Cyber Crime in Malaysia: RM1 Billion Lost by Conned Victims
Malaysia is worse than Mexico in cyber crime. According to Sophos Security Threat Report 2013, Malaysia is the sixth most vulnerable to cyber crime. Listed among the 10 riskiest countries, Malaysia is also reported to be highly exposed to Android PC and devices malware attacks. Remember that in the event of a cyber crime, victims can lodge a report with CyberSecurity Malaysia.
By Mei Mei Chu — 17 May 2013, 02:56 PM — Updated over 10 years ago
RM1 billion lost by victims of cyber crime
Out of the RM1 billion in losses from cyber crime in the first six months of this year, 9,857 cases were reported with 7,801 of these solved and 3,385 people detained. Last year, the losses amounted to RM1.115 billion with 8,920 of the 11,543 reported cases solved and 3,712 people arrested.
theborneopost.com
A memorandum of understanding was signed by Syed Ismail Syed Azizan, and Limkokwing University of Creative Technology. It provides the university with a five-year contract to provide contents such as posters, video clips and animations to the police in cyber crime-prevention campaigns.
Federal Commercial Crime Investigation Department director, Syed Ismail said most of the cyber crime committed in the country were through parcel scams, selling goods via the Internet, and masquerading.
“Cyber crimes always start with an internet promotion or special offer. Not all such offers are false but we must do some background checking before getting into business transactions with strangers on the internet,” he said.
themalaymailonline.com
Malaysia is sixth most vulnerable to cyber crime
Malaysia is the sixth most vulnerable country in the world to cyber crime, in the form of malware attacks through the computer or smartphone.
thestar.com.my
CyberSecurity Malaysia Research vice president Lt Col (R) Sazali Sukardi said the Sophos Security Threat Report 2013 found, in a period of three months this year, that besides Malaysia, nine other countries were also highly at risk.
However, cyber crime in the country has decreased from 15,218 cases in 2011 to 9,986 cases in 2012, he said.
He attributed the drop to effective enforcement by the government enforcement agencies, including CyberSecurity.
mysinchew.comWhat kind of cyber crimes?
SophosLabs reports that Asia produces the highest percentage of spam, while Oceania produce the lowest.
Image via imgur.comAccording to Sazali, the highest reported cyber crime was fraud, followed by cyber invasion attempts, spam, denial of service, content-related offences, malicious code and cyber defamation.
"We are also facing security threats from international criminal organisations that abuse the internet for various cross-border illegal activities such as drugs, human trafficking, financial fraud and money laundering," he said.
thestar.com.my
Millions of users flocked to social networks—and so did attackers. They built creative new social engineering attacks based on user concerns such as skepticism about Facebook’s new Timeline interface. Attackers also attacked maturing platforms such as Twitter and Pinterest.
Today, the most common business model for Android malware attacks is to install fake apps that secretly send expensive messages to premium rate SMS services. Recent examples have included phony versions of Angry Birds Space, Instagram, and fake Android antivirus products
We have also begun to see Android malware that eavesdrops on incoming SMS messages and forwards them to another SMS number or server. The potential exists for attacks like these to target Internet banking services that send mobile transaction authentication numbers via SMS.
In 2011, we saw a sustained attack on Mac users by a malware family called MacDefender, a fake antivirus. Fake antivirus software typically makes money for
cybercriminals by convincing users to provide personal credit
card information for software they don’t need.
Who do I report cyber crime cases to?
CyberSecurity Malaysia Research vice president Lt Col (R) Sazali Sukardi urged the public to contact CyberSecurity at its helpline Cyber999 through 03-89926969 to provide information or lodge a public complaint.
thestar.com.my
To report cyber security incidents: [email protected]. Portal Cyber999. Phone:+603 - 8946 0999.
cybersecurity.myCyberSecurity Malaysia (www.cybersecurity.my) is the national cyber security specialist agency under the Ministry of Science, Technology and Innovation (MOSTI). CyberSecurity Malaysia became an agency under the purview of MOSTI in 2005 as a national body to monitor aspects of National e-Security.
cybersecurity.my
Tips on protecting yourself from cyber crime
Protect you and your family from cyber crime with these tips. Photo credit: getcybersafe
Image via getcybersafe.gc.caThe majority of cybercrime happens through e-mail, so never open any attachments that you are not expecting and never click on questionable links you find in the body of an e-mail.
kaspersky.comKeep your firewall turned on. Install or update your antivirus software. Keep your operating system up to date. Be careful what you download.
wealthdaily.comYour Password: Passwords should be at least eight characters; include a combination of numbers, letters and symbols; and not be words related to you. One hacker reported that the way he entered most secured websites was by exploiting people's weak passwords.
Although cheap or free internet security software can sometimes offer some protection, many of these providers only provide very basic protection, don’t update as frequently as paid for versions of software and some are in fact ransomware.
kaspersky.comFraudsters often send out phishing e-mails to try to extract information from users. Never respond to an e-mail that asks for personal information and never fill in your personal details on a link that came from an e-mail.
kaspersky.com