Password Stealing Malware Attacks Rise by 60 Percent in First Half of 2019 says Kaspersky

The use of malware designed to harvest consumers digital data, known as password stealers, grew 60% in the first half of 2019, affecting a large number of users in India, showed data from cyber-security firm Kaspersky.

Most frequently, the malware has targeted users in India, Brazil, Germany, Russia and the US. The number of users, targeted by the stealers, peaked from less than 600,000 in the first half of 2018 to over 940,000 during the same period this year, showed the findings.

Password Stealing Ware (PSW) is a major weapon in the cybercriminals’ toolkit to sabotage users’ privacy.

This malicious type of software grabs data directly from users’ web browsers using various methods.

Quite often, this information is sensitive and includes access details for online accounts as well as financial information – like saved passwords, autofill data and saved payment card details.

In addition, some families of this type of malware are designed to steal browser cookies, user files from a specific location (for example, a user’s desktop) as well as app files, such as messenger services.

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