Many people have relied on technology to help them navigate today’s ever-changing world. Mobile devices have become an integral part of our daily lives, used for business, social media, and location navigation.
Smartphones have more applications because of their increased capabilities; this is a far cry from the call-and-text era of two decades ago. The possibilities are limitless today.
Its rapid growth poses a threat to the security and availability of digital applications. Mobile account takeovers have increased by 78.6 percent between 2017 and 2018. Many of these malicious files target mobile devices. A series of SIM-swapping attacks on prominent victims in the US in 2020 resulted in a cryptocurrency loss exceeding USD100 million.
Mobile Security Threats
It is essential to be aware of the potential threats to your security as technology improves.
- Phishing attacks are digital messages that come in SMS and emails that redirect users to documents that require their usernames, passwords, and other vital information to access their digital accounts.
- Mobile Account Takeover: Fraudsters can use the account credentials obtained by credential manipulation, stuffing, or phishing. They take control of the account by using the user’s number to send text messages that are part of two-factor authentication.
How to Prevent Poor Phone Security
Mobile users are encouraged to use their phones’ security features such as facial and fingerprint recognition, eKYC portal, and FIDO2 or Fast Identity Online protocols. FIDO2 certification aims to eliminate weaknesses created by password use. Passwordless authentication is, as you know, free from passwords and usernames.
FIDO2 key also allows for private, unique transactions that are more secure and private than traditional password authentication.
Let this blog by LoginID guide you about how to secure your mobile phone and digital accounts.