NEW YORK—Malware attacks on mobile devices globally increased 32% during 2023, which only highlights the growing threats to digital financial assets, according to a new report.
According to Kaspersky’s annual Financial Threats Report for 2023, Android users saw the largest increase in mobile banking Trojan attacks, a 32% surge compared to 2022, News Egypt said in its analysis.
The report found phishing attacks remained a significant threat, with e-shop brands serving as the top phishing lure. PayPal phishing was also on the rise.
Additionally, cryptocurrency phishing saw a 16% year-on-year increase, with scammers frequently mimicking cryptocurrency exchanges or offering coins under the guise of major corporations like Apple, News Egypt said.
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