Tag Archives: Research

An Elaborate ATM Threat Crops Up: Network-based ATM Malware Attacks

by David Sancho and Numaan Huq (Trend Micro Forward-Looking Threat Research Team), Massimiliano Michenzi (Europol EC3)

Infecting automated teller machines (ATMs) with malware is nothing new. It’s concerning, yes. But new? Not really. We’ve been seeing physical attacks against ATMs since 2009. By physical, we mean opening the target machine’s casing, accessing the motherboard and connecting USB drives or CD-ROMs in order to infect the operating system. Once infected, the ATM is at the attackers’ mercy, which normally means that they are able to empty the money cassettes and walk away with fully loaded wallets. In 2016, we released a joint paper with Europol’s European Cybercrime Centre (EC3) that discussed the shift from physical to digital means of emptying an ATM and described the different ATM malware families that had been seen in the wild by then. Continue reading

Elephant in the Boardroom: UK Firms Lack GDPR Compliance Leadership

by Bharat Mistry

The EU General Data Protection Regulation (GDPR) is one of the most important and far-reaching pieces of legislation ever to come out of Brussels. That’s part of the reason so much has already been written about it. But before you reach GDPR-saturation point, consider new findings from a comprehensive new Trend Micro study which has revealed a worrying lack of leadership from senior executives when it comes to compliance efforts.

More concerning still, three-quarters (73%) of UK IT bosses we spoke to weren’t even aware of the potentially huge fines in store for non-compliance. With a 25 May 2018 deadline fast-approaching, time is running out. Continue reading

Keeping the Fourth Industrial Revolution Safe from Hackers

by Bharat Mistry

Did you know that by 2018, around 1.3 million industrial robots will be set to work in factories around the world? It’s an industry estimated to be worth $32 billion by next year, helping to power a fourth industrial revolution built on smart factories and automated processes. Yet as these robots become increasingly important in a range of industries, they’ll inevitably begin to pique the interest of cybercriminals and nation state hackers. The question is, just how exposed are they to cybersecurity threats, and what can be done about it?

That’s what Trend Micro set out to answer for the first time in a ground-breaking new report: Demonstrating Industrial Robot Attacks in Today’s Smart Factories. Its findings confirm Trend Micro as a leader in industrial IoT security, a message we’ll be taking to the Infosecurity Europe show in June. Continue reading

The Year of Online Extortion: Over 81 Billion Threats Blocked in 2016

by Bharat Mistry

Trend Micro blocked an astonishing 81+ billion threats for customers in 2016, according to our newly released TrendLabs 2016 Security Roundup. If any stat speaks of the scale of the challenge facing organisations from online attackers – and the need for comprehensive multi-layered protection – it’s this one. Ransomware unsurprisingly led the way last year, with a 752% increase in new malware families discovered. But it’s Business Email Compromise (BEC) that potentially threatens to cause more problems going forward. Continue reading