Protecting against your customers' security breaches, an ever growing problem, 5-15% of consumers' computers likely affected in the US.
Banks are at risk from a new kind of ‘client side injected malware’ attack, in which attackers install malware on the customer’s device and use it as a base to attack their bank as well as steal private information. Online security company Namogoo estimates that out of the 89 million people in the US who used banking services via mobile phone last year, between 5 and 13 million of these were infected with CSIM malware. This represents an infection rate between 5% and 15%. “Just because you can’t see it on your servers doesn’t mean it’s not attacking your website or mobile app. While you’re watching your server back doors, this new form of malware is freely entering through the new front door – the customer’s computer, smartphone or browser.” said Co-founder and COO Ohad Greenshpan.