Your best mobile apps might turn into the worst ones if you neglect the security domain during the development of your app because the vulnerabilities that creep in make the apps more prone to attacks. Cybersecurity Ventures predicts that if cybercrime were an independent country, it would become the world's third-largest economy by 2025.
In recent years, especially with hybrid work, almost everyone uses an iOS or Android device for work. In fact, in a recent survey, Lookout found that 92% of remote workers use their personal laptops or smartphones for work tasks, with 46% of them having saved files onto their devices. Now that employees expect to be productive from anywhere, organizations across all industries have become more relaxed with allowing the use of personal devices with bring-your-own-device (BYOD) programs.
SIM swapping is when a cybercriminal impersonates someone in order to convince a mobile carrier to activate a new SIM card. These bad actors use social engineering tactics, claiming “their phone” was supposedly lost, stolen or damaged, when in reality, it was never their phone to begin with. When a cybercriminal successfully SIM swaps, they can more easily steal someone’s identity because they can now receive their text messages and phone calls.
The Association of Southeast Asian Nations (ASEAN) region, including countries such as Singapore, Malaysia, Thailand, and Indonesia, is the fastest-growing digital market in the world. Mobile applications have become increasingly integrated into daily life in terms of financial transactions, eCommerce, healthcare avenues, and service deliveries. That being said, Southeast Asian countries are witnessing a high surge in cybersecurity attacks on mobile applications.
Anti-money laundering (AML) compliance in the mobile money industry has become increasingly important in 2023. With the rise of mobile money transactions, regulatory bodies are ramping up efforts to combat money laundering and terrorist financing. In this infographic, we explore the technology involved in AML screening, the importance of AML compliance in the industry, and best practices for financial institutions.
With the rise of remote work and shadow IT, more devices and apps (both sanctioned and unsanctioned) are connecting to your organization’s network. Today, there are approximately five million mobile apps currently in circulation: approximately three million for Android and two million for iOS. That’s great for productivity, but less than ideal when it comes to security.
Mobile device management (MDM) refers to a type of software that allows businesses to manage, configure and secure mobile devices used by their employees. Companies use MDM solutions to maintain a secure environment across all the mobile devices they own or have access to, as well as provide features such as remote wipe, password policies, application management and data protection. This helps them ensure security while providing their employees with access to the applications and data they need.
