Mobile malware designed to steal bankcard information and funnel money from bank accounts increased by a factor of nearly 20 times in the past year
SNIPPETS from the Article:-
Because mobile banking provides the easiest way for criminals to steal money, it provides the largest target for criminals
According to Kaspersky Labs, the countries with the highest number of unique attacked users are Russia (40%), India (8%), Vietnam (4%), Ukraine (4%) and the UK (3%). However, mobile malware targeting banking specifically is expected to grow in other countries this year.
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