Almost Every Organization Globally Experienced a Mobile Malware Attack during the Past Year

Check Point Software Technologies Ltd. a leading provider of cybersecurity solutions globally, has published its 2021 Mobile Security Report. The report examines the latest emerging threats targeting enterprise mobile devices and gives a comprehensive overview of the major trends in mobile malware, device vulnerabilities, and in nation-state cyber-attacks. It also shows how organizations can protect themselves against today’s and tomorrow’s complex mobile threats and how these threats are likely to be evolving.

The move to mass remote working during the COVID-19 pandemic saw the mobile attack surface expand dramatically, resulting in 97% of organizations facing mobile threats from several attack vectors. With 60% of workers forecast to be mobile by 2024, mobile security needs to be a priority for all organizations. Highlights of the Check Point Research Mobile Security Report 2021 include:

• All enterprises at risk from mobile attacks: Almost every organization experienced at least one mobile malware attack in 2020. Ninety three percent of these attacks originated in a device network, which attempts to trick users into installing a malicious payload via infected websites or URLs, or to steal users’ credentials.
• Nearly half of organizations impacted by malicious mobile apps: Forty six percent of organizations had at least one employee download a malicious mobile application that threatened their organization’s networks and data in 2020.
• Four in ten mobiles globally are vulnerable: Check Point’s Achilles research showed that at least 40% of the world’s mobile devices are inherently vulnerable to cyberattacks due to flaws in their chipsets, and need urgent patching.
• Mobile malware on the rise: In 2020, Check Point found a 15% increase in banking Trojan activity, where users’ mobile banking credentials are at risk of being stolen. Threat actors have been spreading mobile malware, including Mobile Remote Access Trojans (MRATs), banking trojans, and premium dialers, often hiding the malware in apps that claim to offer COVID-19 related information.
• APT groups target mobile devices: Individuals’ mobiles are a very attractive target for various APT groups, such as Iran’s Rampant Kitten, which has conducted elaborate and sophisticated targeted attacks to spy on users and steal sensitive data

“As we have seen in 2020, the mobile threat landscape has continued to expand with almost every organization now having experienced an attack,” said Neatsun Ziv, VP Threat Prevention at Check Point Software. “And there are more complex threats on the horizon. Cybercriminals are continuing to evolve and adapt their techniques to exploit our growing reliance on mobiles. Enterprises need to adopt mobile security solutions which seamlessly protect devices from today’s advanced cyber threats, and users should be careful to use only apps from official app stores to minimize their risk.”

During 2020, Check Point discovered a new and highly significant attack, in which threat actors used a large international corporation’s Mobile Device Management (MDM) system to distribute malware to more than 75% of its managed mobile devices – exploiting the solution, which is intended to control how mobiles are used within the enterprise.

For more details, download the full report