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Mobile-based banking now threatened by sophisticated malware

It was found that while the overall volume of threats via PCs or mobiles decreased during this period, the team noticed cybercriminals using new and advanced propagation techniques.

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Photo used for representational purpose. Pic/iStock

Photo used for representational purpose. Pic/iStock

Cybercriminals are now using new and advanced techniques to attack mobile-based banking and the geography of attacks has become more diversified and extensive -- especially from a mobile financial malware perspective, a new report said on Sunday.

According to global cybersecurity firm Kaspersky, the financial threat landscape experienced a game-changing pandemic year.

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