targets based in Asia, which is a notable observation to make”. CozyDuke and its associates are believed to originate from Russia. The attackers establish a beachhead in an organization by tricking employees into doing something such as clicking a link in an e-mail that distracts users with a decoy file (like a PDF or a video), allowing CozyDuke to infect systems without being noticed. Attackers can then perform a variety of tasks by using different payloads compatible with CozyDuke, and this can let them gather passwords and other sensitive information, remotely execute commands, or intercept confidential communications. Just because threats like CozyDuke target organizations rather than individual citizens doesn’t mean that they don’t put regular people at risk. Government organizations, for example, handle large amounts of data about regular people. Attackers can use CozyDuke and other types of malware to steal data from these organizations, and then use what they learn about people for future attacks, or even sell it to cyber criminals. The white paper, penned by F-Secure Threat Intelligence Analyst Artturi Lehtiö, is free and available for download from F-Secure’s website. [ Image by Andrew Becraft | Flickr ]
Malware is an omniscient threat – it’s present even when people don’t realize it. Understanding the threat is a key component of protecting yourself and your devices, and nothing drives that point home like cold hard facts and comprehensive research. F-Secure just released its latest Threat Report, which provides important insights into contemporary digital threats. The report details the various changes and trends in the digital threat landscape using data collected during the 2nd half of 2014. The threat report is full of important information, and it’s worth checking out to get some ideas about what attackers are cooking up. Trends like social media malware, exploits, and ransomware are detailed in the report. But there’s tons of important information people should be aware of, and so we put together an infographic to give you a quick overview of the report. The report provides lots more information about the threats, incidents, and trends that were prominent in the latter half of 2014. There's also some insightful words penned by F-Secure security researchers to give you a little context about why you need to arm yourself with knowledge to defend yourself against digital threats. You can download the full threat report for free from F-Secure’s website.