Stay Smart About Fake Smartphone Apps

Fraudsters go mobile 

Our smartphones send, receive and store tons of sensitive information about us. This includes the information-rich apps we have on our devices. 

With over 6 million apps to choose from across Apple, BlackBerry, Amazon, Android and Windows, a smartphone can virtually perform any function and can hold as much (or more) data as a full-sized computer. 

Of course, criminals will do what it takes to get that data. 

Fraudsters are taking advantage of the fact that many have shifted to mobile services, specifically mobile banking. If you’re like 77 percent of the U.S., you probably own a smartphone and use a number of apps available for your device.

Let’s explore why criminals are turning to fake smartphone apps, how they can exploit those apps to commit identity crimes, and ways to help you safeguard your personal information from these identity crime schemes.

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Researchers Discover Vulnerability in Mac Computers

Mac Vulnerability

What happened?

Macintosh security researcher Pedro Vilaca, discovered a deeply rooted vulnerability that allows hackers to gain access to certain Mac computers. By exploiting this security flaw, cybercriminals can effectively shut down your device or spy on your activities for a prolonged period of time.

Spying on users who are engaging in online banking activities or accessing sensitive data from their computer can put them at risk of identity theft and fraud. Some believe hackers may target major organizations in an effort to obtain confidential business information, similar to the Sony hack.

Symantec, a leader in data security, has since confirmed this Mac vulnerability and rated it as a “critical” threat.

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Apple, Google and Microsoft Devices Vulnerable to “FREAK” Security Flaw

FREAK security flaw

What happened?

In recent weeks, technology researchers have discovered a decade-old security flaw, dubbed “FREAK,” that leaves Apple and Google devices and Microsoft Windows PCs vulnerable to hacking.

Attackers compromise these devices through Apple’s Safari browser and Android’s default browser when the user visits certain websites, even on mobile devices. Microsoft announced in a recent advisory note that Windows PCs are also vulnerable to the “FREAK” flaw.

Mathew Green, a cryptographer from John Hopkins University shared with MarketWatch that approximately 5.04 million websites may be at risk of this vulnerability. Continue reading