"29 Malware Families Target 1,800 Banking Apps Worldwide"

According to Zimperium, the rise in mobile banking is accompanied by a significant increase in financial fraud. Zimperium's research found that 29 malware families targeted 1,800 banking apps in 61 countries last year. In 2022, Zimperium discovered ten active malware families targeting 600 banking apps. Banking trojans continue to advance because of their persistence, security evasion, and avoidance of detection on mobile devices. US banking institutions are the most targeted by financially motivated threat actors. In 2023, 109 US banks were targeted by banking malware. This article continues to discuss banking trojans, new capabilities in emerging banking malware families, and suggestions for protecting apps from malware.

Help Net Security reports "29 Malware Families Target 1,800 Banking Apps Worldwide"

Submitted by grigby1