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

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
WebAuthn, FIDO2 Infuse Browsers, Platforms with Strong Authentication
John Fontana, Standards & Identity Analyst, Yubico,  9/19/2018
Turn the NIST Cybersecurity Framework into Reality: 5 Steps
Mukul Kumar & Anupam Sahai, CISO & VP of Cyber Practice and VP Product Management, Cavirin Systems,  9/20/2018
NSS Labs Files Antitrust Suit Against Symantec, CrowdStrike, ESET, AMTSO
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/19/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
The Risk Management Struggle
The Risk Management Struggle
The majority of organizations are struggling to implement a risk-based approach to security even though risk reduction has become the primary metric for measuring the effectiveness of enterprise security strategies. Read the report and get more details today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-17321
PUBLISHED: 2018-09-22
An issue was discovered in SeaCMS 6.64. XSS exists in admin_datarelate.php via the time or maxHit parameter in a dorandomset action.
CVE-2018-17322
PUBLISHED: 2018-09-22
Cross-site scripting (XSS) vulnerability in index.php/index/category/index in YUNUCMS 1.1.4 allows remote attackers to inject arbitrary web script or HTML via the area parameter.
CVE-2018-14889
PUBLISHED: 2018-09-21
CouchDB in Vectra Networks Cognito Brain and Sensor before 4.3 contains a local code execution vulnerability.
CVE-2018-14890
PUBLISHED: 2018-09-21
Vectra Networks Cognito Brain and Sensor before 4.2 contains a cross-site scripting (XSS) vulnerability in the Web Management Console.
CVE-2018-14891
PUBLISHED: 2018-09-21
Management Console in Vectra Networks Cognito Brain and Sensor before 4.3 contains a local privilege escalation vulnerability.