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Thursday, 26 October 2023

Mobile Banking, Adware Top the List of Common Cyberthreats - Report


The number of mobile threats for Android devices detected and blocked by Kaspersky in the Middle East, Turkey, and Africa (META) region increased by 5% in Q2 2023 when compared to the same period last year, according to Kaspersky research on mobile cyber threats dynamics. Given the prevalence of mobile devices in Africa, such a growth is cause for alarm.

Adware and mobile banking attacks are among the most common mobile threats found in Africa. According to the Kaspersky research, there was a significant increase in adware detections in Q2 2023, with a jump of 94% in Nigeria, 39% in Kenya, and 27% in South Africa. There was also a notable increase in the detections of mobile banking trojans in Q2 2023, which are used to hunt for data related to online banking and e-payment systems.

“As Africa witnesses an upsurge in smartphone adoption, combined with the burgeoning trend of mobile banking, it's imperative to address the inherent cybersecurity challenges that exist," says Bethwel Opil, Enterprise Client Lead at Kaspersky in Africa.

"The region, with its tech-savvy demographic and dynamic digital landscape, offers a fertile ground for cybercriminals to exploit and our research shows that cybercriminals are doing just that. This underscores the necessity for a forward-thinking and proactive approach to mobile cybersecurity for consumers and businesses alike. From banking malware targeting mobile transactions to ransomware hijacking device data, cybercriminals are continually evolving their tactics. Another cyberattack vector that we see cybercriminals focus on, and particularly in Africa, is outdated software. A considerable number of users in Africa make use of low-end or older mobile devices that may lack the latest security features and updates, making them more susceptible to mobile threats. Against this backdrop, it's not just about implementing cybersecurity solutions on mobile devices but also about educating users on best practices and the rapidly changing threat landscape.”

To mitigate against mobile cyberthreats, Kaspersky recommends:
  • Downloading apps only from official stores like the Apple AppStore or Google Play.
  • Regularly updating operating systems and apps.
  • Being cognisant of app permissions (access to camera, microphone, photos, contacts, etc.).
  • Implementing a trusted mobile security solution like Kaspersky Premium.
  • Avoiding jailbreaking or rooting devices to benefit from automatic security updates.
"Mobile cybersecurity isn't merely about deploying security software. It requires a holistic approach, blending technology, user education, and industry collaboration. As we navigate this digital age, Kaspersky is committed to strengthening Africa's mobile cybersecurity landscape, ensuring that users can safely and confidently leverage the power of mobile technology," concludes Opil.

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