Despite MDM, Financial Services Plagued by Phishing, Malware

Mobile device management (MDM) deployments haven't exactly put the kibosh on threats to financial services. In fact, even while MDM adoption rose 50%, quarterly exposure to phishing between 2019 and 2020 jumped by 125%, according to the Lookout Financial Services Threat Report. That's certainly noteworthy, but the 400% increase in malware and app exposure is especially sobering.