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Cybercriminals Are Biting Into Android Users Banking Data While Banks Not Moving Fast Enough To Adopt Preventative Technology, Says Promon

Android users are under an increasing risk of identity theft and financial repercussions following a series of recent events that have brought Android banking malware cases to the forefront of the cybersecurity debate. The most recent incidents include a banking Trojan designed to steal money leaked online by an underground hacking forum, and a DDoS attack targeting Lloyds Bank Group mobile apps. The increasing frequency of these events calls for urgent action from financial institutions, many of which are being actively targeted because of their negligent approach to mobile security.”]

Source: https://informationsecuritybuzz.com/articles/cybercriminals-biting-android-users-banking-data-banks-not-moving-fast-enough-adopt-preventative-technology-says-promon/

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