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The number of Android users attacked by banking malware saw an alarming 300% increase in 2018, with 1.8 million of them being impacted by at least one such attack during the last year. While in 2016 the overall number of attacked users was of 786,325 and during 2017 it dropped to 515,816, in April 2018 the number of attacks went on a severely increasing trend. The growth in the number of incidents reached the highest values during June and September, the year ending with an astounding 1,799,891 of users having been hit by at least one Android banking malware family. Out of the total number of Android users affected by financial malware, the highest percentage was found in Russia, South Africa, and the United States, while 85% of the attacks were conducted by bad actors using only three banking malware families. According to Kaspersky Lab's "Financial Cyber threats in 2018" report, "Asacub peaked more than twice to almost 60%, followed by Agent(14.28%) and Svpeng (13.31%). All three of them experienced explosive growth in 2018, especially Asacub as it peaked from 146,532 attacked users in 2017 to 1,125,258. While Asacub was also the top dog in the Android banking malware rankings in 2017, during 2018 this Android malware family was behind 58% of all detected attacks, more than doubling its "market share."  For the full scope of this banking malware problem visit OUR FORUM.

 

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