In mid-2020, Upstream’s Secure-D anti-fraud platform revealed that the total number of malicious mobile applications doubled in the first quarter of the year. The analysis found 29,000 malicious apps (14,500 in 2019), a 55% spike in fraudulent mobile transactions and increased volumes of infected mobile devices. But that wasn’t the bad news. The company also revealed that some smartphones were being sold with malware already pre-installed on the system. Malware that allowed for the devices to subscribe unsuspecting users to services that would result in high data usage and charges. According to Anna Collard, SVP of Content Strategy and Evangelist at KnowBe4 Africa, this growing problem, coupled with low levels of consumer awareness, puts people at significant risk. “In the KnowBe4 Security...
Sourced from Forbes Nearly 1.7 million mobile subscribers are infected with mobile malware in South Africa alone, reports 2019 data by mobile security company, Secure-D. According to the company, malware is the main culprit responsible for airtime theft and mobile ad fraud evident in the country, with 18,000 instances found on South African users’ devices. How malware highjacks mobile devices Mobile malware can either be downloaded on the device by the user via an app or come pre-installed. Once activated on the device, mobile malware becomes part of a “botnet” (short for robot network) of infected devices. These botnets, networks of malware-infused devices, are being remote-controlled at scale by a “bot-herder”. In the case of mobile ad fraud, the malicious application visits websites, cl...