Security industry responds to FBI warning of increased mobile banking risks

Earlier this week the FBI issued an alert about the risk of mobile banking platforms being targeted by cybercriminals during the current pandemic lockdown. More than 75 percent of Americans used mobile banking in some form in 2019, but since the start of this year, a 50-percent spike in the usage of banking apps has been observed. Security professionals have been responding to the news. Trojans and fake apps are expected to make up the bulk of the attacks and ESET malware researcher Lukáš Štefanko points out there are important differences in the approaches. "Banking trojans are devious -- they… [Continue Reading]