With the proliferation of smartphones and the explosion of downloadable applications, it was only matter of time before malware targeted mobile devices significant numbers.
That time has arrived. The number of malicious Android apps will hit one million in 2013, according to estimates from TrendMicro.
Malware that provides unauthorized access to mobile devices, making it possible to install other malicious programs or steal personal data, is particularly troubling for financial institutions.
So are the dangerous Trojans that capture mobile banking login credentials. The Zeus-like ZitMo malware, for example, is infecting 10,000 to 20,000 Android smartphones per week.
Your credit union must invest more in mobile malware detection and prevention to keep pace with increasing threats. Tell members about your ongoing security efforts and teach them how to protect themselves from mobile malware.
With the first of four debates between presidential and vice presidential candidates kicking off Monday night, CUNA is launching the next phase of its "Strong Credit Unions. Strong Middle Class" campaign, allowing stakeholders to share the credit union message.
CUNA continues to push for a delay in the Department of Labor’s overtime rule so the agency has time to fully assess the impact the plan would have on credit unions, especially smaller ones and those in non-metropolitan areas.