Sophos proffers solution for cyber bank robbery

Global leader in network and endpoint security has revealed SophosLabs research that indicates a growing trend among cybercriminals to target and filter out specific countries when designing ransomware and other malicious cyber attacks.

The research includes information from millions of endpoints worldwide and is analyzed by the team at SophosLabs.

To lure more victims with their attacks, cybercriminals are now crafting customized spam to carry threats using regional vernacular, brands and payment methods for better cultural compatibility, according to Sophos. Ransomware cleverly disguised as authentic email notifications, complete with counterfeit local logos, is more believable, highly clickable and therefore more financially rewarding to the criminal. To be as effective as possible, these scam emails now impersonate local postal companies, tax and law enforcement agencies and utility firms, including phony shipping notices, refunds, speeding tickets and electricity bills.