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When we use cellphones we become perfect marks for criminals who want us to click on their malicious links and trick us into giving away our log in credentials to mobile banking.
Trend Micro Vice president of Cyber Security Tom Kellerman discusses looming cyber attacks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
About 70% of computers infected with this threat are in the US, according to antivirus firm Trend Micro
Android vulnerabilities, increased online banking threats and availability of sophisticated, inexpensive malware toolkits are among the growing concerns cited in Trend Micro's Q2 2013 Security Roundup Report.
Encrypted data at some point has to be decrypted for use, and that's where the security of the system can break down. That's not the only risk, however. "If a service provider holds the keys and someone comes knocking on the door with a lawful request ... the enterprise would not know that its information has been handed over," said PrivateCore's Vice President for Marketing Todd Thiemann.