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Smart Phone Malware Risk Rises

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. Banks must enhance fraud detection and look for better mobile malware detection software they can push to customers and members, experts say. As smart phone adoption increases, so will the threats, as well as the threats of mobile apps and smart phones. The FBI identified two new Android Trojans known as Loozfon and FinFisher.”]

Source: https://www.bankinfosecurity.com/smart-phone-malware-risk-rises-a-5286

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