Employees today are working under tight timelines, but thanks to bring your own device policies (BYOD), they can access critical files and applications using their mobile device and get work done from anywhere. But BYOD can be a double-edged sword to those not vigilant about cyber attacks. If you’re using an Android device, here are five security threats you need to know about.

Unsafe devices

Sometimes, the device itself might not be safe due to faulty production or configuration. In fact, Checkpoint found 36 Android devices earlier this year at a telecommunications company and multinational technology company that were infected out of the box. This means that the infection was not caused by users, but the malware was pre-installed via apps somewhere along the supply chain before users even received them.

Malicious apps

Judy is an Android app, and although it sounds completely harmless, this software is actually designed to infect a device and activate an auto-clicking command used for malicious advertising campaigns. Believe it or not, this malware got 18.5 million downloads.

Information leakage from useful apps

Many applications are installed for legitimate uses. But don’t let that fool you, as these apps can be used to extract confidential information such as contact information from your mobile device. According to recent research, 0.3 percent of the 20 million Android transactions resulted in some level of privacy leakage. This is primarily due to cybercriminals tapping into an organization's network traffic, which requires skills but isn’t impossible to do.

Banking malware

This is when cybercriminals use phishing windows to overlap banking apps so that they can steal credentials from mobile banking customers. But that’s not all, as cybercriminals can overlap other apps and steal credit card details, incoming mobile transaction authentication number, and even redirect calls. Even worse, file-encrypting features now allow them to simultaneously steal information and lock user files.

One such banking malware that Android users need to look out for is Faketoken. According to Kaspersky Lab, Faketoken is designed to generate fake login screens for more than 2,000 financial applications in order to steal login credentials. The app also displays phishing pages to steal credit card information, can read and send text messages, and even has the ability to encrypt user files stored on a phone’s SD card.

Ransomware

Ransomware is a type of malware that blocks a device and demands for a payment in order for the device to be unlocked. The latest ransomware, WannaCry, spread like a wildfire and greatly affected the global healthcare industry. Ransomware continues to be a cyberciminal’s weapon of choice and attacks targeting Android devices have increased by over 50 percent.

If you think ransomware is bad enough, ransomworms can be your worst nightmare. Basically, it’s ransomware attached to a network that copies itself to every computer on a local network it could reach  with no warning whatsoever.

All this sounds horrific, but the worst is yet to come if you don’t act fast. Having said that, we’ve rounded up some security best-practices that will help keep your Android devices secure:

• Enforce device passcode authentication
• Monitor mobile device access and use
• Patch mobile devices quickly
• Forbid unapproved third-party application stores
• Control physical access to devices
• Conduct application security assessment to ensure compliance
• Implement an incident response plan for lost or stolen mobile devices

While it’s easy to turn a blind eye against cyber threats, the question is are you willing to take that chance? If you’re looking for an advanced security solution to keep your Android device safe, give us a call and we’ll be happy to help.

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