cxo voice
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Cyber Security

The Emergence of Spyware, Zero Click Attacks, Smishing, and Store Security

Sundar Balasubramanian by Sundar Balasubramanian
September 20, 2022
Reading Time: 7 mins read
Zero click attacks
Share on FacebookShare on Twitter

Indeed, our 2022 Mid-Year Report revealed a 42% global year-on-year increase in Cyberattacks. And according to the World Economic Forum’s 2022 Global Risk Report, 95% of cybersecurity issues are traced back to human error. This should be a red flag for all businesses, especially with the shift to remote and hybrid work, where employees use mobile devices more often. These devices now access sensitive company data and direct connectivity to the enterprise network. Combine that with the key ‘human error’ ingredient, and you’ll see why mobile devices are a prime target for cybercriminals.

Here in India, Check Point’s Threat Intelligence reports that an organization in India has been attacked on average 1742 times per week in the last 6 months, compared to 1167 attacks globally, with 4.9% of malware attacks via mobile (Global 1.8%).

Despite this, many corporate cybersecurity strategies focus only on traditional endpoints like laptops. Do you know if all the mobile devices in your organization are safe from malware? Perhaps you have Mobile Device Management (MDM) and think that’s enough? Unfortunately, MDM does not provide intrusion detection or scan for malware. And with the mobile threat landscape constantly evolving, it’s never been more critical to have a robust solution. Let’s look at the current landscape and what you need to know to stay protected in 2022. 

Thriving spyware marketplace

The current mobile malware landscape is a minefield with more vulnerabilities and deployed spyware software. In our last security report, we noted that NSO Group’s notorious spyware, Pegasus, was wreaking havoc after it was discovered gaining access to the mobile devices of government officials and human rights activists. Unfortunately, 2022 was no different, with Pegasus found to have compromised the devices of Finland’s Ministry of Foreign Affairs, Spain’s Prime Minister, and multiple devices of UK officials.

In July, Apple introduced a ‘lockdown mode’ for its devices to protect against Pegasus hacks. Even though this mode will increase the security of the users who will use it, it will significantly reduce the user experience and limit iPhones’ functionality. However, while Pegasus is one of the most powerful tools currently on the market, the surveillance vendor ecosystem has also become more competitive. For example, Predator, spyware produced by commercial surveillance company Cytrox, infected iPhones towards the end of 2021 via single-click links sent over WhatsApp. As of today, the reach of these tools, let alone their mechanisms, is not yet fully understood by the cyber community despite extensive research efforts.

ADVERTISEMENT

Zero Click Attacks

In terms of techniques, this year, we have seen a surge in discovered  Zero click attacks. As the name suggests, these attacks require no input from the victim before deploying malware. This is because they exploit existing vulnerabilities in already installed apps, allowing threat actors to sneak past verification systems and begin their attack unnoticed. This technique mainly focuses on applications that accept and process data, for example, instant messaging and email platforms. 

We saw this in April when a new zero click iMessage exploit leveraged to install Pegasus on iPhones was discovered, running on some early iOS versions. HOMAGE’s exploit was used in a campaign against Catalan officials, journalists, and activists.

It’s important to emphasize that this technique isn’t just a threat to world leaders but everyday people and organizations. Our phones are hubs of confidential data, both personal data such as banking information and business data, with many employees now connected to their company’s networks and data via their mobiles, which multiplied over the pandemic with thousands working from home. Cybercriminals utilize this silent and persistent practice to gain as much access as possible.

Smishing attacks on the rise

In addition to Zero Click attacks, we have also observed a continuous uplift in the spreading technique known as “Smishing” (SMS Phishing), which uses SMS messages as the attack vector for malware distribution. These attempts often imitate trusted brands or personal contacts to entice the victim to click on a link or share personal details in confidence. This method has proven particularly successful as after one device has been compromised, its entire contact list is up for grabs, creating an endless cycle of possible victims. 

This is how the infamous Flubot was commonly deployed. Since its emergence in December 2020, it has been considered the fastest-growing Android botnet ever. The group is known to be particularly innovative and has claimed tens of thousands of victims, continuously seeking to improve its variants. As such, in June, an international law enforcement operation involving 11 countries led to its infrastructure being taken down and rendering the malware inactive.

Evidently, Flubot’s position could not remain vacant for too long, as a new Android malware operation called MaliBot emerged in the wild soon after. MaliBot is targeting online banking and cryptocurrency wallets in Spain and Italy, looking to replicate the success of its predecessor. At the time of writing, MaliBot is already the third most prevalent mobile malware worldwide, despite being so new, with AlienBot taking the top spot.

Safety on the App Store?

Many users turn to application stores to help keep their devices secure; unfortunately, some apps claim to help manage security risks but often contain malware themselves. The most secured stores like Google Play Store and Apple App Store have thorough review processes to investigate candidate applications before they are uploaded and are held to high-security standards once they are admitted onto the platforms. A recent report stated that throughout 2021, Google blocked 1.2 million suspicious applications, and Apple blocked 1.6 million. Resourceful cybercriminals continually try to bypass these security measures with different tactics, such as manipulating their code to pass through the filters or introducing initially benign applications and adding malicious elements later.

So, it’s unsurprising to still find malicious applications in these stores. These platforms remain the main infection vectors in mobile threats. For example, Check Point researchers recently analyzed suspicious applications on the Google Play Store and found a few of them masquerading as genuine Anti-Virus solutions, while in reality, once downloaded, the apps installed an Android Stealer called SharkBot, which steals credentials and banking information. And in February, an Android banking Trojan called Xenomorph was spotted lurking behind a fake productivity application on the Google Play Store. There were over 50,000 downloads.

It must also be noted that due to the pandemic fueling increased use of mobiles over the last two years, leveraging mobile phones for work suddenly became the new normal for many users and enterprises, which meant targeting mobile devices also became the new normal for cybercriminals. Unfortunately, the general awareness of the users of mobile phones with regards to cybersecurity attacks is much lower, and even though many of them have started leveraging their personal or work-provided mobiles for work purposes, many still do not view it as a sensitive corporate environment, being less careful of malicious emails or links they receive. 

Unfortunately, the threat landscape is evolving rapidly. Mobile malware is a significant danger to personal and enterprise security, especially as mobile devices are vulnerable to several attack vectors, from the application to the network and OS layers. Organizations should also be looking to instill proactive strategies to keep staff and corporate data safe from a potential attack to combat this risk. This must be a continuous journey as cybercriminals are relentlessly adapting and improving their tactics.

For mobile users themselves, we recommend additional safety measures such as downloading applications only from certified Google and Apple stores, and even while downloading them there – review the recommendations, and the number of downloads of a particular application, to verify that the application is legitimate. Mobile users should adopt on their mobile phones the same rules they have as on their desktop devices, such as not clicking on links from unknown senders, whether it comes via email, SMS message, or messaging applications, and not downloading files from untrusted sources.

For some businesses, it may be beneficial to employ the help of tools that fortify endpoint resilience and secure remote users. Check Point Harmony, for instance, uses real-time threat intelligence to actively guard against zero-day phishing campaigns and URL filtering to block access to known malicious websites from any browser. It also enforces conditional access, ensuring that if any device does become infected, it will be unable to access corporate applications and data. Harmony Mobile achieves all of this – and more – without disrupting employees or hampering their productivity.

Also Read: Banking-as-a-Service (BaaS) Will Hit Mainstream Adoption Within Two Years

Sundar Balasubramanian

Sundar Balasubramanian

Managing Director at Check Point India & SAARC. www.checkpoint.com

Related Posts

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment
Cloud

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

March 30, 2023
SK hynix is not sure whether to apply for US Chips Act funding: CEO
Business

SK hynix is not sure whether to apply for US Chips Act funding: CEO

March 29, 2023
PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems
News

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

March 29, 2023
AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain
Business

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

March 28, 2023
SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery
Business

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

March 27, 2023
Will never share US user data with China, says TikTok CEO
Business

TikTok CEO says, will never share US user data with China

March 24, 2023
China's smartwatch shipments declined by 9.3% in 2022: Report
News

China’s smartwatch shipments declined by 9.3% in 2022: Report

March 23, 2023
Hybrid workplace
News

78% of professionals heading back to the office by choice

March 23, 2023
Load More
ADVERTISEMENT

Expert Views

SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023
Technology Trends to Watch in 2023
Opinion

Top Technology Trends to Watch in 2023

December 21, 2022
Startups should embrace a down-round and restructure their firms: Flipkart CEO
Business

Startups should embrace a down-round and restructure their firms: Flipkart CEO

November 22, 2022

Latest Updates

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

by News Desk
2 hours ago

SK hynix is not sure whether to apply for US Chips Act funding: CEO

SK hynix is not sure whether to apply for US Chips Act funding: CEO

by IANS
22 hours ago

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

by News Desk
1 day ago

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

by IANS
2 days ago

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

by IANS
3 days ago

Will never share US user data with China, says TikTok CEO

TikTok CEO says, will never share US user data with China

by IANS
6 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-
email security interview
Cyber Security

What is email security? and its importance in securing enterprise networks

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/