Trend Micro's Q2 Threat Roundup Reveals Android Susceptibility, Increase in Online Banking Malware

 Trend Micro's Q2 Threat Roundup Reveals Android Susceptibility, Increase in
                            Online Banking Malware

Expect more Android security issues in 2013 due to increase in malware, low
use of protection

PR Newswire

CUPERTINO, Calif., Aug. 6, 2013

CUPERTINO, Calif., Aug. 6, 2013 /PRNewswire/ -- Android vulnerabilities,
increased online banking threats and availability of sophisticated,
inexpensive malware toolkits are among the growing concerns cited in Trend
Micro's (TYO: 4704; TSE: 4704) Q2 2013 Security Roundup Report. This report is
a quarterly analysis by the Trend Micro Threat Analysis Team that describes
cyber-security threats from the previous quarter combined with analysis to
evaluate and anticipate emerging attacks.

Android devices are directly in the crosshairs of hackers as threats
proliferate and the user-base expands with little thought given to security.
The Security Roundup Report shows the number of malicious and high-risk
Android apps has grown to 718,000 in the second quarter – a massive increase
from the 509,000 high-risk apps found in the previous quarter. These malicious
apps are on track to exceed one million by year's end, as predicted by Trend
Micro in the 2013 forecast. By way of comparison, it took a decade for PC
malware to amass this number.

According to Linda Barrabee, Research Director, Connected Intelligence at The
NPD Group, approximately only 30 percent of all Android smartphones and
tablets in the U.S., have any type of security app installed today. This fact,
Trend Micro warns, combined with the Android network's systemic problems leave
a large number of Android devices exposed to a risk that will continue to
spread.

"Due to the fractured nature of the Android network, it is very difficult for
patches to reach all users in an effective timeframe. In some cases, users
will never get patches as vendors leave their customers at risk of attack," JD
Sherry, vice president, technology and solutions, Trend Micro. "Until we have
the same urgency to protect mobile devices as we have for protecting PCs, this
very real threat will continue to grow rapidly. At the rate this malware is
accelerating – almost exponentially – we appear to be reaching a critical
mass. To fight this, Android users need to take great care when using their
devices and take the simple, but effective, step of adding security software
to all mobile devices."

Online Banking:
The Trend Micro report also warned of increasing hazards to online banking,
which saw malware increasing 29 percent from the previous quarter – from
113,000 to 146,000 infections. The U.S. was the top target of malware, with
more than one million instances amounting to 28 percent of global compromises,
followed by Brazil at 22 percent and Australia at five percent. Preventative
measures, such as closely monitoring account activity and using third-party
security solutions, will help mitigate this growing threat.

Malware Toolkits:
Adding to this onslaught of cyber-security risks, the Trend Micro report found
that the methods for selling malware toolkits have evolved. Sophisticated
malicious tools are now being sold via inexpensive, free or bundled pricing
schemes, such as two-for-one packages. The ease of access to these effective
malware toolkits increases the hazards Internet users will face going into the
remainder of 2013 and beyond.

For the complete report, please visit:
http://about-threats.trendmicro.com/us/security-roundup/2013/2Q/mobile-threats-in-full-throttle/

A blog post regarding the report can be viewed here:
http://blog.trendmicro.com/trendlabs-security-intelligence/mobile-threats-in-full-throttle

About Trend Micro
Trend Micro Incorporated, a global leader in security software, strives to
make the world safe for exchanging digital information. Our solutions for
consumers, businesses and governments provide layered data security to protect
information on mobile devices, endpoints, gateways, servers and the cloud.
Trend Micro enables the smart protection of information, with innovative
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ecosystem. All of our solutions are powered by cloud-based global threat
intelligence, the Trend Micro™ Smart Protection Network™ infrastructure, and
are supported by over 1,200 threat experts around the globe. For more
information, visit TrendMicro.com.

SOURCE Trend Micro Incorporated

Website: http://www.trendmicro.com
Contact: Thomas Moore, thomas_moore@trendmicro.com, 972-499-6648
 
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