Eskenzi PR ad banner Eskenzi PR ad banner
  • About Us
Tuesday, 26 September, 2023
IT Security Guru
Eskenzi PR banner
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
IT Security Guru
No Result
View All Result

RiskIQ sees 130% growth in malicious mobile apps leveraging top UK brands

by The Gurus
September 30, 2016
in Editor's News
Share on FacebookShare on Twitter

New research from RiskIQ, the leader in external threat management, reveals that the number of malicious apps leveraging top UK brands has grown by 130% year on year[1]. The study by RiskIQ, examined mobile apps owned by or leveraging the brands of 45 top UK companies across five vertical sectors, to give a snapshot of the threats facing UK organisations and their customers from 2015 to today[2].
RiskIQ discovered 107,367 brand-associated blacklisted apps, representing 43% of the total number of apps and found an increase of 131% over the past year. Blacklisting occurs when an app fails a virus scan by one or more of the major virus vendors or if it links to a URL or IP address that is a known source of malware.
The research was undertaken using RiskIQ’s global web crawling infrastructure and virtual user technology which inspects over 170 different mobile app stores daily, extracting and examining over 13 million mobile apps.
In addition to these malicious apps, the research also focused on the growth in the number of mobile apps, their distribution throughout the various primary and secondary app stores and the number of feral apps – mobile apps that exist on the internet but not in a recognized app store. Key findings include:

  • 248,701 brand-associated apps appeared in 2016 – the equivalent of 5,805 mobile apps on average per brand – resulting in a year on year growth of almost two-thirds (63%
  • Each brand examined had apps in an average of 80 different app stores, an increase of 32% since 2015
  • The number of feral apps increased by 165% in the past year, with the biggest growth taking place in financial services

The research exposes a significant increase in risk to both consumers and organisations. As the mobile app store ecosystem evolves, organisations across financial services, retail, travel, media and entertainment, and gambling face a challenging future when it comes to protecting their digital assets, their brand and their customers from the impact of cybercrime.
Although there are claims that many mobile app publishers are seeing their install rates slowing[3], the risk to businesses and their customers remains very real if not managed responsibly, with mobile downloads actually set to grow through to 2020[4].
Ben Harknett, VP EMEA, RiskIQ , said, “In our connected generation, we as consumers turn to our mobile apps for banking, gaming, shopping, travel advice and even to control aspects of our home such as the temperature or lights. This growing reliance comes with an expectancy that top brands will protect our digital existence. If a customer experiences malicious activity whilst using an app they think belongs to a business, the blame is sure to be placed on the brand itself – not on the rogue app. Organisations need to know what mobile apps are out there and which are putting businesses and their customers at risk,” concluded Harknett.
 
[1]2015 research undertaken in the month of June using the RiskIQ global crawling and virtual user infrastructure investigating the footprint of 45 of the top UK organisations across banking, retail, media and entertainment, travel and on-line gambling.
[2]2016 research undertaken in the month of August using the global crawling and virtual user infrastructure investigating the footprint of 45 of the top UK organisations across banking, retail, media and entertainment, travel and on-line gambling.
[3]http://uk.businessinsider.com/the-mobile-app-boom-is-over-2016-6
[4]https://www.idc.com/getdoc.jsp?containerId=prUS41240816

FacebookTweetLinkedIn
ShareTweet
Previous Post

Exploiting the firewall beachhead: A history of backdoors into critical infrastructure

Next Post

Groundbreaking partnership between Government and tech start-ups to develop world-leading cyber security technology

Recent News

CREST and IASME announce partnership with the NCSC to deliver Cyber Incident Exercising scheme

September 26, 2023
partnership

Cyberelements Partners with ABC Distribution Partners to Revolutionise Privileged Access Management in Europe

September 26, 2023
Adarma Names James Todd as Chief Technology Officer, Reinforcing Dedication to Security Operations Excellence

Adarma Names James Todd as Chief Technology Officer, Reinforcing Dedication to Security Operations Excellence

September 25, 2023
Nurturing Our Cyber Talent

Nurturing Our Cyber Talent

September 25, 2023

The IT Security Guru offers a daily news digest of all the best breaking IT security news stories first thing in the morning! Rather than you having to trawl through all the news feeds to find out what’s cooking, you can quickly get everything you need from this site!

Our Address: 10 London Mews, London, W2 1HY

Follow Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

This site uses functional cookies and external scripts to improve your experience.

Privacy settings

Privacy Settings / PENDING

This site uses functional cookies and external scripts to improve your experience. Which cookies and scripts are used and how they impact your visit is specified on the left. You may change your settings at any time. Your choices will not impact your visit.

NOTE: These settings will only apply to the browser and device you are currently using.

GDPR Compliance

Powered by Cookie Information