Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Mobile

9/12/2018
11:45 AM
50%
50%

Mobile Attack Rates Up 24% Globally, 44% in US

One-third of all fraud targets are mobile, a growing source of all digital transactions.

The proportion of mobile-vs.-desktop transactions has nearly tripled in the last three years, and instances of mobile fraud and cyberattacks have grown as attackers go where their victims are.

More than half (58%) of digital transactions now originate from mobile devices, ThreatMetrix researchers discovered in their Q2 Cybercrime Report 2018. One-third of all fraud now targets mobile, with global attacks up 24% compared with the first half of 2017. The United States saw a far higher growth rate: Mobile cyberattacks increased 44% during the same time period.

The financial services sector has been hit hard with the growth of mobile cybercrime. Of the 81 million attacks to hit the industry in the first half of 2018, 27 million targeted mobile devices as fraudsters capitalize on the rise of mobile banking adoption. The biggest threat to financial services, researchers report, comes from device spoofing. Attackers attempt to trick banks into thinking fraudulent login attempts are coming from new customer devices.

Identity spoofing is a broad problem, especially on social networks and dating websites, which have the highest mobile footprint across industries: 85% of total transactions, and 88% of account creations, for social sites happened on mobile devices. Identity spoofing makes up 13.3% of attacks on this sector; attackers often use proxy servers to trick their victims into thinking they're geographically closer than they are.

Read more details here.

 

Black Hat Europe returns to London Dec 3-6 2018  with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier security solutions and service providers in the Business Hall. Click for information on the conference and to register.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Look Beyond the 'Big 5' in Cyberattacks
Robert Lemos, Contributing Writer,  11/25/2020
Why Vulnerable Code Is Shipped Knowingly
Chris Eng, Chief Research Officer, Veracode,  11/30/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: I think the boss is bing watching '70s TV shows again!
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-26250
PUBLISHED: 2020-12-01
OAuthenticator is an OAuth login mechanism for JupyterHub. In oauthenticator from version 0.12.0 and before 0.12.2, the deprecated (in jupyterhub 1.2) configuration `Authenticator.whitelist`, which should be transparently mapped to `Authenticator.allowed_users` with a warning, is instead ignored by ...
CVE-2020-28576
PUBLISHED: 2020-12-01
An improper access control information disclosure vulnerability in Trend Micro Apex One and OfficeScan XG SP1 could allow an unauthenticated user to connect to the product server and reveal version and build information.
CVE-2020-28577
PUBLISHED: 2020-12-01
An improper access control information disclosure vulnerability in Trend Micro Apex One and OfficeScan XG SP1 could allow an unauthenticated user to connect to the product server and reveal server hostname and db names.
CVE-2020-28582
PUBLISHED: 2020-12-01
An improper access control information disclosure vulnerability in Trend Micro Apex One and OfficeScan XG SP1 could allow an unauthenticated user to connect to the product server and reveal number of managed agents.
CVE-2020-28583
PUBLISHED: 2020-12-01
An improper access control information disclosure vulnerability in Trend Micro Apex One and OfficeScan XG SP1 could allow an unauthenticated user to connect to the product server and reveal version, build and patch information.