Rising Cyber Attacks on Financial Platforms: How to protect your money and data

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Cyber frauds targeting financial data and digital transactions are becoming more complex. Security firms are reporting a sharp rise in malware attacks, fake mobile applications, and identity theft through commonly-used communication platforms.

Surge in malware and fake applications

Quick Heal Technologies recorded over 369 million malware detections in 2024 through its research arm Seqrite Labs, covering 8.44 million users.

Trojans made up 43% of these threats, according to CEO Vishal Salvi.

Seqrite Labs also noted a sharp increase in behaviour-based…



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Rising Cyber Attacks on Financial Platforms: How to protect your money and data


Cyber frauds targeting financial data and digital transactions are becoming more complex. Security firms are reporting a sharp rise in malware attacks, fake mobile applications, and identity theft through commonly-used communication platforms.

Surge in malware and fake applications

Quick Heal Technologies recorded over 369 million malware detections in 2024 through its research arm Seqrite Labs, covering 8.44 million users.

Trojans made up 43% of these threats, according to CEO Vishal Salvi.

Seqrite Labs also noted a sharp increase in behaviour-based…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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