Finance is among the sectors that has struggled most in compliance with a standard for storing and transmitting credit card information. (Uris at English Wikipedia/CC BY-SA 3.0)
Researchers on Thursday reported that despite a 50% increase in mobile device management (MDM) adoption during the past year, average quarterly exposure to phishing attacks on mobile devices in the financial sector rose by 125% – and malware and app risk exposure increased by more than five times.
In a blog post, Lookout researchers said as more users access cloud services and infrastructure from mobile devices, attackers deliberately target phones, tablets and Chromebooks to increase their odds of finding a vulnerable entry point. The researchers said a single successful phishing or mobile ransomware attack can give attackers access to data across a company’s entire back-end infrastructure.
“Compromise can take place in a number of ways, but with each one an attacker can find their way into your cloud infrastructure,” said Hank Schless, senior manager, security solutions at Lookout. “An attacker can recreate the corporate log-in page and deliver a phishing message to the individual ..
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