As the Coronavirus pandemic has caused banks to shut down, more customers are using mobile banking apps to conduct their business. However, the FBI have warned there is an increase in the number of fake banking apps and other malware. Cyber criminals are seeking to steal personal data and gain access to bank accounts

Trojan banking apps have also been created. These apps masquerade as games or utilities which activate when a user opens their banking app. The trojan then takes over showing a fake log in screen.

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