McAfee : 550% Increase in Consumer Security Risks Connected to Fake and Malicious Apps in 2018

Date : 26-Feb-2019
Location: MWC 2019, Barcelona, Spain

At MWC, McAfee announced key partnerships with industry leaders and also unveiled its latest Mobile Threat Report 2019.

It has been a volatile year, with a constant stream of massive cyberattacks and companies like Facebook being called into question about their approach to our data and privacy. McAfee’s Mobile Threat Report reveals that whilst 2018 was the year of mobile malware, 2019 is shaping up to be the year of everywhere malware.

It is more important than ever that the entire ecosystem works together to protect consumers around the world and deliver peace of mind. 2019’s partnership highlights include:
  • Partnership with Samsung extended to safeguard consumers from cybersecurity threats on Samsung Galaxy S10 smartphones and provide Samsung’s Secure Wi-Fi service with its backend infrastructure to protect consumers against risky Wi-Fi. In addition, the partnership expands to better protect Samsung smart TVs, as well as PCs and laptops.
As cybercriminals are looking for ways to maximise their income and shift tactics in response to changes in the market, the Mobile Threat Report also reveals:
  • Fake apps are and will be one of the most effective methods to trick users into installing suspicious and malicious applications on Android devices – with Fortnite being a target for fake apps
  • Cybercriminals are tricking smartphone users into giving them access to their homes, through phishing techniques via mobile backdoors
  • A global spike in banking Trojans on mobile devices has continued, targeting account holders of large multinational and small regional banks
  • The popularity of Android-based devices not only makes them a prime target, but the latest cryptomining technique can jump from phone or tablet to smart TV to infect your entire environment
  • Mobile devices remain an attractive target of nation state actors to gather intelligence and track victims.