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10 million devices infected with data-stealing malware in 2023

By Shawn Tan - on 22 Apr 2024, 9:15am

10 million devices infected with data-stealing malware in 2023

10 million devices were infected with data-stealing malware in 2023, which is a staggering 643% increase over the past three years according to cybersecurity firm Kaspersky.

Cybersecurity firm Kaspersky claims the number of devices infected with data-stealing malware increased by over 600% in three years

Kaspersky's Digital Footprint Intelligence report claims that 10 million personal and corporate devices were "compromised with data-stealing malware" in 2023, which is a whopping 643% increase over the past three years.

Data also reveals that over 440,000 websites were hit with compromised credentials in the past five years. The bulk of the accounts were from the .com domain, followed by Brazil (.br), India (.in), Colombia (.co) and Vietnam (.vn).

Kaspersky estimates that an average of 50.9 log-in credentials were stolen by cybercriminals per infected device, and these credentials include login details for social media platforms, online banking services, crypto wallets, and other online services such as email.

Major tech companies around the world have been taking steps to replace the use of passwords. FIDO Alliance, Apple and Microsoft announced two years ago that they will roll out support for passkeys on their platforms as an easier and more secure alternative to passwords.

Passkeys are touted as a better alternative to passwords and 2FA codes as users log in using a pre-authenticated device and by using methods that they are already familiar with such as fingerprint or facial recognition. Since these passkeys exist on the device, there is no password that can be obtained in a malware or phishing attack.

Source: The Economic Times

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