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April 6, 2017
More than one-third do not consider app details, half rarely review permissions being requested before download, found RiskIQ survey
In 2015, 45 percent of all transactions originated from the mobile channel while 61 percent of fraud attempts were made from a mobile device. Despite the prevalence of malvertising as an attack vector, RiskIQ’s survey found that 66 percent of respondents have clicked on an advertisement promoting a mobile app, movie or game. This is followed by nearly two-thirds (60 percent) who have clicked on a link in an email, website or social media feed to download an app, movie or game. Consumers’ propensity to click through without thoroughly inspecting details such as the developer, last version update and any reviews, increases their risk of downloading counterfeit or malicious apps. Alarmingly, on more than one occasion, over one quarter (28 percent) have mistakenly installed an app in the belief that it originated from a trusted source, later to find out this was not the case.
Scott Gordon, chief marketing officer at RiskIQ said, “Not a day goes by without the news of yet another cyber attack or the emergence of a new threat vector. Unlike businesses that have become increasingly cyber security savvy, many consumers remain vulnerable in an ever sophisticated threat landscape. With the volume of personal information being requested and shared through mobile applications, it is time for consumers to improve their online behavior and step up security awareness.”
Generational and gender differences in mobile app and security behaviors are also apparent:
Generational differences – Millennials more vulnerable
Women at greater risk
“The vastness of the app store ecosystem provides the perfect place for malicious actors to hide, luring consumers into believing their apps are official or their brand affiliation is legitimate. With 4.6 percent of all apps in RiskIQ’s database blacklisted, consumers need to be educated about safe app and security behavior and put these measures into practice. Otherwise, there is a real risk of them falling victim to cybercrime,” said Gordon.
Click here to download the new report: Appsession: Is our Appetite for Mobile Apps Putting us at Risk?
RiskIQ is the leader in digital threat management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organization’s digital presence. With more than 80 percent of attacks originating outside the firewall, RiskIQ allows enterprises to gain unified insight and control over web, social, and mobile exposures. Trusted by thousands of security analysts, RiskIQ’s platform combines advanced internet data reconnaissance and analytics to expedite investigations, understand digital attack surfaces, assess risk, and take action to protect business, brand, and customers. Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures. Visit RiskIQ.com or follow us on Twitter.
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Montner Tech PR