The process for downloading apps on mobile devices seems straightforward: stick to trusted platforms and avoid third-party sources. However, a new wave of malware discovered in apps from reputable stores is raising alarms, urging businesses to take extra precautions when selecting tools for mobile devices. The growing risk of hidden threats such as Trojans, ransomware, and spyware means businesses must remain vigilant about application security and mobile device management.

The Growing Risk to Mobile Devices

While downloading apps from official stores like the Apple App Store or Google Play is far safer than using untrusted sources, it doesn’t eliminate risk entirely. Apple, for instance, employs a rigorous review system for apps, rejecting millions of submissions each year. Google Play has similar measures to scan for potential security issues. Despite these efforts, malware continues to slip past these safeguards.

Rather than relying solely on traditional methods like keyloggers or deceptive tricks to gain access to sensitive data, some malware now hides in app updates or within the software development kits (SDKs) that third-party developers use to create their apps. This allows the malware to bypass initial security checks, remaining undetected until it can do significant harm.

Security researchers from Kaspersky have revealed several types of malware recently discovered in app stores, including:

• Programs masquerading as browsers, dating apps, or even credit card services, designed to steal banking information.
• Malware embedded in AI tools that use Optical Character Recognition (OCR) to extract sensitive data from screenshots, such as login details or payment information.
• Loan apps that offer quick financing but require access to personal data, which hackers can then use for extortion.

Any form of malware can pose a serious threat to your business. Exposed sensitive information can result in costly data breaches, damage to your reputation, and significant financial losses.

How to Safeguard Your Business Against Malware in Apps

Establishing clear guidelines for which apps can be installed on company devices is a crucial step in protecting your business from hidden threats. Limiting employees to downloading apps only from official app stores is a good strategy, but it’s important to remember that even these apps can sometimes contain security flaws.

So, how can you minimize the risk of malware infecting your organization through mobile apps?

• Regularly educate your team on safe app usage and how to spot potential threats.
• Enforce strict app installation policies that allow only vetted apps on company devices.
• Perform routine security audits to identify and address mobile app risks promptly.
• Set up continuous monitoring to detect and respond to threats as they arise.
• Use mobile device management (MDM) systems to ensure proper control and protection of employee devices.
• Take a proactive stance on application security to safeguard your sensitive data and ensure business continuity.

By focusing on security and staying proactive, businesses can better defend against the growing threat of malware in mobile apps..