Be warned: your smartphone may not be as safe as you think it is.
Security giant McAfee Labs foresees the mobile platform making up the lion’s share of cyber threat innovation next year, with ransomware – a type of malicious software that can be installed on your device — expanding on mobile devices as virtual currencies gain in popularity.
It also sees growth among attacks on social platforms like Twitter (NYSE:TWTR) and Facebook (NASDAQ:FB), improving sophistication among criminal gangs and state actors, and advanced persistent threats that expose the flaws of data centers.
“With target audiences so large, financing mechanisms so convenient, and cyber-talent so accessible, robust innovation in criminal technology and tactics will continue its surge forward in 2014,” said Vincent Weafer, senior vice president of McAfee Labs.
Here’s what to expect for 2014: Look Out: Cyber Criminals to Ramp Up Mobile Attacks in ’14 | Fox Business.