India tops global list for mobile malware attacks; banking systems particularly vulnerable

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India tops global list for mobile malware attacks; banking systems particularly vulnerable



These clever attacks deceive mobile users into disclosing critical bank information by using phoney banking websites that closely mimic the real ones, it said.Previously, similar tactics were used to spread Android-based phishing malware through fake card update sites, leading to widespread financial fraud.The Indian postal service has also become a target for attackers. Using SMS messages, they direct mobile users to phishing sites that prompt them to input credit card details.These fraudulent schemes often exploit common scenarios like missing packages and incomplete delivery addresses, capitalising on the urgency created by such messages, the report noted.”Legacy systems and unprotected IoT/ OT (Internet of Things/Operational Technology) environments are becoming prime targets for cybercriminals. We see a significant rise in hacking campaigns targeted at these environments,” said Suvabrata Sinha, CISO-India, Zscaler.”It is necessary for Indian enterprises to adopt a robust zero-trust security framework to secure their core operational environments. This will not only protect critical systems but also ensure business continuity in an increasingly connected world,” Sinha added.The report also indicated a concerning global trend, with over 200 malicious applications discovered on the Google Play Store and a 45 per cent year-over-year increase in IoT malware transactions, underscoring the pervasive nature of cyber threats today.On a positive note, India has improved its ranking as a malware origin point, moving from 5th to 7th place in the APAC (Asia–Pacific) region.



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