May 19, 2020

[Video] 44% of 2014 Cyber Attacks come from Germany and the USA

Online Security
Technology
videos
Annifer Jackson
2 min
[Video] 44% of 2014 Cyber Attacks come from Germany and the USA

Almost half of cyber-attacks are being launched from Germany and the USA, according to a 2014 report from Kaspersky Lab.

This year the company saw a considerable growth in the number of malicious attacks on users’ computer and mobile devices, further development of financial malware and a change in the vectors of web attacks.

In 2013, most web attacks were carried out using malicious web resources located in the USA and Russia, while in 2014 Germany hosted more malicious sites than anywhere except the USA. The Netherlands has remained in third place. 

Some key figures include:

  1. 6.2 billon malicious attacks on users’ computer and mobile devices were blocked by Kaspersky Lab antivirus products in 2014, one billion more than in 2013.
  2. 38 percent of user computers were subjected to at least one web attack over the year.
  3. 44 per cent of web attacks neutralised by Kaspersky Lab products were carried out using malicious web resources located in the US (27.5 percent of all attacks) and Germany (16.6 percent). The Netherlands (13.4 percent) came third.
  4. Attempts to steal money via online access to bank accounts were blocked on almost 2,000,000 user computers.
  5. Kaspersky Lab products protected their users from an average of 3.9 million internet-based attacks a day.
  6. Kaspersky Lab's web antivirus detected over 123,000,000 unique malicious objects: 74 per cent of them were found at malicious URLs. 
  7. A total of 3.7 million attempts to infect OS X- based computers were blocked by Kaspersky Lab products
  8. An average Mac user encountered nine threats during the year
  9. Kaspersky Lab solutions blocked 1.4 million attacks on Android-based devices, four times as many as last year.

In terms of mobile, Kaspersky found 295,500 new mobile malicious programs in 2014, 2.8 times as many as in 2013, while the number of Trojans jumped nine-fold to 12,100. One in five Android users experience some form of threat to their device.

Watch the video below to find out more. 

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May 11, 2021

Mambu and the UAE’s digital banking journey

Banque Saudi Fransi
Mambu
Joanna England
3 min
Mambu and the UAE’s digital banking journey
Miljan Stamenkovic, Mambu’s General Manager for MENA, talks technology and digital transformation...

Miljan Stamenkovic enjoys the dynamic and constantly evolving world of fintech banking. In his current role as General Manager for MENA for Mambu, Stamenkovic sees opportunity in abundance. 

“When I joined Mambu with my team in 2019, we came with the fintech, entrepreneurial mindset and DNA to build and grow Mambu’s business in the MENA (Middle East and North Africa) region. Before 2019, the region used to remind me of a desert, at least in terms of cloud service providers and cloud adoption. But this past year has been a wave of progress.” In November 2020, Mambu opened a new office in Abu Dhabi Global Market, as the region has quickly become a key market for Mambu.

He explains, “There are data protection laws. There are cybersecurity regulations and most importantly, a variety of major tier one cloud service providers that are available. But what particularly excites me here at Mambu is the opportunity to rethink business models together with our clients and really bring them to life. This is where I saw a great fit with Mambu and its composable philosophy.”

Creating a neobank and challenger bank ecosystem has been his ultimate goal. “In my opinion, this actually creates a unique opportunity to partner with some of the best fintechs in the region and build the region’s first and true challenger and neobanks.”

Stamenkovic credits Mambu’s partnership with Banque Saudi Fransi (BSF) for the success that has driven the bank forward in the region. “When I think about all the challenger and neobanks that have grown massively over the past decade,there is one common denominator for all these new initiatives. I would say they really operate like a tech company rather than a bank. - BSF is leading this approach in Saudi Arabia.”

He continues, “This brings a competitive advantage for tech companies. These platforms are each managed individually but can be swapped in and out. And when put together, they actually form the backbone of a company's technology capability. This is why tech companies and banks like BSF actually can get products to the market a hundred times faster than their more incumbent peers.”

The implementation, he stresses, is an evolving process, where each component is trialled and checked and swapped in and out according to its effectiveness. But it’s down to the dynamism of the team on the project to initiate these changes. “As critical as technology is to digital transformation, the DNA of people working on these initiatives is the key to success. At BSF they have a true startup and entrepreneurial mentality.”

He explains that Mambu is helping BSF deliver an entire new banking experience while providing soft core banking services hosted, in this case in Saudi Arabia. “Mambu sits at the heart of BSF's new challenger bank and its technology stack. So, this actually enables BSF to take an entirely cloud native approach, having Mambu at the centre of its ‘Digital Engine’.”

Stamenkovic points out, “Mambu enables banking like a modern tech company. Banks used to be built to last, but today they need to be built to change. And that's what we're enabling here.” 

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