11 percent of mobile banking apps includes harmful code

  • 7 February 2015
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by Pierluigi Paganini on February 7th, 2015
 

A recent study published by RiskIQ security firm revealed that more than 11 percent of mobile banking apps includes harmful code.

 
With the rapid spread of mobile banking services has increased significantly the number of cyber crimes targeting users of major financial institutions.
According to an interesting research conducted by the company RiskIQ more than 11 percent (40000) of the 350,000 apps which reference banking in the world’s top 90 app stores contain malicious code or suspicious binaries, and more than 5 percent include a banking trojan.RiskIQ inspected the apps by emulating human behavior to detect suspect applications, application
 
http://securityaffairs.co/wordpress/wp-content/uploads/2015/02/Mobile-banking-study-RiskIQ.png
 
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Good thread on the mobile apps. IMHO I feel using the laptop or work station is best when accessing banks, and of course having WSA for identity protection is best.

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