Fraud Attacks from Mobile Spiked 300% in Q1

guest · May 22, 2019

Fraud Attacks from Mobile Spiked 300% in Q1
May 22, 2019
https://www.infosecurity-magazine.com/news/fraud-attacks-from-mobile-spiked-1/

Fraud attacks from mobile apps spiked by 300% in the first quarter of 2019, according to new researcher from RSA.
Published today, the Fraud Attack Trends: Q1 2019 report found that the total fraud attacks from rogue mobile applications on January 1 was 10,390 but had jumped to 41,313 by March 31.

Rogue mobile apps are those designed to duplicate legitimate apps of trusted brands, which are a fast-growing phenomenon among cyber-criminals and a huge digital risk for consumers and businesses, according to the report.

Of all the fraud attacks RSA observed in the first quarter, phishing accounted for 29%, though the overall phishing volume grew less than 1% quarter over quarter. Additionally, phishing decreased rather significantly in terms of overall fraud attacks, which the report said was due to the exponential growth of attacks from rogue mobile apps.
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RSA Quarterly Fraud Report: Q1 2019

PT2026 · May 28, 2019

Seems like a big increase without much publicity. Are there any obvious reasons for the uptick?

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Fraud Attacks from Mobile Spiked 300% in Q1

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Fraud Attacks from Mobile Spiked 300% in Q1

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