FEATURE: MOBILE SECURITY
The number of people working
remotely in today’s digital
era has soared, and equally,
so have the number of
cyberattacks on mobile devices
as a result. Phishing is a
simple and extremely lucrative
method for hackers and we
hear how companies such
as Lookout and MobileIron
are offering solutions to this
prominent issue.
Lookout, a leader in mobile security,
has released its 2020 Mobile Phishing
Spotlight Report that reveals a
37% increase worldwide in enterprise
mobile phishing encounter rate between
the fourth quarter of 2019 and the first
quarter of 2020. The report also shows
that unmitigated mobile phishing threats
could cost organisations with 10,000
mobile devices as much as US$35 million
per incident, and up to US$150 million for
organisations with 50,000 mobile devices.
The report highlights the different methods
cybercriminals use to make their mobile
phishing campaigns more lucrative, and
provides data on global encounter rates and
the potential financial risk per incident. The
phishing encounter rates are broken down by
region and by consumer and enterprise, to
provide a comprehensive understanding of
the current state of mobile phishing.
Key highlights from the
report include:
• Enterprise phishing encounter rates
tracked quarterly show sequential
increases of 37.1% globally as well as
increases of 66.3% in North America,
Vendors work to protect
against mobile phishing as
cybercriminals ramp up attacks
42 INTELLIGENTCIO www.intelligentcio.com