IN-THE-KNOW: Top 5 Articles from the Last 7 Days

Executive Summary

Snapshot summaries are below, but here’s the 30 second update for you to be in-the-know:

  • The FTC has dropped new security guidance with clear recommendations on how to improve security.
  • BlackBerry teams up with Microsoft to secure Office 365 applications (based on Good Technology tech).
  • TechGenix covers the 5 mobile security threats that should keep you awake at night (Malicious Apps are #1).
  • Mobile banking is actually pretty secure compared to Internet banking (but there’s room for improvement).
  • And lastly there’s some interesting ways that blockchain could be used to improve the security of mobile applications, from securing identity to minimizing breaches.

Read on for More Details Below:

FTC's Mobile Security Updates and Recommendations on Mobile Device Security

The FTC has released a report with specific guidelines on security patches, associated risks and recommendations for improved security. Not surprisingly they call for better education on the security of mobile devices. They point out the complexity of the ecosystem, the inconsistent security controls applied across the ecosystem (something we can attest to from an application perspective) and the uncertain outcomes of applying security patches. The quick recommendations: Education, Start with Security, Share the Responsibility, Learn from the Past, Streamline the Security Update Process and Embrace Greater Transparency.

BlackBerry teams with Microsoft to secure Office apps on mobile devices

BlackBerry is leveraging their portfolio of acquisitions across Good Technology, WatchDox and AtHoc to team up with Microsoft and provide a ‘hyper-secure’ way for customers to access Office 365 Mobile Applications. The product, called BlackBerry Enterprise Bridge will allow enterprises and governments to securely use Microsoft applications within the BlackBerry Dynamics container.

Mobile Security Threats That Will Cause You Sleepless Nights in 2018

TechGenix covers a host of mobile threats that should keep any C-Suite awake at night. Here’s their rundown:

#1 Malicious Apps
#2 Mobile Botnets
#3 Ransomware
#4 Phishing Attacks
#5 IoT-based Attacks

How Secure is Mobile Banking?

Here’s the consensus from the article: Mobile Banking apps are ‘generally’ more secure than your average app (though Accenture reported at least 1 security flaw in each of 30 banking apps they analyzed). Interestingly they call out mobile banking as being more secure than banking on the Internet (aka via your desktop browser). The article calls on banks to do a better job of informing customers about the security and privacy of mobile banking. Lastly, one word of caution: be careful with payment applications.

How Does Blockchain Boost the Security of Mobile Apps?

Blockchain has significant potential beyond cryptocurrencies and this article outlines several use cases that can be applied to improve the security of mobile applications, including:

#1 No need to use a password
#2 No breaching of information on the blockchain
#3 Securing the infrastructure
#4 Securing the identity

The article does call out the importance of choosing the right blockchain platform, and that the technology overall is still nascent, so tread carefully.

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