India Ranks Second In Mobile Device Threat

by CXOtoday News Desk    Mar 03, 2014

mobilethreat

With cyber attacks on mobile devices on the rise in India, the country has been ranked second in the area of mobile devices threat, according to security firm Kaspersky. A chunk of these intrusions are designed for phishing and stealing banking details, said the report. Kaspersky Lab’s report comes only a week after a Fortinet report that ranks India as number one in the world when it comes to spam delivery. These figures suggest India needs to brace its security strategy.

The Kaspersky study mentions that Russia topped the list of attacks on mobile phones, accounting for over 40% of attacked users. India is far behind, even though it has occupied the second spot with nearly 8% of attacks, followed by Vietnam and Ukraine at nearly 4% and the UK at 3.42% respectively.

During 2013, nearly 100,000 new malicious programs for mobile devices were detected, more than double the previous year’s figure of 40,059 samples, and about 98% of all mobile malware detected in 2013 targeted Android devices, said the report.

The report also found that about four-million malicious applications were used by cybercriminals to distribute mobile malware for Android-based devices.

“The majority of mobile malware in last year targeted users money. The number of mobile malware modifications designed for phishing, the theft of bank card information and money from bank accounts increased by a factor of almost 20,” it said.

The report further notes that Banking Trojans are by far the most dangerous type of mobile malware for users. Some of those detected in 2013 were more geared towards stealing money from bank accounts rather than from a victim’s mobile account, which significantly increases the potential losses. Vulnerabilities in the Android OS architecture and its growing popularity were important factors behind the increase in Android banking Trojans in 2013, it said.

“Today, the majority of banking Trojan attacks target users in Russia and the CIS. However, that is unlikely to last for long: given the cybercriminals’ keen interest in user bank accounts, the activity of mobile banking Trojans is expected to grow in other countries in 2014,” Kaspersky Lab Virus Analyst Victor Chebyshev said.

The report showed that while at the beginning of 2013 there were just 64 known banking Trojans, by the end, Kaspersky Lab’s collection contained 1,321 unique samples.