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Feb 27 2021

Fintech Blend Explains how its Digital Lending Platform Supports Data Connectivity so Borrowers can Connect to Asset, Payroll, Tax Accounts

San Francisco-based Blend, which claims to offer market-leading digital lending technology that makes the process of acquiring a loan simpler, faster, and safer, notes that in the increasingly competitive lending sector, it’s now more important than ever to work with technology that provides your clients the best user experience (UX) possible.

According to Blend, an “obvious” choice may be a “targeted point solution” — they are often marketed as offering services that are “specialized” for the mortgage sector. However, when you are trying to piece together “fragmented” experiences across multiple point solutions, you’re probably failing to offer the “seamless, end-to-end process” that consumers have started to expect from service providers, Blend noted.

Blend recommends that lenders may look for a tool that “goes beyond the basics” — one that is capable of growing with their organization, can offer flexibility, improve continuously, while supporting “long-term agility.” The Blend team writes in a blog post that if you’re looking to “maximize the positive effects of transformative technology for customers now while setting up your organization for a successful future, a unified mortgage lending solution can offer the right capabilities.”

Blend points out that “consistency” and “continuity” are essential to “the success” of a mortgage lending product or solution. They also mentioned that with a more cohesive platform, your team and clients may “rely on a dependable, streamlined journey instead of a disjointed experience across multiple systems.” As noted by Blend, a unified platform “integrates easily across existing technology stacks, offers a holistic view of customer touchpoints, and streamlines document collection into one hub.”

The Blend team added:

“With Blend’s Digital Lending Platform, applicants can complete conditions by connecting their financial accounts, utilizing mobile document upload, and providing signatures through e-sign tools. Through one portal, we provide a sense of stability and security by delivering a seamless experience across the board.”

Blend claims that no matter how “impressive” or “efficient” your mortgage lending platform might be, your actual results will be “hindered by an application experience that fails to meet customer needs — a fantastic back-end won’t have any impact if borrowers don’t complete the application, after all.”

While commenting on how to offer the “best” application experiences, Blend notes that their product specialists recommend the following:

  • Conversational interfaces with “clear, easy to understand guidance and language”;
  • Embedded data connections that “provide applicants with easy access to their information, speeding up the application process and minimizing manual data entry”;
  • User-centered design with “answers to common questions built into the process”;
  • Intelligent metrics that “gather insights into how consumers interact with the application, so lending teams can focus on continual improvement”;
  • Rapid document requests “to help accelerate the loan cycle”;
  • Omnichannel services that “meet consumers where they are and allow loan teams to seamlessly start applications over the phone, in person, or send a link to borrowers to complete on their preferred device”

The Blend team further noted that loan officers, processors, and underwriters may get “weighed down by manual work.” When mortgage lending solutions are able to leverage automation to provide greater efficiency for lending teams, “time opens up to handle more loans and focus on building customer relationships,” Blend explained.

The Fintech firm also mentioned:

“Blend’s Digital Lending Platform features data connectivity, which allows borrowers to connect to their asset, payroll, and tax accounts. When applications are completed, our platform helps identify any potential red flags to surface issues and reduce manual downstream work. Blend’s intelligent automation prompts the borrower with questions for further explanation and can create a gift letter template to quickly review, edit, and sign — all within the same process and portal.”

Blend also mentioned that strong insights are “the foundation for building a strong strategy and positioning your financial institution well for any market condition.” By using analytics and reporting tools, lenders are able to identify “process bottlenecks” and “team inefficiencies” well before they can “negatively impact the bottom line.”

When selecting a reporting tool, Blend suggests looking at the reporting dashboard to quickly check “high-level insights and metrics within a helpful hub.”

They also suggest looking at interactive reports to “track trends over time with pre-built data visualizations.” Additionally, you may check out generated reports “when you need a finer-tuned analysis with tailored information incorporated, this feature allows you to create and download customizable reports.”

You may also view the reporting API to “achieve even deeper customization with an API that enables your team to securely import data into your tool of choice.”

Blend concludes:

“Our full Mortgage Suite can help you deliver a seamless digital mortgage experience through a single platform — powered by automated verification and workflows, a seamless application experience, and the reporting tools your organization needs to thrive.”

As covered, Blend has also explained how relationship banking can be “reframed” for an “increasingly digital” environment following the COVID outbreak.

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Written by bizbuildermike · Categorized: Crowdfunding · Tagged: analysis, api, automation, Banking, blend, blog, connectivity, data, data visualizations, Design, digital, digital lending, end-to-end, Environment, fintech, Future, information, lending, LINE, market, Mobile, more, mortgage, Mortgages, online lending, outbreak, payroll, product, red, San Francisco, security, Strategy, tax, Teams, Technology, United States, us, user experience, ux, verification, view, work

Feb 25 2021

Chrome OS Now Second-Most Popular Desktop Operating System

Chrome OS Now Second-Most Popular Desktop Operating SystemChrome OS Now Second-Most Popular Desktop Operating System

For the first time in the annual desktop operating system market share reports, Chrome OS has passed macOS. According to 2020 numbers from market data firm IDC and a report on IDC’s data by publication GeekWire, Microsoft Windows still holds a commanding lead with more than 80 percent market share followed – for the first time – by Chrome OS with 10.8 percent and macOS with 7.5 percent. 

As students in many communities have had to attend class virtually from home and their parents have had to do work remotely, too, PC sales jumped during the year. Chrome OS was a big part of that. The reality is, the COVID-19 pandemic has brought about exceptional shipment numbers for the notebook computer industry, with Chromebooks showing the most remarkable growth.

Increase Usage Means Increase Risk

Unfortunately, the door is open for attackers to potentially breach Chromebooks.

Chromebooks aren’t protected by traditional anti-virus solutions, unlike traditional desktops. The methods the “bad guys” use are the exact same methods they use to breach an Android or iOS device.

Meaning – for the school districts providing Chromebooks for remote education – students, teachers and administrators are facing the same privacy and security threats associated with laptops and mobile devices, without the same security measures. 

And while mandated content filtering prevents students from accessing inappropriate websites from their Chromebooks – an outgoing risk –  incoming risks perpetrated by predators or even fellow students are not being addressed.  

These risks and threats include:

  • Bad WiFi: Loss of personal information, including grades and health data.
  • Phishing: Stolen credentials could be used to steal money or even compromise social media accounts.
  • Malicious App: Spyware and other malicious apps could expose data or deliver a device exploit.
  • OS Exploit: Cameras and microphones can be turned on, anytime day or night.
  • Risky App: Private information can be shared without any user knowledge or consent.

zIPS for Chromebooks

zIPS for Chromebooks is the first and only comprehensive, on-device, machine learning-based security solution for Chromebooks. Through the same machine learning-based technology that has been detecting and preventing attacks on millions of iOS and Android endpoints for years, zIPS for Chromebooks: 

  • Identifies and blocks users from accessing phishing sites;
  • Detects malicious Wi-Fi networks and alerts users to disconnect from the network; and
  • Assesses all Android apps for undesired violations of privacy, or unsecure development practice.

zIPS for Chromebook’s on-device design also protects user privacy and provides local, continuous assessments of the endpoint. Additionally, administrators finally have centralized visibility into any attacks. Quick action and events can be correlated and viewed in external SIEM and data collection services.

For more information

To learn more about zIPS for Chromebooks, please contact us. 

Previous Zimperium Mobile Security Blog PostPrevious Zimperium Mobile Security Blog Post Let’s Protect More than 40% of our Endpoints

Chrome OS Now Second-Most Popular Desktop Operating System

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Written by bizbuildermike · Categorized: Mobile Security · Tagged: 2020, android, Apps, blog, breach, chrome, Chrome OS, Chromebooks, consent, covid-19, data, data collection, Design, Education, events, exploit, health, information, iOS, laptops, market, Media, Microsoft, Mobile, mobile devices, Mobile Security, money, more, operating system, other, pandemic, parents, Phishing, Privacy, remote learning, report, risk, security, social, Social Media, Technology, websites, WiFi, work, ZIMPERIUM, zIPS

Feb 18 2021

Blockchain Platform Qtum Teams Up with Blockpass to Provide On-Chain KYC Services

Blockchain platforms Qtum and Blockpass have teamed up in order to deliver on-chain (or blockchain-based) Know-Your-Customer (KYC) services.

As part of the agreement, Qtum will be providing subsidies to “specific” members looking to achieve regulatory compliance through Blockpass’s On-chain KYC solutions.

Adam Vaziri, CEO at Blockpass, stated:

“We’ve known and been fans of the Qtum team and network for a long time, and it’s great to have the opportunity to work closely with them. The Qtum network is innovative, and we’re excited to be able to bring the benefits and possibilities of On-chain KYC to developers and users alike. Facilitating fast, simple and efficient regulatory compliance on Qtum creates more opportunities for everyone, and spreads the phenomenon of On-chain KYC to an even wider audience.”

Qtum Co-founder Jordan Earls noted that on-chain KYC will become a vital component for many different protocols on the decentralized web or Web 3.0. He added that instead of hindering or inhibiting innovators who are focused on complying with regulations while enabling new technologies, the Qtum Foundation would “like to support those builders by backing Blockpass’ expansion to the Qtum blockchain.”

Earls added:

“Blockpass’ solution has exceeded our expectations when it comes to cost, which is an order of magnitude cheaper than traditional services, and its ability to only allow non-sensitive pieces of information to touch the blockchain.”

Qtum is an open-source, public (or permissionless) blockchain or distributed ledger technology (DLT) platform that aims to leverage the security of unspent transaction outputs (UTXOs) along with Ethereum Virtual Machine (EVM) smart contracts.

Secured by a proof-of-stake consensus mechanism, Qtum has introduced its own Decentralized Governance Protocol (DGP) that allows specific blockchain or DLT settings to be modified, “leading to the possibility of increasing Qtum’s block size without the need for a hard fork” or backwards incompatible upgrade.

Blockpass is a digital identity verification provider that aims to offer a “one-click” compliance gateway to financial services and other regulated sectors. Through the Blockpass platform, users are able to create, store, and manage a “data-secure” digital identity that may be used for a complete ecosystem of services, token purchases and to also gain access to “regulated industries.”

Blockpass is reportedly offering a 90% discount on its services in order to support clients during the COVID-19 pandemic.

Blockpass, which claims to be a pioneer of On-chain KYC, is a “fast, comprehensive” KYC and AML screening software-as-a-service for blockchains, crypto, DeFi and other regulated sectors.  The platform offers various compliance benefits such as “pay-as-you-go,” no setup costs, no integration required, free-of-cost testing, and “immediate launch” services.

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Written by bizbuildermike · Categorized: Crowdfunding · Tagged: adam vaziri, AML, blockchain, Blockchain & Digital Assets, blockchains, blockpass, ceo, Co-founder, compliance, covid-19, crypto, decentralized, defi, digital, digital identity, distributed ledger technology, dlt, ethereum, expansion, financial services, General News, identity, identity verification, information, integration, jordan earls, know your customer, KYC, Ledger, more, other, pandemic, platforms, pos, Proof-of-Stake, qtum, Regtech & Legaltech, screening, security, smart contracts, Teams, Technology, token, transaction, verification, virtual machine, work

Feb 09 2021

2021: Looking Ahead

A lot of ink has been spilled about 2020 — about its rolling disasters and general upheaval. But here, in this post, we don’t want to dwell on the negative. We want to talk about the positives that happened in 2020, and share our excitement for the year ahead. A lot of awesome stuff happened last year in the world of crowdfunding. Backers funded innovative campaigns, Indiegogo launched sweeping initiatives, and the crowdfunding community learned some key lessons that we can expand on in 2021. 

In this post, we round up last year’s top campaigns, discuss the takeaways we’re building on as we look ahead to 2021, and recap the initiatives that Indiegogo set in motion last year.

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Top 10 Campaigns of 2020

10. Amazfit Curved Smartwatch

$2.2M raised
12,041 backers
Beijing, China

This smartwatch has a curved screen and tracks vitals 24/7, using tech to improve health.

9. STRØM CITY W

$2.3M raised
3,291 backers
Copenhagen, Denmark

A stylish eBike made especially for women, created in the biking capital of the world.

8. Monster X

$2.3M raised
3,779 backers
Kowloon, Hong Kong

This generator is powerful enough to let you set up a TV or PS4 in your backyard.

7. ElecHive

$2.8M raised
2,453 backers
San Diego, United States

The ElecHive’s battery can provide a massive 2,200W of power output, just like a standard wall socket.

6. Stoggles

$3M raised
60,753 backers
Los Angeles, United States

Stoggles offer similar eye protection to full goggles but with style, shielding eyes from dirty fingers and airborne droplets.

5. GPD WIN Max

$3.M raised
4,356 backers
Shenzhen, China

GPD WIN Max combines the portability of a handheld gaming console with the graphics of a gaming laptop.

4. Reevo

$3.6M raised
1,777 backeers
Delaware, United States

This hubless design puts an emphasis on style, making it the perfect eBike for a discerning rider. 

3. Bluetti AC200 Solar Power Station

$7.5M raised
7,030 backers
Denver, CO

This power station uses solar energy to put out a colossal 2,000 watts of continuous power.

2. Superstrata Bike

$10.3M raised
3,853 backers
San Francisco, United States

Each Superstrata bike frame is 3D-printed with carbon fiber to give the user a custom fit. 

1. Babymaker

$14.8M raised
8,731 backers
San Diego, CA, United States

This eBike was the runaway (or bike-away?) hit of 2020, thanks to its sleek, lightweight design.

Five takeaways from 2021

Backers and campaigners are hungry for community and connection

Community is what differentiates crowdfunding: It’s the backbone of everything that happens at Indiegogo. So it was no surprise to find that, in a year when people were feeling isolated, backers chose to not just fund campaigns — they also chose to engage with the communities that are built amongst a campaign’s supporters. Nearly 50,000 backers came to our Facebook Virtual Hangouts, attending events like an unboxing and Q+A with Chase Reeves from Pakt, and roundtables for female entrepreneurs and Indiegogo community favorites. And 2.1 million people tuned into Instagram takeovers, where we gave fan favorite campaigners the keys to our Instagram for a few days to communicate directly with our social audience, sharing exclusive stories and content. Backers also shared tips and tricks on campaign pages: Productivity products alone garnered 50,000 comments as backers discussed their favorite life hacks and offered each other encouragement as they advanced towards their goals, and backers attended live Q+As with creators of productivity-enhancing products like this one with the creators of Midea and this one with Arrow and TimeChi. 

Backers are more interested in green campaigns

Crowdfunding has always been an ideal place for entrepreneurs to raise funds for products that can help save the planet. And as more and more people look to make the transition to greener lifestyles, support for green campaigns grew nearly 900% in 2020, as compared to the previous year. Backers are seeking out everything from plastic-free cleaning products to solar panels to portable bidets to help put the planet first. Solar-powered batteries were particularly popular, with power stations like Monster X and Bluetti bringing in millions of donations from backers looking to get off the grid and lower their carbon footprint. In fact, green energy campaigns raised a total of $16.7M in 2020. eBikes also got a lot of love in 2020, as backers looked to ditch their cars and find greener ways to get around. Electric bicycles like Reevo, Superstrata, Babymaker and MATE  raised a whopping $24M combined. And, of course, it wouldn’t be crowdfunding if backers weren’t also connecting with the creators of their favorite campaigns. Indiegogo community members attended events like an Instagram Live with QuenchSea, an Instagram Takeover with One Bottle founder Petrice Jones, and a Virtual Hangout on Facebook with ETEE. 

Crowdfunding helps underrepresented entrepreneurs achieve their dreams

2020 was a year of reckoning for many industries, as they struggled to overcome their racially homogenous makeup and move forward towards a brighter and more equitable future. Crowdfunding has long been a path for diverse voices to circumvent venture capital firms and other traditional investment avenues, which still give the majority of their money to white men. In 2020, Black female campaigners launched children’s books like The Mermaid Princesses, the Parisian concept store Little Africa, the eco-conscious perfume company Scents and Style, the digital archive of womxn in hip hop The Keeper, and so much more. 

Backers come to crowdfunding for global connection

One of our favorite things about crowdfunding is that it lets backers meet and support entrepreneurs from all over the globe. Last year, Indiegogo expanded its reach to Japan, offering resources to Japanese entrepreneurs and allowing Japanese backers to donate to campaigns using Japanese yen. Our new Made in Japan category is off to a great start, with $6M raised amongst 13,000 backers. And with our new partnership with Makuake, the leading pre-order and support platform in Japan, backers can expect to see even more exciting things to come. In 2020, Indiegogo continued expansion into China, helping Chinese brands reach international audiences through crowdfunding.

Games are having a moment

Indie game creators flock to Indiegogo to turn their intricate and creative concepts into games that people can enjoy with their friends in real life, dice and cards and all. And with the pandemic trapping everyone indoors, people found themselves playing tabletop games like never before. With their interest in gaming piqued, 35,000 backers supported up and coming game designers in 2020, resulting in more than a 200% increase in funds raised for tabletop games compared to 2019. One notable standout has been Queeng, a deck of playing cards designed by a 12-year-old girl that raised over $500k. But it wasn’t just tabletop games that had a good year on Indiegogo: Digital games also had a great showing in 2020. The GPD WIN Max console made the 2020 top ten, raising $3.4M and creative approaches to gaming like Polycade gained a following.

Five Initiatives We Launched in 2020

Commitment to uplifting marginalized and underrepresented groups

We’ve been asking ourselves hard questions about how we can do more to foster a diverse and inclusive landscape. In 2020, we launched the Indiegogo Fellowship Program, a six-week course that guides campaigners in running a successful crowdfunding campaign from beginning to end. The Fellowship Program aims to provide guidance and resources to creators from communities that are typically marginalized in tech and innovation, and focuses on helping female-identifying, BIPOC, and LGBTQIA+ entrepreneurs. We also established Juneteenth as a company-wide holiday last year. Indiegogo has been publishing an annual diversity report since 2014 and while we still have tons of work to do, our 2020 report reveals that our internal initiatives have been progressing diversity and inclusion at Indiegogo over the last half a decade.

Local business relief program

2020 was a turbulent year for small businesses, with lockdowns pummeling the local establishments that make up our communities. Last year we launched the Local Business Relief Program, which waived Indiegogo’s platform fees for local businesses, like restaurants and theaters, that operate in the service industry. These businesses launched Indiegogo campaigns to raise money to stay afloat and pay staff until quarantines were lifted. Through this program, local businesses like Fitdog Doggy Daycare in Santa Monica, Baker’s in Seattle, WA, Terrapin Crossroads in San Rafael, CA, and the oldest operating bar west of the Mississippi, Shooting Star Saloon in Huntsville, Utah, were able to raise extra funds to get through the pandemic.

Global launches

Brands often face headwinds when expanding into the global market, whether it’s a language barrier, shifting consumer needs, or cultural differences. Last year, Indiegogo expanded the Global Fast Track program to Japan. The program helps the world’s top innovative products launch in international markets. We partnered with the Japan External Trade Organization (JETRO), and with Makuake, the leading pre-order and support platform in Japan, to give entrepreneurs additional support for launching successful crowdfunding campaigns. Lu Li, the general manager of global strategy at Indiegogo, has been spearheading international efforts, helping entrepreneurs raise more than $260 million in funds. Her dedication and expertise in global crowdfunding has landed her on the 2021 Forbes 30 Under 30 List. Our global expansion wasn’t just limited to Japan: We built out additional tools for our Global Fast Track Program in China like an official WeChat account and informative webinars like our presentations with Facebook and Shopify. 

Support for causes that matter

On Giving Tuesday, Indiegogo launched Tips for Indiegogo, a feature that gives backers the option to add a tip for Indiegogo to their contribution during checkout. Indiegogo matches the money given through Tips and donates to causes that are important to the Indiegogo community. Tips for Indiegogo are optional, but if you find yourself in a giving mood, just look for the “add a tip” call-out on Indiegogo contribution pages! “Community has the power to accomplish some pretty incredible things. We see it every day in the campaigns you support, the causes you rally behind, and the projects you bring to life,” says Andy Yang, Indiegogo CEO. “Now we’ll be able to amplify the goodwill together, and make the world a better place while doing it.”

Partnerships

Entrepreneurs are most successful when they have some help along the way. We partner with companies that help entrepreneurs launch great campaigns and deliver perks to their backers. Those partnerships provide everything from one-on-one assistance to educational content to exclusive discounts.  In 2020, in-person events moved online, and Arrow, Easyship, and others shared their expertise on webinars about everything from managing supply chains to building medical technology with Analog Devices to Virtual Hangouts, connecting partners and the campaigns they’ve supported directly with the backer community. We helped entrepreneurs in our social community connect with specialists and gain access to new information and expert advice through articles and Q+As. We also welcomed Clearbanc to the Indiegogo family, and their marketing advances helped Reevo and Stoggles make the top ten list last year. Easyship worked with campaigns like the Philips PicoPix Max and the Stereogum Covers Compilation to ship products around the world. And as usual, the Arrow Certification Program helped tech entrepreneurs build viable, working products. The top five Arrow campaigns in 2020 were:

1. Reevo – $3.6M raised
2. NeoRythm – $1.6M raised
3. Tempest – $1.1M raised
4. SPLACH – $783K raised
5. GoSun – $514K raised

Explore our Experts Directory to learn more about our partners. 

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Written by bizbuildermike · Categorized: Crowdfunding · Tagged: 2020, 2021, batteries, books, brands, business, Businesses, carbon, cars, ceo, Community, company, Crowdfunding, Design, digital, discounts, diversity, donations, eBike, energy, Entrepreneurs, events, expansion, Facebook, Family, Fees, fiber, founder, fund, Future, game, Games, gaming, Global, green, hacks, health, html, IGG, In The News, information, innovation, instagram, international, investment, japan, market, marketing, markets, Mississippi, money, more, other, pandemic, partnership, Products, Real Life, report, Santa Monica, Seattle, small businesses, smartwatch, social, solar energy, Strategy, style, supported, tech, Technology, trade, TV, Venture Capital, work, world, youtube

Feb 09 2021

Let’s Protect More than 40% of our Endpoints

Let’s Protect More than 40% of our EndpointsLet’s Protect More than 40% of our Endpoints

Imagine finding out your most recent departmental budget was only 40% of what it should be. If you’re like me, you’d get a strong feeling that “something is missing and it’s a real disaster.”

Well, here’s the thing. If you’re a CISO – or if your job involves information security in general – you should be getting that exact feeling right this minute. Because most businesses only secure 40% of their endpoints.

Clearly, no one thinks that 40% is good enough – whether it’s your budget or your endpoint protection strategy. So why would an otherwise buttoned-up, well-run enterprise security organization pursue a strategy that fails to protect 60% of their endpoints?

Mobile devices are now the most common endpoints in the enterprise

The problem, in a word, is mobile. Enterprises have had decades to plan, implement and iteratively refine robust management and security solutions for traditional endpoints like desktops and laptops. But mobile devices transformed almost overnight from a nice-to-have luxury into the single most critical endpoint in the enterprise for employee productivity, connectivity and collaboration. 

Today, enterprises are still struggling to get their arms around protection for mobile devices. That struggle results in part from the vast difference between mobile threat defense and traditional threat defense. Unlike desktop PCs:

  • Users are the admins on mobile devices, so they decide when to upgrade their OS, what networks to connect to and what apps to install;
  • All apps are in containers on mobile devices, limiting the capabilities of security apps; and
  • Endpoint protection platforms (EPP) and endpoint detection and response (EDR) solutions are ineffective on mobile devices.

Mobile devices are under-protected and disproportionately targeted

Bad actors recognize that mobile endpoints are a relatively easy target. By September 2020, we had already recorded more mobile app breaches, failures, and data leaks than all of 2019. 

Every day, Zimperium detects 600 million threat events involving enterprise mobile devices. Essentially, all the methods and strategies hackers use on traditional endpoints apply to mobile devices.

  • Targeted attacks against enterprises often use unknown, “zero day” attacks that require machine learning-based detection;
  • “Land and expand” campaigns target the weakest link for entry into the network – unprotected mobile devices are the hacker’s perfect starting point today; and
  • To maximize the ROI of compromising any system (including a mobile endpoint), hackers want to establish a persistent foothold that remains even after reboot.

Even aside from inadequate protection, mobile devices have inherent characteristics creating a larger attack surface than traditional endpoints. Cybercriminals can attack mobile devices from multiple vectors.

  • Device: Attackers’ primary goal on mobile is to fully compromise the device, be persistent, and weaponize it for “land and expand” lateral movements;
  • Network: Attackers use rogue access points (RAPs) and man-in-the- middle (MITMs) to steal data and deliver targeted exploits to compromise the device;
  • Phishing: Mobile phishing – especially via text/messaging apps and personal email – is a highly effective way to steal credentials and deliver targeted exploits; and
  • Apps: Malicious apps can create fraud, steal information, and deliver device exploits; even apps from legitimate sources can have coding or other errors that make them vulnerable.

All of this is to say that the endpoint security problem itself is huge. But the bigger picture is that when your endpoint security is compromised, all your information security is compromised. If 60% of your endpoints lack adequate management and security, you cannot succeed with security frameworks such as zero trust. But this is not to say that protecting mobile devices is a hopeless cause. Rather, it just requires a different approach.

EPP and EDR solutions can’t protect mobile devices, but MTD can

I mentioned earlier that EPP and EDR solutions are ineffective on mobile devices. The reasons for that are complex. For example, the kernels in mobile OSs such as Android, iOS and ChromeOS are locked down. And since EPP and EDR rely on kernel access, they are blind and ineffective on mobile. 

They have no ability to detect risky or malicious networks, and cloud-based detection can easily be disabled by network attackers. They can’t even assess privacy and security risks in legitimate (non-malicious) mobile apps.

Mobile endpoints therefore require a new security approach. Gartner calls this new class of solutions mobile threat defense, or MTD. As the global leader in mobile threat defense protecting millions of enterprise mobile endpoints around the world, Zimperium’s MTD solution uniquely has the characteristics required for successful MTD:

  • Detects threats even with locked-down OS kernels;
  • Detects known and unknown (targeted) device, network, phishing and malicious app risks and attacks;
  • Provides on-device detection that protects user privacy and defends mobile devices even when an attacker owns the network and protects user privacy; and
  • Assesses privacy and security risks in legitimate mobile apps. 

The Zimperium platform leverages our machine learning-based engine – z9 – to protect mobile data, apps and sessions against device compromises, network attacks, phishing attempts and malicious apps. Our solutions include zIPS which runs locally on any mobile device and detects cyberattacks without a connection to the cloud and our first-of-its-kind Mobile Application Protection Suite (MAPS), a comprehensive solution that helps organizations protect their mobile apps throughout their entire life cycle. 

MAPS is comprised of three solutions: zScan, which helps organizations discover and fix compliance, privacy, and security issues; zShield, which hardens the app through obfuscation and anti-tampering; and zDefend (formerly zIAP), an SDK embedded in apps to help detect and defend against device, network, phishing and malicious app attacks while the app is in use.

For more information

If you’d like to get past the 40% mark and move to 100% endpoint protection, please feel free to reach out to me directly or to anyone at Zimperium.  We are here to help.

Previous Zimperium Mobile Security Blog PostPrevious Zimperium Mobile Security Blog Post Michigan Secure App – Powered by Zimperium – Protects Citizens from Mobile Attacks

Let’s Protect More than 40% of our Endpoints

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Written by bizbuildermike · Categorized: Mobile Security · Tagged: android, Apps, blog, Businesses, cloud, coding, compliance, connectivity, cyberattacks, cybercriminals, data, EDR, email, Enterprise, EPP, events, fraud, Gartner, Global, hackers, information, iOS, laptops, leaks, linkedin, Luxury, maps, Mobile, mobile app, mobile apps, mobile device, mobile devices, Mobile Endpoint, mobile endpoint security, Mobile Security, Mobile Threat Defense, more, MTD, Network attacks, other, Phishing, platforms, Privacy, productivity, security, Strategy, target, word, world, zDefend, ZIMPERIUM, zIPS, zScan, zShield

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