A Juniper Networks study has found that cyber attackers have escalated their malware strategies over a one-year period to exploit mobile devices for profit.
Juniper’s third annual Mobile Threats Report revealed that malicious mobile applications have grown by 614 percent to 276,259 apps from March 2012 through March 2013, Juniper said Wednesday.
The report analyzed more than 1.85 million mobile apps and insecurities, up by more than 133 percent compared with the February 2012 analysis.
Michael Callahan, Juniper’s vice president of global product marketing for the security business, said mobile enterprises need more protection as the threat landscape increases.
“While on one hand the OEMs, carriers and software vendors must collaborate to develop platforms that mitigate large threats, enterprises and government organizations need to take a comprehensive look at protecting their data and networks by adopting a holistic approach to mobile security,” Callahan added.
More than 500 third-party Android app stores worldwide are hosting malware, Juniper said.
The report showed that 73 percent of known malware are FakeInstallers or short message service Trojans, which defraud mobile payment transactions.
Aside from malicious apps, there are also legitimate apps that could expose corporate information stored in devices, according to Juniper.