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Modifications for Mobile Banking Trojan Reach All-Time High


As per Kaspersky Lab researchers report, Mobile Banking Trojans modifications installation packages number peaked up by 61,000 in Q2 of 2018. The aim of these modifications is to help the cyber attackers in avoiding detection by the security systems, and also in expanding their arsenal. The peak of Q2 is more than three times than the last quarter (Q1 2018). Moreover, the number of registered installations in Q2 is also more than double of Q1 2017.


Mobile Banking Trojans directly steal money from the bank accounts of mobile users. Researchers said that this kind of attack is highly attractive for the cyber criminals, who are looking to make easy profit, from all around the world. The malware is usually disguised as a genuine banking app for luring people to install it. The interface of the banking app is overpowered by Trojan, which shows its own interface to the users after the banking app gets installed and launched. When the user enters personal and confidential information's, the information gets stolen by the malware.


In Q2 2018, massive influx - an all-time high (i.e. 61,045) of these kinds of Trojan - was experienced. Creators of the Trojan Hqwar made maximum contribution to number of Trojans, with around half of new modifications which were discovered were related to this malware. The second place was taken by Trojan Agent, with about 5,000 packages.


The top 3 countries having biggest share of the users who are attacked by the mobile banking malware (out of the total number of all the users who are attacked with any other type of mobile malware) in Q2 2018 were: USA (having 0.79%), Russia (having 0.70%) and Poland (having 0.28%).


As per the researchers of Kaspersky Lab, the sudden upsurge in banking Trojan's number can be attributed to the recent trend in the mobile malware growth globally. The total number of mobile malware packages installed also increased by more than 421,000 as compared to the last quarter (Q1 2018).


Principal Security Researcher of Kaspersky Lab, David Emm, said that "there is a great cause for concern regarding mobile security, judging by our evaluation of the threat landscape in the second quarter of this year."

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