Financial brands targeted in global mobile banking malware surge

A global surge in mobile banking malware targeting 1243 financial brands across 90 countries is reshaping the fraud landscape, with attacks now originating primarily on user devices, according to Zimperium zLabs. 

Zimperium’s latest report examined 34 active malware families affecting apps with more than three billion downloads, revealing what analysts describe as industrialised, large-scale campaigns.

These operations are reportedly evolving faster than traditional banking defences, driven by widespread code sharing and low barriers to entry for attackers.

Read more at Infosecurity Magazine