The growth of mobile technology and the increased importance of cybersecurity have dominated news cycles in the past year. At the same time, one of the biggest threats we’re seeing against mobile are overlay attacks - combining social engineering with inherent security weaknesses found in mobile apps, these attacks take advantage of users to trick them into sharing sensitive data.
In the past, these attacks were only spotted in Russia, but we’ve seen the first examples in Europe, such as the MazarBot Android malware, and the US, and there are likely to be more.
So how does it work? What can be done about it? What can organizations and financial institutions do to guard against becoming victims of this malicious attacks?
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