In 2023, mobile malware became a key tool in financial fraud, and this trend continues into 2024. Hackers use malicious apps and phishing schemes to steal banking credentials, intercept SMS-based two-factor authentication, and drain accounts. Banking trojans, disguised as legitimate apps, are particularly dangerous, quietly stealing login details while you use your device.
To protect yourself, use essential security tools like antivirus and anti-phishing software. You should also avoid downloading apps from unknown sources, monitor your bank accounts regularly, and enable app-based two-factor authentication instead of SMS.
