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29th April 2019

Social media fraud increased by 43 percent in 2018, says study

According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 percent of artifice originating in the mobile channel in 2018. With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores. “We expect the popularity of the mobile channel for fraud will continue through 2019, especially as cybercriminals keep finding ways to introduce tactics and technologies such as phishing and malware to the mobile channel,” the report said.

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