Smartphones- the colossal attack vector

Answer 1

The perpetual growth of smartphones is not restricted to individuals anymore. Employees of both large enterprises and MSMEs are increasingly using smartphones as an alternative device to retrieve business and financial information. And this is the primary reason threat actors see handheld devices as a catalyst to launch large-scale targeted attacks.

Phishing has become a core attack vector for executing ransomware and other colossal attacks on enterprises. As a result, threat actors have adapted to strengthening their armor and have become more innovative and sophisticated in multifold targeted attacks. The comparison graph below displays how the threat actors focus more on developing Trojans masquerading as legitimate-looking apps to heighten their menace.

In many of our previous editions of the CTM report, we have rung the caution bell on how fake apps are doing the rounds on Google’s Play Store and other third-party websites.