Mobile banking Trojans are an increasing threat in Q2 2018, report

Mobile Banking Trojans - Cybe Attack on mobile

New report from Kaspersky Labs reveals mobile banking app Trojan attacks are at an historic high. Mobile banking Trojans are one of the worst types of mobile malware, as they are designed to steal money directly out of a mobile user’s bank account(s). Now, according to a Kaspersky Lab’s Q2 IT threat evolution report, this form of cyberattack has more than doubled in Q2 2018 compared to Q1 2017. The malware is typically disguised as a legitimate banking app. Trojan attacks are a popular choice among cybercriminals across the globe.…

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Mobile security threats target Android banking apps

mobile security Android apps

Scammers are focusing in on applications that allow smartphone users to manage their money. According to Kaspersky Lab, one of the largest mobile security vulnerabilities at the moment is in Android smartphone based banking apps, which have become a considerable focus of scammers. Cyber crime is rapidly growing and these criminals are clearly aiming directly at the money. Kaspersky Lab is an antivirus software maker from Russia. According to its co-founder and chief executive, Eugene Kaspersky, 99 percent of mobile security attacks are occurring over Android smartphones. This is a…

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