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Hackers Increase Attacks on Mobile Banking Applications by 258%

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by Giorgi Kostiuk

2 days ago


According to a recent report by Kaspersky, hackers have significantly increased the number of attacks on mobile banking app users, creating new cybersecurity challenges.

258% Surge in Cybersecurity Threats to Mobile Devices

Recent data indicate a sharp increase in attacks on Android and iPhone users, amounting to 258%. Hackers are focusing on vulnerabilities of mobile banking apps, targeting personal financial information.

Scammers have started to scale down their efforts to create unique malware packages, focusing instead on distributing the same files to as many victims as possible.Anton Kivva, Cybersecurity Expert, Kaspersky

Response of Financial Institutions to User Data Breaches

These attacks pose a serious threat to financial institutions as users' data becomes compromised. The global increase in such attacks negatively impacts consumer confidence. In response, financial institutions are investing in enhanced security measures and raising customer awareness to mitigate risks.

Expert Predictions on Continued Increase in Mobile Attacks

Similar surges in attacks have previously been seen on platforms like Windows, indicating a consistent trend of exploiting digital vulnerabilities. Experts predict a continued rise in mobile-targeted attacks and emphasize the need for improved security measures and user education.

The current situation requires heightened vigilance from users and the proactive implementation of security measures to protect their financial data from potential threats.

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