Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > 2014 FIFA World Cup: What should we expect?
    Top Stories

    2014 FIFA World Cup: What should we expect?

    2014 FIFA World Cup: What should we expect?

    Published by Gbaf News

    Posted on June 21, 2014

    Featured image for article about Top Stories

    Guillaume Lovet, senior manager of FortiGuard Labs’ Threat Response Team at Fortinet

    While thousands of Brazilian workers were trying to complete the stadium on time for the opening match, Brazilian cybercriminals were already at work. Now that the 2014 FIFA World Cup is underway, Fortinet’s FortiGuard team is warning Internet users against online scams that they may face.

    With a population of approximately 201 million in 2013, Brazil is the world’s fifth most populous country and has one of the largest cybercriminals communities. Until 2003, Brazilian hackers were focused on website defacements, without attacking their users. Since then, they have become increasingly more professional by attacking the websites of local banks, a choice target as three-quarters of Brazilians carrying out the bulk of their financial transactions online.  According to a survey conducted by the Brazilian Banks Federation (Febraban) in 2011, the banking sector reported losses of R$1.5 billion thanks to phishing, online theft, identity theft, online scams and credit card fraud. But the banking sector is not the only target of Internet threats across the country. Indeed, fraudsters are applying what they have learned over the past ten years of attacking banks to monetize their expertise by  hacking in other areas such as directed attacks on high-net worth individuals, airline mileage programs, and utility bills …

    Beyond the Brazilian cybercriminal community, now a few days into the World Cup, we can expect an onslaught of Internet scams and attacks from the global cybercriminal community in the coming days and weeks.  It is important for football fans to remember a few tips to avoid unpleasant surprises:

    • Unsolicited emails: Spam email targeted at Internet users announcing that they are the lucky winners of a lottery for 2 tickets for the final of the World Cup, or they can access web sites to watch the matches live.….  While it is very tempting to a fan to click on an email link that says : “You’ve won 2 tickets for the final of the World Cup”, be careful! By clicking on that link, you could be taken to a compromised Website that downloads malware onto your computer. That malware could be used as a keylogger on your computer to retrieve all your personal information such as your passwords or other credentials, or download additional malware, such as fake antivirus applications, or simply turn your computer into a spam generator. Spammers and scammers love this kind of event because they know, during the duration of the World Cup, all football fans will be using the Internet looking for attractive offers.
    • Online retailers offering discounted tickets: If you discover an online store that’s offering unbelievable specials for tickets, do some digging to make sure it’s a legitimate store and not a false front that will disappear later that day along with your credit card information. Even if they are legitimate, you’ll want to make sure their site hasn’t been unknowingly compromised by SQL injection or other server attacks. Compromised websites won’t always redirect you to a malicious site, but often will phish or try to surreptitiously install other forms of malware on your computer, such as Trojans, bots, keyloggers and rootkits, all of which are designed to harm systems and steal personal information. Similarly, avoid believing marketplace websites such as eBay or others offering tickets at low prices for the event. Being suspicious of deals that appear to be too good to be true is key during this hot event period, as the good deals are often pure frauds.

    • Phishing and identity theft: Users may receive an email from their bank and/or Paypal highlighting that a payment for the purchase of 2 footballs tickets is in progress while the Internet user has in fact not made any purchase. To cancel the transaction, the Internet user must click on the link where it will be asked to complete a form with its bank login details.  Users should not reply and keep in mind that their bank would never ask for their banking ID by email. If they give away their banking credentials, their account could be completely emptied by scammers. This technique, called phishing, is also used by scammers to acquire other sensitive information like social security numbers. This scam can quickly become a major issue that affects more people than just the victim: damage can snowball when stolen credentials are used in second-stage attacks.
    • Unsecured WiFi hotspots in Brazil: While the Brazilian government has strengthened the safety for the World Cup, the thousands of fans in Brazil must remain vigilant. Fans who will not have the chance to watch the matches at the stadium will use the Internet to view the results in real time, by connecting to WiFi hotspots at hotels, bars… Do not connect to an unknown unsecure hotspot. An unsecure hotspot allows hackers to capture any and all data that’s flowing from the hotspot, enabling them to intercept logins and passwords, email messages, attached documents and other personal and confidential information.

    All of these types of scams are flooding the Web and even well-informed Internet users could be trapped. So, here are some basic but important tips to avoid losing key personal information or money:

    • Requests for password or credit card information should set off alarm bells, double check before you comply
    • Be very wary of links that either lead to applications or external websites
    • Believe the popular saying: “If it’s too good to be true, then it probably is”.
    • If you haven’t entered a lottery, you can’t win it.
    • By connecting even to secure access points, check that the connections to your favorite websites are well secured HTTPS connections.

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts
    Previous Top Stories PostSOCIAL MEDIA COMPLIANCE IN THE CORPORATE ENVIRONMENT: IT’S NOT ALL SOCIAL
    Next Top Stories PostHELICOPTER MANUFACTURER AGUSTAWESTLAND USES RISK TO INFORM MAJOR COMPANY DECISIONS