According to a new report from Kaspersky Lab, malware attacks against Android devices more than tripled last year, topping 2.3 million.
Many of the malware targeting financial data were prevented by Kaspersky Lab, and the rest of the attacks by banking malware were accounted for by only three malware families–Faketoken, Svpeng and Marcher.
Kaspersky explained that Svpeng and Marcher can steal online banking credentials as well as credit card information by replacing the authentication fields of mobile banking apps and app store apps on an infected device.
Faketoken intercepts mobile transaction authentication number codes used in multifactor authentication systems and forwards them to cybercriminals.
Read the Kaspersky lab report to learn more about these attacks…