Mobile applications have become indispensable across industries, from banking to healthcare. However, their rapid growth has led to an equally fast increase in security threats. The problem lies in the increasing sophistication of attacks on mobile platforms, the rising volume of data breaches, and the inadequate implementation of security measures during app development.
Supporting Data
Global Mobile Malware
- According to Statista, the number of unique mobile malware files detected globally increased from 8.5 million in 2019 to 11.5 million in 2022.
- Over 60% of mobile users reportedly fall victim to phishing scams annually.
Financial Impact
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The 2024 Cybersecurity Ventures Report predicts cybercrime damages could reach $10.5 trillion annually by 2025, with mobile threats constituting a significant portion.
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