Enforcement Cut Global Banking Trojans 53 Percent


Coordinated global enforcement efforts reduced the number of financial Trojans by more than half — 53 percent — in 2014, according to a new report from Symantec, and phishing email rates fell 74 percent.

Despite a common perception that cybercriminals can safely hide overseas, this is no longer the case, said Candid Wueest, threat researcher with Symantec Security Response.

“It’s clear that it’s not yet perfect,” he added. “We’re not living in an age yet where it’s impossible to get away. But …

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