Smartphones — over the past decade, they have become an indispensable tool of daily life. We use these pocket-size computers for everything. This has always made them a top target for cybercriminals.
Given that we use our phones for sensitive transactions, like online banking, or something seemingly more innocuous like social media, which can accidentally make our most private information vulnerable, it is important to stay safe when using your phone. Iovation reports that in 2019, 59 percent of “risky transactions” in North America transpired on mobile devices. They found that telecommunications is the industry that sees the most mobile fraud, at 75 percent. The previous year, gambling was the most targeted industry, at 60 percent.