More than $1 million stolen from Android users in 2011, mobile threats to increase in 2012

By on December 14, 2011 at 10:15 AM.

More than $1 million stolen from Android users in 2011, mobile threats to increase in 2012

The Carrier IQ scandal has shifted attention from malicious mobile threats to carrier-sourced spyware over the past month, but a new¬†report suggests the threat of more serious mobile malware continues to intensify. More than $1 million was stolen from Android smartphones alone in 2011 according to Lookout Mobile Security, which pulled data from more than a million apps and 15 million handsets around the world to compile its 2012 Mobile Threat Predictions¬†report. The likelihood of an Android user encountering malware grew from 1% to 4% in 2011, and Lookout expects the trend to continue in 2012. Read on for more. More →

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Investment in mobile security to climb 44% annually through 2015

By on October 7, 2011 at 8:15 AM.

Investment in mobile security to climb 44% annually through 2015

Investment in mobile security will increase 44% annually through 2015 according to a recent research report from Canalys. Reportedly, just 4% of smartphones shipped last year were sold with security software pre-installed. Canalys suggests that, by 2015, more than 20% of all smartphones and tablets will run some form of security software and mobile security will be a $3 billion market. The research firm attributes the growth to an increase in pressure from enterprise customers, and it expects the usage of client security products such as antivirus software, VPN encryption and firewalls will grow an average of 54.6% annually to 2015. “Enterprises must adopt a holistic view of mobile security, as there is no single solution that provides complete protection,” research analyst Nushin Hernandez said. “A more robust approach, even compared to that used to protect typical notebooks and desktops, is needed.” Read on for the full press release from Canalys. More →

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