Security News
As a result, the FBI said it expects cybercriminals to target banking customers with fake banking apps and app-based banking trojans. Phony bank apps spoof the actual apps of major banks to trick users into entering their account credentials.
Mobile health app Babylon, which states its company mission as putting "An accessible and affordable health service in the hands of every person on earth", has admitted to a software bug that went one step further than that. The user, named by the BBC as Rory Glover from Leeds in England, apparently used the app to check up on a prescription of his own, only to find that the "Consultation Replays" feature of the app contained a list of 50 videos for him to review.
Spirent Communications announced its extensive work with Rakuten Mobile in support of the operator's current LTE services, planned 5G Non-Standalone and Standalone rollout in Japan for its world-first fully virtualized cloud native mobile network. Rakuten Mobile required groundbreaking testing capabilities to assure the performance of new services and selected Spirent Landslide for core network testing.
There was a 37 percent increase worldwide in enterprise mobile phishing encounter rate between the fourth quarter of 2019 and the first quarter of 2020, according to Lookout. The report also shows that unmitigated mobile phishing threats could cost organizations with 10,000 mobile devices as much as $35 million per incident, and up to $150 million for organizations with 50,000 mobile devices.
If you use the Nextcloud mobile app, you'll want to password protect it to ensure you don't leave your sensitive data open for anyone to see.
Encounter rates for enterprise mobile phishing increased 37 percent between the last quarter of 2019 and the first quarter of 2020, from around 16 percent to 22 percent. The Mobile Phishing Spotlight Report from Lookout highlights how threat actors have shifted their tactics to take advantage of the evolving move from the physical to mobile or home office in the wake of the COVID-19 pandemic, which forced many companies to order their employees to work from home and use mobile devices as part of their every-day productivity.
Incognia announced the launch of its location-based behavioral biometrics solution developed to combat rising rates of mobile fraud. Incognia location behavioral biometrics provides a new frictionless weapon for enhanced fraud detection and prevention.
Mobile phishing is on the rise according to a new study from cybersecurity company Lookout, which found a 37% increase in enterprise mobile phishing in the first quarter of 2020. According to data collected by Lookout researchers, unmitigated mobile phishing threats could cost organizations with 10,000 mobile devices as much as $35 million per incident, and up to $150 million for organizations with 50,000 mobile devices.
MobileIron has released a report that paints a troubling picture of tension between C-suite executives and IT decision makers when it comes to mobile device security. The findings, the report states, suggest "That C-suite executives often bypass their organization's mobile security protocols, putting businesses around the world at significant risk of a data breach and highlighting the need for newer technologies to allow employees to be secure and productive at the same time."
Samsung on Tuesday unveiled a new security solution - composed of a secure element chip and security software - designed to enhance data protection on mobile devices. Samsung has described it as a "Standalone turnkey security solution" that provides protection for the booting process, isolated storage, mobile payments and other applications.