Cyberspace has become all pervasive. Every facet of a modern life has elements of cyberspace embedded in it. Therefore securing the cyberspace has become a necessity, which can no more be wished away. This space collate the news and views affecting the security of our cyberspace.
Southeast Asia will be one of the most vulnerable regions in the world to “cyber-attacks,” with criminals taking advantage of rising incomes and growing online banking activities in countries like the Philippines.
In its latest report, Russian Internet security firm Kaspersky Labs said attacks on online banking systems would be one of the most widespread methods of stealing money from Internet users, especially those in mid-income levels.
“In the near future, it is likely that there will be more cases of unauthorized access to online banking systems in Asian countries,” Kaspersky said in its 2012 Cyberthreat Forecast report.
That is because these services are rapidly developing in Southeast Asia and China, while the region’s abundant cyber-crime expertise has so far been focused on other types of attacks.