Mobile malware threats to continue to increase in 2014: Trend Micro

According to Internet security software maker Trend Micro 2014 will continue to see an increase in mobile malware following the trend in 2013.

Published Date
06 - Jan - 2014
| Last Updated
06 - Jan - 2014
 
Mobile malware threats to continue to increase in 2014: Trend Mic...

According to experts, cyber security will remain a growing concern in 2014 with mobile malware on the rise. A recent report by Trend Micro foresees potential threats in 2014 and possible solutions to combat them.

Trend Micro states that mobile banking will be the target of malware and the basic two step verification process will no longer be enough. The firm warns organizations to expect major data breaches once a month in 2014.

Dhanya Thakkar, managing director, India & SAARC, Trend Micro says, “2013 played host to major mobile threats, a trend which is expected to continue in 2014. This year is all about mobile banking. Unfortunately, we can also expect mobile threats like man-in-the-middle (MitM) attacks to increase in 2014. Android will remain the most dominant OS in the market. But this dominance will continue to be exploited, as we predict the volume of malicious and high-risk Android apps to reach 3 million by the end of 2014.”

Thakkar added that business should look into multiple BOYD solutions to prevent cyber attacks. He stated that enterprises should look at data security from multiple dimensions including internal firewalls and intrusion prevention systems, securing Wi-Fi etc. He added that companies should re-look at their security architecture and rebuild it to fit BYOD needs.

Global Security Software maker MacAfee stated in a recent report that enterprises should move from single security solution for issues like bring your own device (BYOD) to other solutions available. The report added that companies need to adopt advanced threat defense solutions so that they can respond to cyber threats faster. MacAfee added that data centers may become the prime targets for cyber attacks and should improve their security to protect against potential threats.

Source: Financial Express