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Cyber Security

16% of mobile devices in developing markets now infected with malware

In emerging markets such as Brazil, Indonesia, South Africa and Thailand, 16 percent of mobile devices that processed a transaction were found to be infected with malware. 46,000 malicious apps were detected in circulation, with a global block rate of 95 percent. It is estimated that end-users in 23 markets avoided $1.3 billion in losses owing to fraudulent sign ups being blocked in 2020. ‘Games’ is the most suspicious app category in the Google Play store, surpassing ‘Tools and Personalization’ apps that were the most favored by fraudsters in 2019.

Source: https://www.helpnetsecurity.com/2021/04/27/mobile-devices-malware/

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