New report highlights Android vulnerability to cyber attacks

The Kaspersky Security Bulletin Overall Statistics Report for 2015 has found that threats to mobile banking and payment applications on Android devices have entered the top ten list of financial functions targeted by malicious cyber-attackers. Variants of the Faketoken and Marcher Trojans infiltrate a device by pretending to be a request from a bank to download an Android application; they then steal the user's banking information, which is then used be the hacker to extract funds. This is the latest of several reports that have recently sought to bring attention to the increasing cyber-threat to mobile banking applications.

If you regularly use a mobile banking app on your Android smartphone, you might want to read this.

According to the Kaspersky Security Bulletin Overall Statistics Report for 2015, mobile financial threats have entered the top ten list of malicious programs designed to steal money.