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Kaspersky reports rise on mobile banking malware

May 23, 2019

Via: Finextra

Overall, attacks on more than 300,000 users were detected. These are among the main findings of Kaspersky Lab’s IT threat evolution in Q1 2019 report.

Mobile banking Trojans are one of the most rapidly-developing, flexible and dangerous types of malware. They usually steal funds directly from mobile users’ bank accounts, but sometimes their purpose is changed to steal other kinds of credentials.

The malware generally looks like a legitimate app, such as a banking application. When a victim tries to reach their genuine bank app, the attackers gain access to that too.

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