Mobile Banking Malware Increases by 58%

Mobile Banking Malware Increases by 58% 

According to a recent report by Kaspersky Lab, mobile banking malware is on the rise. The first quarter saw instances of mobile banking malware more than triple, and there was a 58% increase in modifications to banking trojans. 

A single piece of malware, dubbed Asacub malware, accounts for more than half of the banking trojans detected during this time, attacking approximately 8,200 users a day. 

In the first three months of the year, cybersecurity researchers identified 29,841 different modifications of banking trojans, underscoring the complex tasks that companies have when defending their digital infrastructure. 

As more and more financial services are conducted online, it’s a troubling sign to see an uptick in the scope and complexity of mobile-focused malware attempts. It’s also a reminder that companies can’t win this battle alone. They need to partner with skilled MSPs to help them identify and eliminate the latest threats to their businesses.

https://www.infosecurity-magazine.com/news/mobile-banking-malware-rose-58-in-1/

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