Cybercriminals are increasingly using rogue mobile applications to carry out fraud attacks, a new RSA report shows. In the first three months of this year, fraud associated with such apps surged by 300%. Rogue apps are malicious copies of legitimate applications.
Fraud campaigns involving financial malware also increased in Q1 of this year, by 56%. Almost three out of ten (29%) fraud attacks in Q1 2019 involved phishing. The report noted that “Canada, Spain and the Netherlands remain the top three countries targeted by phishing, representing 78% of total attack volume.”
Read more: Fraud Attacks from Mobile Spiked 300% in Q