Security firm GDATA has published a report on mobile malware detected in the first quarter of 2015. The researchers discovered 440,267 new strains of Android malware, a new malware strain for the Android platform is detected every 18 seconds.
“The use of smartphones and tablets for online banking is increasing rapidly. Here in particular puts the Android operating system with a dominant market position in the focus of cybercriminals. It is therefore not surprising that attackers particular develop and disseminate as banking Trojans for this platform financial malware. We therefore expect the current year a significant increase in financially motivated malware for the Android operating system.” states Christian Geschkat, G DATA Product Manager Mobile Solutions”
The experts noticed a surge in the number of mobile banking especially malicious codes targeting the Android OS. At least 50 percent of the malware in the wild were designed to realize financial frauds, most popular are banking Trojans and SMS Trojans.
The rapid increase in Android malware highlight the necessity to adopt defensive security solutions on mobile platforms, experts suggest keeping default security settings enabled, such as blocking installation from sources third-party App stores.
In many cases, mobile users are deceived by social engineering tricks, in this way malware authors induce victims to turn off security settings.
The data on the diffusion of mobile malware are not surprising, they are a direct consequence of the massive spread of Android devices and the increasing attitude of mobile users to access banking, payment and online shopping services from their Smartphone and tablets.
Another element to consider is the lack of a proper security posture of mobile users, disseminating mobile malware is a relatively easy job, as explained by Catalin Cosoi, Chief Security Strategist at Bitdefender.
“As expected, cyber criminals prefer campaigns that make as many victims as possible with one hit. Disseminating mobile malware is also a relatively easy job. Attackers found ways to hide malicious code in repackaged apps sold on unregulated third party app stores,” Cosoi concluded.
Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer.
Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US.
Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines.
Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.