Enterprise Mobility Threat Defense Begins With Knowledge

Contributor: Jason Koestenblatt
Posted: 10/18/2017
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Mobile Malware

The old adage “knowledge is power” goes back more than 400 years, yet in today’s data-rich technology world, many enterprises are lacking insight, which leads to a feeling powerlessness.

Such is the case when it comes to mobile malware. Enterprises are going mobile to create cost and time efficiencies as well as comfortability for employees. However, they continue to turn a blind eye to the depths of malware attacks and the need for mobile threat defense.

Before Q3 of 2017 ended, the world saw incredible, widespread attacks in the form of WannaCry, NotPetya, and even the Equifax hack. Organizations tend to rely on security companies with products they don’t quite comprehend to protect them. IT teams will say they have a security solution in place, but some of the most high-profile companies in the world are falling victim to these rogue malware attacks.

First, what is malware? It’s short for malicious software, or any type of software created for the intention of causing damage to a device without the owner’s knowledge. Sounds simple, but that term is a massive umbrella of threats, many of which aren’t known or understood by enterprise IT and security professionals.

How prolific has malware become? In 2016 alone, nearly 40 million malicious malware installation packages were found striking mobile devices around the globe.

Interested in learning more about this topic?
Wandera
The Current State of Mobile Malware

Mobile malware has a variety of categories and sub-categories that most enterprise security teams don't know about. 

As previously reported by Enterprise Mobility Exchange, about 3% of enterprise mobile devices are infected by malware, with companies spending up to 13% of total IT budget just to triage a widespread mobile malware infection. Additionally, 54% of companies responding to a Ponemon Institute survey said their enterprise suffered a mobile malware infection in the last 24 months, while 12% said they didn’t know one way or another.

See related: What’s The True Cost Of A Data Breach?

Mobile malware attacks aren’t slowing down, either. It seems for every attack or new form of malicious software recognized by an IT team, several more are created. Mobile ransomware attacks were up 253% in Q1 of this year compared to the same time frame in 2016, hitting devices in 190 countries. The U.S. was hardest hit, and the average ransom to unlock a device ranged between $100 and $500.

See related: U.S. Hardest Hit By Mobile Ransomware In 2017

What businesses need to understand is what mobile malware really is, and how deep it goes; the differences between malicious infections across the most popular operating systems, specifically Android and iOS; and with that information, how the mobile fleet can now be protected.

The onus of protecting enterprise mobile devices falls directly on the IT managers who deploy and oversee their daily operations, but it begins with insight and knowledge to help base decisions of how to secure the threat landscape.

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Jason Koestenblatt
Contributor: Jason Koestenblatt