Japan is a prominent name in the Technological industry and has made ground-breaking discoveries and innovations over the year. The electronics developed in Japan are exported all over the globe and are also considered standards for innovations.
In this digital era of technology, Japan is no exception to the cyber threat and cybercrimes. Japan as the rest of the world is still figuring out how to deal with cyber threats even though there are strict laws and punishments for the offenders that don’t stop cybercriminals from committing cybercrimes. With the Tokyo Olympics ahead cybersecurity has been given increased attention in response to a rise in frequency and sophistication of cyber-attacks. Such attacks create major concern for the safety of infrastructure sectors such as railways and the data-dependent Internet of Things (IoT) networks and systems. Last year, FortiGuard Labs identified a malware campaign targeting Japanese users. The campaign impersonated a logistics company and deployed an Android malware called FakeSpy. Now Japan faces a new Malware threat which has been named Funkybot. After the connection to the server is started, the malware proceeds to collect and send the following information about the device such as IMEI, IMSI, Phone Number, List of Contacts.
With the campaign primarily targeting Japanese service providers, FortiGuard Labs was able to identify this campaign and what, to the best of their knowledge, is a new malware family. During their analysis, they also encountered some samples which were not yet fully developed which suggested the malware is in its early developmental stage and being tested. Japan has to raise it’s security standards with attacks like these becoming more frequent and more vicious.