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Malicious Activities: Malaysia rank 2nd in South East Asia

In Technology Central on May 17, 2008 at 9:30 pm

The latest Internet Security Threat Report (ISTR), Volume XIII (ISTR XIII), released today by Symantec reveals that Malaysia is the country with the second highest number of malicious activities in Southeast Asia behind Thailand. The report covers the six-month period from July 1 through December 31, 2007.

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Kuala Lumpur is top on the list of Asia Pacific/ Japan (APJ) cities with the highest number of bot-infected computers. This is a stark contrast to the previous ISTR (January 1 – June 30, 2007), where it came in seventh on the list.In addition, Malaysia has also been identified as the country in SEA with the highest bot-infected computers. Short for “robots”, bots are covertly installed on a computer to allow hackers to remotely control the machine for a wide variety of malicious purposes such as data leakage and information and identity theft.

Kannan Velayutham, Consultant for Enterprise Security, Malaysia, Symantec cited the rapid growth of broadband penetration in Malaysia as a possible contributing factor to the rise in malicious activities because new broadband users may not be aware of the additional security precautions required when accessing an always-on high-speed Internet. This is an area to watch-out for as broadband penetration is expected to continue in its upward trend in Malaysia.

According to Kannan, “Malaysia has become a prime target for cybercriminals to launch malicious attacks in SEA. While there has been an overall decrease in bot-related activities across the APJ region from the previous ISTR, January to June 2007, Malaysia registered the highest rate of bot-infected computers in SEA. Bot-infected computers are a real concern for online users because their personal information can be easily leaked out, and compromised computers can be used as a launch base for other attacks.”

On the global front, the Web has been identified as the primary conduit of attack activity, as opposed to network attacks, and that online users can increasingly be infected simply by visiting everyday Web sites. The report is derived from data collected by millions of Internet sensors, first-hand research and active monitoring of hacker communications and provides a global view of the state of Internet security.

In the past, users had to visit intentionally malicious sites or click on malicious email attachments to become a victim of a security threat. Today, hackers are compromising legitimate Web sites and using them as a distribution medium to attack home and enterprise computers.  Symantec noticed that attackers are particularly targeting sites that are likely to be trusted by end users, such as social networking sites.

“Avoiding the dark alleys of the Internet was sufficient advice in years past,” said Ong Kah Wooi, Technical Consultant Manager, Pre-sales, Malaysia, Symantec. “Today’s criminal is focused on compromising legitimate Web sites to launch attacks on end-users, which underscores the importance of maintaining a strong security posture no matter where you go and what you do on the Internet.”

Attackers are leveraging site-specific vulnerabilities that can then be used as a means for launching other attacks.  During the last six months of 2007, there were 11,253 site specific cross-site scripting vulnerabilities reported on the Internet; these represent vulnerabilities in individual Web sites. However, only 473 (about 4 percent) of them had been patched by the administrator of the affected Web site during the same period, representing an enormous window of opportunity for hackers looking to launch attacks.

Phishing also continues to be a problem.  In the last six months of 2007, Symantec observed 87,963 phishing hosts – computers that can host one or more phishing Web sites.  This is an increase of 167 percent from the first half of 2007.  Eighty percent of brands targeted by phishing attacks during the study period were in the financial sector. Malaysia registered the second highest number of phishing sites among SEA countries, with social networking sites as the main target.

The report also found that attackers are seeking confidential end-user information that can be fraudulently used for financial gain and are less focused on the computer or device containing the information.  In the last six months of 2007, 68 percent of the most prevalent malicious threats reported to Symantec attempt to compromise confidential information.

Finally, attackers are leveraging a maturing underground economy to buy, sell and trade stolen information. This economy is now characterized by a number of traits common in traditional economies.  For example, market forces of supply and demand have a direct impact on pricing.  Credit card information, which has become plentiful in this environment, accounted for 13 percent of all advertised goods-down from 22 percent in the previous period and sold for as low as $0.40.

The price of a credit card in this underground market is determined by factors such as the location of the issuing bank.  Credit cards from the European Union, for example, cost more than those from the United States; this is most likely due to the smaller supply of cards circulating in the E.U which makes the card more valuable to a criminal.  Bank account credentials have become the most frequently advertised item making up 22 percent of all goods and selling for as little as $10.

Credits: nigel yap;lowyat