200,000 Potential Victims Identified As Malware Disguised As Legitimate Apps Crack Bank Accounts, Warns CIFAS

Description

A prominent fraud prevention service says international crime groups are spreading malware designed to steal victims’ banking information. The London-based Credit Industry Fraud Avoidance System (CIFAS) says it is witnessing a surge in Android malware attacks targeting banking apps. CIFAS says that while the malware targets Android users, other mobile platforms are not immune to attacks, noting that the malicious software may have hit 200,000 victims in just six months. “These malicious apps oft...