McAfee Mobile Threat Report 2018 Reveals Significant Changes in the Mobile Threat Landscape

At Mobile World Congress (MWC) 2018, McAfee, the device-to-cloud cybersecurity company, unveiled its latest Mobile Threat Report. McAfee Labs detected over 16 million mobile malware infestations in the third quarter of 2017, with new threats emerging around the globe, spanning from Afghanistan and Algeria to Sweden, the U.K., the U.S., and Zimbabwe.

The McAfee Mobile Threat Report 2018 highlights the following mobile trends in 2018:

  • More targeted attacks: Following the money, a global spike in banking Trojans has occurred, targeting large multinationals and small regional banks.
  • Virtual bank robberies: With the growing interest in crypto currencies cybercriminals are attempting virtual bank robberies by distributing fake mobile wallets and targeting the crypto currency industry.
  • States using malware: North Korean dissidents and journalists using the popular South Korean chat app KakaoTalk were recently targeted in a State-instigated malware attack, with the aim of implanting spyware on the victim’s device.
  • Persistent threats: The increasing proliferation of Internet of Things (IoT) devices are certainly bringing convenience and ease, but they are also significantly increasing the threat landscape, increasing the number of possible points of attack in our homes.