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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…
