A new report from mobile security platform provider Zimperium Inc. finds that mobile banking heists continued to increase in 2023, with researchers uncovering 29 malware families that targeted 1,800 banking applications across 61 countries throughout the year. The 2023 Mobile Banking Hesits Report details how banking trojans — a type of malicious software designed to infiltrate banking and financial applications to steal sensitive information such as login credentials and financial data — have continued to evolve and succeed thanks to their ability to persist, bypass security and evade detection on mobile devices.

Source: SiliconANGLE