Watch Out These Mobile Security Trends in 2022

By Haseeb Awan

Our mobile phones have become an integral part of our lives; it has become an extension of our arms. The things we use them for are endless and include everything from shopping, taking a selfie, surfing the internet, and socializing, to mention a few. According to Statista, the number of smartphone subscriptions globally has surpassed six billion and is expected to expand by several hundred million in the next few years. The country with the biggest number of smartphone users is China, then India, and the United States of America. Because of the rising usage of mobile phones for work-related purposes, the dangers of compromised mobile security vulnerabilities are imminent, and even the largest businesses and governments are feeling the heat of cyber-attacks and mobile threats. 

As a business owner, due to the ever-increasing number of cyber events and the obvious complexity of security threats and attacks, there is a need to stay with the present mobile security trends. 

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Top 5 Mobile Security Trends in 2022

Phishing

Mobile phishing attacks keep growing exponentially and will become more sophisticated in 2022. It lures users to click on malicious web links or infected files or click on corrupt emails, to download malware from email attachments. 

According to Investopedia, Phishing is a method of identity theft that relies on individuals unwittingly volunteering personal details or information that can then be used for nefarious purposes. It is often carried out through the creation of a fraudulent website, email, or text appearing to represent a legitimate firm.

Phishing hackers sometimes employ bogus campaigns to trick unsuspecting customers into updating their information or entering a prize that the bank or any financial institution supposedly hosts. When a customer visits a fraudulent website, they supply personal information such as their ID, online banking password and details, credit card number, and even the CVV 2. These details are what fraudsters use to make online purchases without the customer's knowledge.

Instinct is enough to tell anyone that requesting private information when confronted via email is a clear case of phishing attempts and scams. As an existing bank customer, Banks will protect your personal information and will never send you an email requesting for this information. Another safety measure to employ is to hover your mouse on any link to make sure and double-check the website URL-A lock icon should be before the name, and it should begin with the letters "HTTPS."

Read More About Email Phishing

Mobile Malware

The year 2021 witnessed a substantial surge in malware attacks, with hackers concentrating their efforts on smartphones, employing strategies such as surveillance and malicious advertisements to their advantage. According to Zdnet, one of the authorities in publication, cyberattacks on mobile devices climbed by 50 percent in the first half of 2021 compared to the previous year's same period. The surge was a result of an increase in the number of malicious software attacks. As a result, hackers are more willing than ever to steal payment details, misuse login credentials, and withdraw funds from their victims' accounts.

Vishing

Vishing is a derivative of two words- voice and phishing. In this context, it refers to the type of scam that entails making a bogus phone call utilizing information that has been gathered earlier online. 

Vishing is in two ways. The first step is when the cybercriminals gather private information via email or a fraudulent phishing website, but these cybercriminals can not use this information alone; they need the SMS password or digital OTP ( one-time pin) to carry out and validate their fraudulent activities. 

This is the point at which the second step occurs. Cybercriminals then call customers on their cell phones and pose as employees of the financial institution they represent. The cybercriminal attempts to persuade the customer to reveal the SMS password or digital token required to approve transactions by sending out terrifying texts.

If this happens, these types of details should never be mentioned to anyone by a customer. The customer should hang up as soon as possible and contact their bank to report what has occurred to them. The bank will never contact customers to get sensitive and secret information such as passwords and pins.

Smishing

In the same way they use phone conversations to trick to deceive customers in the case of vishing, they can use messages to trick  people via Telegram, WhatsApp, or text messages. Smishing got its name from SMS and phishing. 

This threat occurs when a customer receives a text message, purportedly from their bank, informing them that a questionable purchase is happening with their credit card information. The text message instructs the recipient to contact their bank and includes a fictitious phone number. As soon as the customer returns the phone call, the cybercriminal, posing as the bank, seeks private information from him to cancel the purchase. Occasionally, the letter will also include a link to a bogus website to solicit sensitive information from the recipient.

The best way to avoid smishing is to never pay attention to messages that need your data, a phone call, or a specific call to action. Make sure to pay great attention to any unusual phone numbers you receive and keep in mind that the only official phone number of your financial institutions to contact will be  on their official website or their official handles of social media channels. 

Mobile smishing surged by over 700 percent in the first six months of 2021, which is likely to result from more customers purchasing online due to the COVID-19 global epidemic.

Mobile interception

Mobile interception technology is the storage, recording, tracking, and interception of cellular communications such as phone calls, internet usage, SMS, and other text messaging forms. Legally, government and law enforcement agencies can use Mobile interception to gather information on terrorists or criminals. However, scammers have been employing this form available for illegal purposes. 

To stay safe, it is better to use unencrypted mobile messaging apps to talk about work-related information to prevent bad actors from interfering with crucial business discussions and documents.

Read About The Top Mobile Security Threats