Stop Mobile App Fraud Where it Starts: On the Device
- Apr 15
- 1 min read
Mobile Fraud continues to rise, and attackers are getting smarter. We are excited to share with you a powerful and eye-opening latest whitepaper article from Zimperium: "Stop Mobile Fraud Where It Starts: On the Device".
This is a must-read for anyone involved in mobile security, app development, or digital strategy. In this document it discusses the growing landscape of mobile app fraud, its types, characteristics and Zimperium's proactive solutions.
The paper discusses the growing landscape of mobile app fraud, its types characteristics and Zimperium's proactive solutions.
Here are some highlights from the paper:
Mobile App usage has surged, leading to increased fraud risks
Mobile finance app fraud was estimated at over $2.64 billion globally from January 2022 to Feb 2023
Mobile Banking fraud rose from 47% in 2022 to 61% in 2023
India experienced a 29% increase in banking malware attacks, making it the highest globally
Common fraud types:
Credential Theft: Attackers use malware to steal sensitive information
Account Takeover (ATO): stolen credentials allow unauthorised access to accounts
Device Takeover Fraud: Attackers hijack devices to exploit resources
Account Opening Fraud: Fraudsters use emulators to create fake accounts
Zimperium's role in stopping Fraud:
Zimperium's Mobile Trust (SDK) enables proactive fraud prevention by assessing device risk
The SDK allows for a real-time threat detection and response without compromising user experience
Continuous updates enhance detections capabilities against evolving fraud techniques
For more information, please download the whitepapers here:
If your are interested for more information, please contact us at info@asiasinergi.com
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