Did You Know...

11/16/2012

The FBI and the National White Collar Crime Center are working together to receive and investigate internet related criminal complaints. Most recently, they’ve been getting new reports of malware attacking Android operating systems for mobile devices.
Some of the latest known versions of this type of malware are Loozfon and FinFisher. Loozfon is an information-stealing piece of malware. Criminals use different variants to lure the victims. One version is a work-at-home opportunity that promises a profitable payday just for sending an email. A link within these advertisements leads to a website that is designed to push Loozfon on the user's device. The malicious application steals contact details from the user’s address book and the infected device's phone number.
FinFisher is a spyware capable of taking over the components of a mobile device. When installed the mobile device can be remotely controlled and monitored no matter where the Target is located. FinFisher can be easily transmitted to a Smartphone when the user visits a specific web link or opens a text message masquerading as a system update.
To avoid becoming a victim, here are some suggestions to help protect your mobile device:

  1. When buying a Smartphone, know the features of the device, including the default settings. Turn off features of the device not needed to minimize the attack surface of the device.
  2. Review and understand the permissions you are giving when you download applications.
  3. Passcode protect your mobile device. This is the first layer of physical security to protect the contents of the device. In conjunction with the passcode, enable the screen lock feature after a few minutes of inactivity. 
  4. Obtain malware protection for your mobile device. Look for applications that specialize in antivirus or file integrity that helps protect your device from rogue applications and malware
  5. Be aware of applications that enable Geo-location. The application will track the user's location anywhere. This application can be used for marketing, but can be used by malicious actors raising concerns of assisting a possible stalker and/or burglaries.
  6. Do not allow your device to connect to unknown wireless networks. These networks could be rogue access points that capture information passed between your device and a legitimate server.
  7. If you decide to sell your device or trade it in, make sure you wipe the device (reset it to factory default) to avoid leaving personal data on the device.
  8. Smartphones require updates to run applications and firmware. If users neglect this it increases the risk of having their device hacked or compromised.
  9. Avoid clicking on or otherwise downloading software or links from unknown sources.

If you have questions about anything related to this article, give us a call or stop by the office. Our financial experts are always happy to help.