cybercriminal

55% of all new malware detected in the third quarter of the year was presented by Trojans according to the data from PandaLabs. Most of these were bank Trojans aimed at luring Internet users into following to bogus financial websites where cyber crooks could steal their credentials, says the research branch of Panda Security.

While the popularity of email as a means of spreading malware has declined for cybercriminals they are actively deploying social media-related infections, including Clickjacing attacks on social networks such as Facebook and poisoned search results.

Gartner Inc. warns that the measures taken by the financial institutions to protect online transactions are lame and are no longer enough to protect online banking systems against fraud.

Sophisticated tools used by the cybercriminals make them successful in hacking security systems so as to steal customers' log-in credentials and pillage their bank accounts, says Gartner analyst Avivah Litan.

The recommendations issued by Microsoft in October to delete some files from anti-virus software as a measure to prevent failures in the operating system performance were found to be detrimental to the security of users’ PCs, reported a security researcher.