Vulnerabilities / Threats

11/2/2015
05:00 PM
Connect Directly
Twitter
Twitter
RSS
E-Mail
50%
50%

Mobile Malware Makes Mobile Banking Treacherous

Kaspersky Lab report shows rate of mobile malware occurrence exploding in Q3.

The number of mobile threats percolating on devices worldwide has risen precipitously this year—over three-fold, according to a new report out by Kaspersky Lab. And though the occurrence of enterprise breaches caused by mobile devices continues to be questioned by experts, attackers do seem to be profiting from their attacks by targeting individual users’ bank accounts.

Kaspersky’s Q3 Threat Evolution report examined activity in its network of users and found an increase in the number of mobile threats, the number of mobile malware attempts at stealing from consumer bank accounts, and the number of mobile bank Trojans active in the last quarter.

“Malicious mobile programs are on the rise and in countries where online banking is popular, people are at considerable risk from Trojans looking to target them,” says David Emm, principal senior security researcher at Kaspersky Lab's Global Research and Analysis team. According to his team, last quarter they found over 1.6 million malicious mobile installation packages circulating, including 323,000 new malicious mobile programs and 2,500 mobile banker Trojans. The number of mobile banker Trojans increased four-fold in just a single quarter, making it the fastest growing category of mobile threats in the wild.

But the still undisputed king of mobile malware is malvertising, which continues to pour it on strong in volume and diversity of attacks.

"We have also observed a growing number of programs that use advertising as the main monetization method while also using other methods from the virus writers’ arsenal," Em says. "They often root the device of a victim and use superuser privileges, making it very difficult, if not impossible, to combat them. In Q3 2015, these Trojans accounted for more than half of the Top 20 most popular mobile malware."

The tried and true SMS Trojan scam also continues to proliferate, sending paid messages from infected devices without permission. Researchers report that even though its share of the mobile criminal underground is declining, its still leads in the number of new samples detected.

Ericka Chickowski specializes in coverage of information technology and business innovation. She has focused on information security for the better part of a decade and regularly writes about the security industry as a contributor to Dark Reading.  View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
GaryM03001
50%
50%
GaryM03001,
User Rank: Apprentice
11/5/2015 | 6:38:47 PM
Trusted Apps = Mobile Malware = 1B+ Infected!
@SnoopWallSecure we've been saying this since 2013.  Here's proof:

How about a trusted flashlight app, downloaded by the hundreds of millions spying on you?


Go to finovate dot com forward slash videos forward slash finovatefindevr-2015-snoopwall and see for yourself!

It's serious and most of the big banks don't care.  They want to write it off and let you think their smartphone apps are safe - as safe as an ATM machine being SKIMMED every day!

 
seo rennes
100%
0%
seo rennes,
User Rank: Apprentice
11/3/2015 | 10:08:02 AM
user lambda
I am very worried about this problem.
The average user of a mobile phone does not imagine that his phone has a real OS. They're not prepared to protect themselves against viruses on his mobile phone.
Crowdsourced vs. Traditional Pen Testing
Alex Haynes, Chief Information Security Officer, CDL,  3/19/2019
New Mirai Version Targets Business IoT Devices
Dark Reading Staff 3/19/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: Reading Schneier's Friday Squid Blog again?
Current Issue
5 Emerging Cyber Threats to Watch for in 2019
Online attackers are constantly developing new, innovative ways to break into the enterprise. This Dark Reading Tech Digest gives an in-depth look at five emerging attack trends and exploits your security team should look out for, along with helpful recommendations on how you can prevent your organization from falling victim.
Flash Poll
The State of Cyber Security Incident Response
The State of Cyber Security Incident Response
Organizations are responding to new threats with new processes for detecting and mitigating them. Here's a look at how the discipline of incident response is evolving.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-6149
PUBLISHED: 2019-03-18
An unquoted search path vulnerability was identified in Lenovo Dynamic Power Reduction Utility prior to version 2.2.2.0 that could allow a malicious user with local access to execute code with administrative privileges.
CVE-2018-15509
PUBLISHED: 2019-03-18
Five9 Agent Desktop Plus 10.0.70 has Incorrect Access Control (issue 2 of 2).
CVE-2018-20806
PUBLISHED: 2019-03-17
Phamm (aka PHP LDAP Virtual Hosting Manager) 0.6.8 allows XSS via the login page (the /public/main.php action parameter).
CVE-2019-5616
PUBLISHED: 2019-03-15
CircuitWerkes Sicon-8, a hardware device used for managing electrical devices, ships with a web-based front-end controller and implements an authentication mechanism in JavaScript that is run in the context of a user's web browser.
CVE-2018-17882
PUBLISHED: 2019-03-15
An Integer overflow vulnerability exists in the batchTransfer function of a smart contract implementation for CryptoBotsBattle (CBTB), an Ethereum token. This vulnerability could be used by an attacker to create an arbitrary amount of tokens for any user.