PR Newswire
CAMBRIDGE, Mass., Nov. 26, 2016
CAMBRIDGE, Mass., Nov. 26, 2016 /PRNewswire/ -- As consumers gear up for Cyber Monday, the largest online shopping day of the year, cybercriminals are also preparing to take advantage of deal-seekers. IBM (NYSE: IBM) X-Force researchers are monitoring malicious activity closely to help organizations and consumers stay safe during the holiday shopping season. With 36 percent of consumers planning to shop online[1] on Cyber Monday, it's critical for consumers to be on high alert.
IBM X-Force researchers have already seen cybercriminals actively masking malicious malware in emails to consumers disguised as major retailers sending out Black Friday and Cyber Monday deals and package shipment tracking details. When a user clicks on the package tracking URL, instead of going to the retailer, they download a malicious malware such as Locky Ransomware, which can lock a user out of their computer and encrypt all of their files, requiring them to pay a ransom to regain access. At one point, this phishing campaign comprised more than 45 percent of all spam activity monitored by IBM X-Force.
In preparation for Cyber Monday, IBM Security has created some tips for consumers to follow to stay secure while shopping online.
Security Tips for Cyber Monday Shopping:
"Consumers needs to be diligent during the holiday shopping season," said Caleb Barlow, Vice President, IBM Security. "Cybercriminals are trying to entice consumers to click suspicious links by offering deals and tapping into their curiosity. It's all about following some security basics to keep shoppers safe this shopping season."
IBM Security's intelligence is gathered by hosting one of the world's largest URL databases with 25 billion+ web pages and images, collecting 1,000 financial malware samples daily, leveraging intelligence from 270M+ endpoints, and processing 1 trillion security events every month for more than 4,500 clients across 133 countries.
For retailers looking for security insights and recommendations, download the Security Trends In The
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Retail Industry report from IBM X-Force http://ibm.co/2gIcUmX or check out the X-Force Exchange collection on spam research at http://bit.ly/2fCTg7U.
About IBM Security
IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM X-Force® research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world's broadest security research, development and delivery organizations, monitors 35 billion security events per day in more than 130 countries, and holds more than 3,000 security patents. For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.
Contact:
Kelly Kane, IBM Security
413-297-2668
kkane@us.ibm.com
[1] National Retail Federation: November 2016 Consumer Survey https://nrf.com/resources/consumer-data/holiday-headquarters
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SOURCE IBM Security
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