Mobile malware is exploding at a time when financial institutions are increasing their mobile banking offerings and consumers are making broader use of smart phones and tablets. Mobile malware attacks hit record numbers in the third quarter, with Android devices as the primary targets. Security experts and law-enforcement authorities say anything stored on a mobile device or input via mobile applications could potentially be at risk. Banks must enhance fraud detection and look for better mobile malware detection software they can push to customers and members, experts say. The FBI identified two new Android Trojans known as Loozfon and FinFisher last month.”]
Source: https://www.cuinfosecurity.com/smart-phone-malware-risk-rises-a-5286