Security firm FireEye says mobile banking Trojan dubbed SlemBunk is becoming more sophisticated. The Trojan is designed to attack Android devices and steal mobile banking login credentials. Banks need to require their customers to use biometric authentication for mobile banking, security experts advise. FireEye: Mobile malware will only become more popular in the mobile space as it becomes consumers’ channel of choice in mobile banking channel, says Al Pascual, senior vice present and research director at Javelin Strategy & Research.”]
Source: https://www.bankinfosecurity.com/mobile-malware-a-8806