• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring home
  • News
  • Products
    • Overview
    • Distribution by PR Newswire
    • Cision Communications Cloud®
    • Cision IR
    • Sponsored Placement
    • All Products
  • Contact
    • General Inquiries
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices

 

When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • Sponsored Placement
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

IBM Sponsored Study Finds Mobile App Developers Not Investing in Security

New IBM Mobile Threat Management Technology Helps Combat Mobile Malware

IBM Corporation logo

News provided by

IBM

Mar 19, 2015, 08:00 ET

Share this article

Share this article


ARMONK, N.Y., March 19, 2015 /PRNewswire/ -- IBM Security (NYSE: IBM) and the Ponemon Institute today announced research unveiling an alarming state of mobile insecurity. The findings show nearly 40 percent of large companies, including many in the Fortune 500, aren't taking the right precautions to secure the mobile apps they build for customers. The study also found organizations are poorly protecting their corporate and BYOD mobile devices against cyber-attacks – opening the door for hackers to easily access user, corporate and customer data.

Continue Reading
IBM and the Ponemon Institute Research Reveals Alarming State of Mobile App Security
IBM and the Ponemon Institute Research Reveals Alarming State of Mobile App Security

The number of mobile cyber-security attacks is continuing to grow. At any given time, malicious code is infecting more than 11.6 million mobile devices1. The Ponemon Institute and IBM Security study, which researched security practices in over 400 large organizations, found that the average company tests less than half of the mobile apps they build. Also, 33 percent of companies never test their apps - creating a plethora of entry points to tap into business data via unsecured devices. While these numbers may seem shocking, they aren't surprising when considering that a full 50 percent of these organizations were found to devote zero budget whatsoever towards mobile security.

"Building security into mobile apps is not top of mind for companies, giving hackers the opportunity to easily reverse engineer apps, jailbreak mobile devices and tap into confidential data," said Caleb Barlow, Vice President of Mobile Management and Security at IBM. "Industries need to think about security at the same level on which highly efficient, collaborative cyber criminals are planning attacks. To help companies adopt smart mobile strategies, we've tapped the deep security expertise of IBM Security Trusteer, bringing what we've learned from protecting the most sensitive data of complex organizations - such as top global banks - and applying it to mobile."

Hackers are now taking advantage of the popularity of insecure mobile apps, public Wi-Fi networks, and more to break into the highly valuable data often housed on BYOD and corporate mobile devices. Further, they're also tapping mobile devices as an entry portal into an organization's broader, highly confidential internal network.

The Ponemon Institute Unveils an Alarming State of Mobile Insecurity

The new study, conducted by the Ponemon Institute with IBM, has found major security flaws in the ways which most organizations build and deploy mobile apps for their customers. The organizations studied, of which 40 percent are Fortune 500 companies, operate in industries which work with highly sensitive data, including financial services, health and pharmaceutical, the public sector, entertainment and retail.

Among the organizations, each spent an average of $34 million annually on mobile app development. Of this tremendous budget, however, only 5.5 percent is currently being allocated to ensuring that mobile apps are secure against cyber-attacks before they are made available to users. A full 50 percent of companies devote no budget to security.  

Tending to prioritize speed-to-market and user experience, the study found that many of these organizations scan their mobile apps for security vulnerabilities infrequently and much too late – if at all – leaving entry points which hackers are increasingly exploiting. These holes allow cyber-thieves to gain access to confidential business and personal data through BYOD or corporate mobile devices. According to IBM X-Force research, in 2014 alone, over 1 billion pieces of personally identifiable information (PII) were compromised as a result of cyber-attacks2. 

During the creation of mobile apps, end user convenience is trumping end user security and privacy. According to the study, 65 percent of organizations state the security of their apps is often put at risk because of customer demand or need, and 77 percent cite "rush to release" pressures as a primary reason why mobile apps contain vulnerable code.  

Of the companies that actually do scan for vulnerabilities before deploying apps to the market, only 15 percent of them test their apps as frequently as needed to be effective.

As BYOD Rises, Mobile Risks Increase

BYOD has become increasingly popular, if not a necessity, for organizations. The challenge arises when employees connect to unsecured networks or download insecure apps from untrusted sources, which leave the device vulnerable to malware. As uncovered by the Ponemon Institute's findings, even apps from trusted organizations and available in traditional app stores can carry enormous risks.

According to the Ponemon study, though most employees are "heavy users of apps," over half (55 percent) state their organization does not have a policy which defines the acceptable use of mobile apps in the workplace, and a large majority – 67 percent – of companies allow employees to download non-vetted apps to their work devices. Additionally, 55 percent of organizations say employees are permitted to use and download business apps on their personal devices (BYOD).

IBM MobileFirst Protect Adds Mobile Threat Management

To defend against cyber-criminals taking advantage of this immense opportunity, IBM has introduced a new mobile threat management (MTM) technology into its IBM MobileFirst Protect offering (formerly MaaS360). Using advanced cyber-threat and intelligence technology, IBM MobileFirst Protect Threat Management automatically detects suspicious activities on mobile endpoints, and stops malware the moment a device is breached. Delivered through the cloud and updated over-the-air, this technology enables organizations to be well-armed at all times against rapidly evolving and sophisticated threats and attacks.

IBM MobileFirst Protect Threat Management now provides automatic and highly intuitive protection against would-be hackers, who are increasingly targeting corporate and personal mobile devices (BYOD) used for work. Built by IBM Security, the offering's new threat management technology integrates the flexible power of cloud, the comprehensive control of enterprise mobility management, and the most sophisticated defense tools yet created against malware and mobile fraud.

To try IBM MobileFirst Protect Threat Management for free, visit http://bit.ly/1DG5AtF.

To download the Ponemon Institute's report, "The State of Mobile Application Insecurity" go to http://ibm.co/1F595xW. For more information, visit http://www.ibm.com/security.

About IBM Security

IBM's security platform provides the security intelligence to help organizations holistically protect their people, data, applications and infrastructure. IBM offers solutions for identity and access management, security information and event management, database security, application development, risk management, endpoint management, next-generation intrusion protection and more. IBM operates one of the world's broadest security research and development, and delivery organizations. For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

  1. Arxan Technologies, https://www.arxan.com/assets/1/7/Arxan_Application_Protection_with_IBM_Trusteer_-_Solution_Brief.pdf
  2. IBM X-Force Threat Intelligence Quarterly 1Q 2015 http://ibm.co/1wEMKV3

CONTACT: Erin Lehr, 212-671-9363

Photo - http://photos.prnewswire.com/prnh/20150318/183095-INFO
Logo - http://photos.prnewswire.com/prnh/20090416/IBMLOGO

SOURCE IBM

Related Links

http://www.ibm.com

Modal title

Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom

My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2022 Cision US Inc.