Why are users' bank accounts vulnerable to hackers?

As the digital environment evolves, cyber attacks targeting financial institutions are increasing and these incidents will largely occur in cyberspace.

There were 325,225 malware attacks on bank accounts.

According to information from Kaspersky Security Bulletin 2023 Statistics, there were 325,225 pieces of malware, designed to steal money through online access to bank accounts.

These malware were detected and blocked by Kaspersky in 2023, a decrease of 30% compared to the previous year. In the Crimeware and Financial Threats in 2024 report, Kaspersky experts also predicted an increase in the exploitation of direct payment systems. Accordingly, cybercriminals will exploit vulnerabilities in open-source software to compromise the cybersecurity of businesses, which can potentially lead to data leaks and financial losses. Therefore, financial institutions must be more vigilant and strengthen cybersecurity solutions.

In addition, this cybersecurity company also revealed some typical reasons why user data is leaked: Bank security system: Vulnerabilities in the system, application or customer information security policy of the bank are some of the reasons why user accounts are vulnerable to hackers. User data trading line: Fraudsters exchange and trade user information from bank employees, including account numbers, ID/CCCD numbers, addresses, phone numbers, etc.

Ms. Vo Duong Tu Diem, Director of Kaspersky Vietnam, commented: “Indeed, no system is absolutely secure, however, banks and other financial institutions are focusing on investing in information security to reduce the possibility of malicious actors infiltrating the systems of the organizations. Moreover, users should avoid installing applications of unknown origin and sending verification codes to others during money transactions, so that scammers will have difficulty accessing their accounts and stealing money.”

Accordingly, Kaspersky provides the following advice to help users minimize the risk of data breaches: Limit the installation of alternative or unknown applications; Because applications outside of Google Play, Apple Store, the quality and security level are not guaranteed, cybercriminals can access users' devices and steal data and money; Do not share the verification code with anyone because the transaction service system will default to the user's operations on the system; Activate biometric payments and Face ID to increase the level of security when making money transactions; Protect all technology devices when making online transactions with a reliable security solution, such as Kaspersky Internet Security with Safe Money feature or Kaspersky Premium, to protect users anywhere when they provide bank card details or make payments on the Internet...

KIM THANH

Source: https://www.sggp.org.vn/vi-sao-tai-khoan-ngan-hang-cua-nguoi-dung-de-bi-tin-tac-tan-cong-post729322.html