Report: 29 malware families targeted 1800 banking apps in 61 countries

Zimperium’s annual Mobile Banking Heists Report indicates a significant rise in mobile banking trojans, with 29 malware families affecting 1,800 banking applications in 61 countries. The most targeted nation is the US, followed by the UK and Italy. The report also shows trojans are expanding their reach to cryptocurrency and social media apps. The malwares’ success lies in their evolvement, persistence, and ability to bypass mobile device security.