Malware

Banking Malware grew 60% this year, how to protect your bank accounts

As mobile banking and online banking services grow, the threat actors’ interest in exploiting these platforms is also spreading. According to experts in data protection services, hackers have recently tried to develop banking malware capable of exploiting security vulnerabilities in the implementation of these services, increasingly widespread. We will then review some measures that can strengthen the security of the user against banking malware.

According to data collected by various
cybersecurity firms, between January and March 2019, banking malware in mobile
devices grew by about 60%, which represents more than 300k mobile banking users
infected with some malware variant, without mentioning that these attacks are
also possible by infecting desktop equipment.

The main way of infection of mobile devices is
the downloading of unreliable software/applications. Although nothing
guarantees absolute protection against these attacks, the main security recommendation
for the user is to download applications only from trusted sources (App Store,
Google Play Store, etc). 

Application and system updates are also a
fundamental protection measure, commented experts in data protection services.
Banking malware can enter our devices by exploiting known security
vulnerabilities, corrected by updates and security patches, so it is essential
to keep our systems and applications always updated to their latest versions.

Finally, data protection services specialists
believe that anti-malware tools and applications are a security measure at any
users’ reach. In the official platforms (App Store, Google Play Store) are multiple
mobile
antivirus
software options available, offered by trusted developers and
under the highest standards of quality.

According to experts from the International
Institute of Cyber Security (IICS), the protection of desktop devices applies
in the same way, because the developers have also functional protection
services for your PC; just enter from the official antivirus software developer
platform to avoid any infection caused by entering a malicious/spoofed web
page.

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