Many cybercrime groups attack direct payment systems

In its 2024 crimeware and financial forecast report, Kaspersky presented predictions about the increase in cyberattacks, direct payment system exploitation, open-source backdoors, and the rise of Brazilian banking trojans.

Many cybersecurity threats could occur in 2024

In addition, the report also includes a comprehensive assessment of the accuracy of last year's forecasts, highlighting in particular the growing trend of Web3 threats and the need for malware loaders. Adapting to the evolving landscape, 2024 requires businesses to have proactive cybersecurity strategies, cross-industry collaboration, and innovative defenses.

Last year, Kaspersky experts correctly predicted the rise of Web3 threats, the demand for malware loaders, and the shift of ransomware groups to destructive activities.

Kaspersky experts predict that AI-driven cyberattacks that mimic legitimate communication channels will increase significantly by 2024, leading to increasingly ineffective campaigns. Furthermore, they expect cybercriminals to exploit the popularity of face-to-face payment systems, leading to an increase in clipboard malware and mobile banking trojan exploits. Malware like Grandoreiro has expanded its network globally, targeting more than 900 banks in 40 countries.

Another worrying trend in 2024 could be the rise of backdoored open source packages. Cybercriminals will exploit vulnerabilities in widely used open source software, compromising security and potentially leading to data breaches and financial losses. Furthermore, experts predict that the groups affiliated with the cybercrime ecosystem will become more fluid in the coming year, with members frequently switching or working for multiple groups at once. This adaptability will make it more difficult for law enforcement to effectively track and combat cybercrime.

Marc Rivero, head of the Global Research and Analysis Team (GReAT) at Kaspersky, said: "As the financial cybersecurity landscape evolves in 2024, we predict an increase in threats, increased automation and the persistence of cybercriminals. To stay ahead, businesses and financial institutions must proactively adapt their cybersecurity strategies, strengthening their defenses to protect sensitive assets and data. The key to success lies in fostering collaboration between the public and private sectors, creating a united front against the escalating risks that will define the financial cybersecurity landscape in the coming year."

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