An innovative mobile app with the capabilities to boost mobile device cybersecurity, identify fake apps, uncover data leaks and provide cyber situational awareness India | February 8, 2022 – CYFIRMA, an external threat platform management company funded by Goldman Sachs, Zodius Capital and Z3Partners, today announced the launch of DeFNCE, a mobile app to help users build cybersecurity habits such as how to set a secure password, learn about emerging cyber threats such as phishing campaigns and other social engineering lures, and be aware of cybercriminals targeting apps they have installed. According to App Annie Mobile App Landscape Report, there were 218 billion app downloads in 2020, time spent in financial apps increased by 45% globally, and m-commerce saw massive growth. Likewise, social media apps, video streaming apps, and gaming apps have all seen a surge in recent times as the world’s population migrates to mobile and digital formats for work and play. In CYFIRMA’s research, threat actors and cybercriminals increasingly view mobile devices as attack surfaces to conduct not only scams, but also cyber espionage. The company predicts that in 2022, cybercriminals will launch attacks to take control of mobile devices and demand ransom, knowing that many will succumb to extortion tactics. DeFNCE redefines mobile security as the only application capable of providing a secure browsing experience by using advanced algorithms to discover the user’s digital risk profile and warn them against snooping, phishing, ransomware, software malware and other cyber threats. The application contains more than 1 million data sources to draw user’s attention to emails and passwords that have been stolen or leaked in underground markets, specific hacking campaigns planned by cyber criminals to compromise banking and other sensitive applications, and help user to verify device settings. comply with cyber security standards. “Mobile internet and mobile apps are no longer just a place to check email or watch cat videos on YouTube, they’re also a way to find news, connect with friends and family, and to do business on the go. But it’s also a wild way full of unknown threats that can turn your digital footprint into a veritable crime scene. These threats can take many forms – cybercriminals looking to steal your identity, phishing campaigns to trick you into disclosing confidential data, and even state statements sponsored attacks to collect sensitive information,” said Kumar Ritesh, Founder and CEO of CYFIRMA. “That’s why we created DeFNCE to be that mobile device bodyguard for the everyday mobile user. DeFNCE is the first layer of protection for anyone who owns a smartphone and wants to stay away from the prying eyes of cybercriminals.” DeFNCE contains the following functions to protect the data and digital identity of the mobile device user ● Check level of cyber risk based on a device scan ● Protect digital identity and email ● Be assured that device configuration and settings provide the best security ● Be alerted to cybercriminals targeting apps that have been downloaded on the phone ● Be cyber savvy, stay updated with the latest cyber criminal activities DeFNCE Features: ● Risk Score – Critical, High, Medium and Low rating is provided to each user with recommended actions to reinforce immediately security posture ● Explore – User can develop personal cyber situational awareness and learn the latest Cyber Security Events ● Data Leaks – Get alerted to emails and credentials that have been leaked and are circulating on dark web markets ● Mobile Cyber Hygiene – Check that Wi-Fi, Bluetooth, permission settings, mobile device OS version and others are configured correctly ● App Health – Monitor phishing attacks where criminals disguise apps and seek to take advantage of the user In the past 12 months, CYFIRMA has seen nearly 10 times cyberattacks targeting mobile phone users. The company observed fake apps created by hacking groups to collect sensitive data, steal behavior data, profile customer interest, and other malicious activities. Phishing campaigns that mimic legitimate apps have also become common. Hackers also exploit connection layers to install surveillance applications.
Mobile devices will continue to attract more attention from cybercriminals and nation-state threat actors in 2022. They can be perfect spy tools attached to a treasure chest of valuable data. Unlike desktop platforms, the mobile app lacks mature and robust security controls to prevent and detect phishing, command and control traffic, credential theft, etc. and spam aimed at stealing credentials or tricking users into installing malicious/fake apps. Even mobile device management platforms can be targeted in supply chain attacks to gain a foothold in an organization’s networks.
Attacks on mobile devices and operating systems like Android and iOS will increase in 2022 as cybercriminals seek to plant similar/malicious apps and exploit legitimate software. Don’t overlook or neglect mobile security, enforce strict security policies, limit the number of apps installed on any device, and minimize the area used for social engineering. The mobile phone has become an absolute necessity, directing all aspects of our lives. In 2022, cybercriminals will mount attacks to take control of mobile devices and demand ransom knowing that many will succumb to extortion tactics.
The app is free and now available on Google Play Store and iOS App Store. CYFIRMA is targeting 1 million downloads in India. ABOUT CYFIRMA CYFIRMA is an external threat landscape management platform company. We combine cyber intelligence with attack surface discovery and digital risk protection to deliver predictive, personalized, contextual, external and multi-layered insights. We leverage our cloud-based analytics platform powered by AI and ML to help organizations proactively identify potential threats at the planning stage of cyberattacks. Our unique approach of providing the hacker’s perspective and in-depth insights into the external cyber landscape has helped clients prepare for attacks to come.
CYFIRMA works with many Fortune 500 companies. The company has offices located in the United States, Japan, Singapore, EU and India.
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