200,000 mobile banking malware installers discovered in 2022: Report

About 2,00,000 new mobile banking Trojans installers (malware) were discovered in 2022, marking a two-fold increase from the previous year’s figures, a new report revealed on Friday.

A Trojan, or Trojan horse, is a type of malware that conceals its true content to trick a user into thinking it’s a harmless file.

According to the 2022 Mobile Threats report prepared by the cybersecurity firm Kaspersky, this alarming surge in the number of mobile banking Trojans is also the highest ever reported in the last six years.

“Despite the decline in overall malware installers, the continued growth of mobile banking Trojans is a clear indication that cybercriminals are focusing on financial gain,” said Tatyana Shishkova, security expert at Kaspersky.