Ironically, the research also found out that more than one-fifth of the users are still willing to sacrifice their privacy to gain a product or a service for free.
This can be due to the fact that DDoS actors are taking advantage of the current situation when people are locked down in their homes and are heavily reliant on digital resources.
Dubbed “PhantomLance”, the campaign has been active since at least 2015 and is still ongoing, featuring multiple versions of a complex spyware – software created to gather victims’ data – and smart distribution tactics.
Based on the interviews conducted with nearly 300 IT business decision-makers in SEA last year, companies fear data loss and being exposed to a targeted attack the most (34%), followed by electronic leakage of data from internal systems (31%).
Researchers from security firm Kaspersky said cybercriminals are exploiting the coronavirus pandemic by actively using the topic in spreading malware such as backdoors and spyware in the past few weeks.