Cybersecurity firm Kaspersky and INTERPOL have recently signed a new five-year agreement to jointly fight against cybercrimes around the world. The new contribution agreement signed by Eugene Kaspersky, CEO of Kaspersky, and Tim Morris, Executive Director of Police Service at INTERPOL, will provide human resources support, training, and threat intelligence data on the cybercriminal activities to INTERPOL.
The alliance strengthens the relationship between the two organizations, aimed at preventing cyberattacks. Per the agreement, the cooperation allows Kaspersky to share information about its cyberthreat research and provide necessary assistance to the INTERPOL in their digital forensics.
“With the rise of sophisticated threat actors, collaboration across the ecosystem and the sharing of expertise is more crucial than ever,” said Eugene Kaspersky, CEO of Kaspersky, following the ceremony. “We are excited to continue the partnership with INTERPOL and to empower law enforcers with the information and technology needed to combat cybercrime across the globe.”
A new research from Kaspersky Lab revealed that the number of Distributed Denial of Service (DDoS) attacks increased by 84 percent in the first quarter of 2019 compared to Q4 of 2018. In its research report dubbed DDoS Attacks in Q1 2019, Kaspersky stated that cybercriminals are once again turning to DDoS attacks after a sustained time period.
The Moscow-based cybersecurity firm also revealed that it discovered a considerable growth in the number of attacks that lasted more than an hour. According to the research findings, China reported the highest number of DDoS attacks (67%) while the U.S. reported the second largest attacks (17.17%) and Hong Kong stood third (4.81%).
In a similar research, Kaspersky uncovered AppleJeus, a malicious operation by North Korea’s cyber-hacking outfit ‘Lazarus Group’ to intrude on cryptocurrency exchanges and applications. According to an official report, Kaspersky Lab’s Global Research and Analysis Team (GReAT) discovered the unusual activity of attackers who penetrated the network of an Asia-based cryptocurrency exchange using Trojanized trading software to steal cryptocurrencies. Vitaly Kamlut, the head of GReAT, stated that the cryptocurrency exchange did not encounter any financial losses during the incident.