Mobile banking is a convenient way for users to complete transactions anywhere and anytime. KPMG predictsthat the mobile banking user base will grow to 1.8 billion by 2019. And, when money is involved, the bad guys always find creative ways to steal it. Now they are increasingly doing so on the Android platform in the same way they did for online banking on PCs.
Just last week, the Association of Banks in Singapore (ABS) released an advisory on mobile banking malware infecting Android smartphones and the substantial rise in infection volumes. In our interest to take an in-depth look at this emerging threat, we found an Android malware that targets mobile banking apps.
Fake Android Flash Player Hits Global Financial Institutions | Fortinet Blog
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